UAEBusiness

Sharjah’s investment ecosystem highlighted at AIM Congress 2024

The Sharjah Chamber of Commerce and Industry (SCCI) wrapped up its participation in the 13th edition of the Annual Investment Meeting (AIM) Congress 2024, which was convened in Abu Dhabi National Exhibition Centre (ADNEC) from May 7 to 9 May 2024.

Held under the theme “Adapting to A Shifting Investment Landscape: Harnessing New Potentials for Global Economic Development”, the Congress boasted an impressive lineup of participants, including over 100 ministers, city mayors, and central bank governors, in addition to 900 speakers, representatives of 11 global financial markets, and more than 12,000 visitors from over 175 countries worldwide.

In the Sharjah pavilion, the SCCI hosted strategic business meetings with high-level government officials, influential economic figures, representatives of investment entities, ambassadors,business leaders, and investors from around the world.

These sessions aimed at showcasing Sharjah’s conducive investment ecosystem, highlighting the attractive facilitation and lucrative incentives the emirate offers to investors and entrepreneurs, as well as the ongoing and upcoming investment projects across various sectors. This, in turn, reinforces the emirate’s stature as a regional hub for business and entrepreneurship. Discussions also veered towards outlining the distinguished services the Sharjah Chamber and its affiliated institutions offer to businessmen and entrepreneurs, demonstrating the pivotal role they play in nurturing and advancing business ventures and enterprises.

Mohammed Ahmed Amin Al Awadi, Director-General of SCCI, underscored the Sharjah Chamber’s commitment to engaging in various economic exhibitions and forums that are aimed at driving the emirate’s economy forward.

He highlighted the SCCI’s role in promoting the emirate of Sharjah as an investment powerhouse and a premier trade and economic center in the region, detailing the Chamber’s premium services tailored to private sector’s representatives and businessmen, with the aim to facilitate the establishment of their various commercial and industrial ventures.

Al Awadi further noted that the Sharjah Chamber has actively engaged in several meetings with official delegations at AIM Congress 2024, as part of its mission to promote the emirate as an attractive destination for investments.

Sharjah has witnessed continuous growth in the investment sector, successfully attracting 34 new foreign direct investment projects in the first half of 2023, totaling over AED 1.2 billion across various fields.

Al Awadi added that the Chamber has noted substantial interest from global business leaders in investing and establishing companies in Sharjah.

The 13th edition of AIM Congress (Annual Investment Meeting) concluded with resounding success after three days of dynamic discussions, innovative exhibitions, and fruitful networking sessions at ADNEC.

With the support of UAE Industry of Advanced Technology and the Abu Dhabi Department of Economic Development as lead partners, AIM Congress 2024 convened global investors, entrepreneurs, and policymakers to explore and leverage new opportunities.

Under the theme “Adapting to a Shifting Investment Landscape: Harnessing New Potential for Global Economic Development”, AIM Congress 2024 provided a robust platform for delegates to delve into the evolving dynamics of investment across distinctive pillars: FDI, FPI, SMEs, Startups, Future Cities and Digital Economy.

Reflecting the event’s significance, 138 high-level dignitaries graced AIM 2024, joining 12,427 visitors hailing from 179 countries. The congress featured a staggering 412 dialogue sessions, offering a comprehensive exploration of investment trends, challenges, and opportunities. With insights from more than 927 speakers, including industry pioneers, policymakers, and thought leaders, AIM Congress 2024 fostered a rich exchange of ideas to drive sustainable economic growth on a global scale.

Dawood Al Shezawi, President of AIM Global Foundation and AIM Congress, said, “As we close AIM Congress 2024, I extend heartfelt appreciation to all participants, speakers, and organizers whose unwavering dedication contributed to the remarkable success of this event. It has been a privilege to witness the vibrant exchange of ideas, insightful presentations, and groundbreaking innovations that have defined these past few days.

“AIM continues to serve as a pivotal platform, uniting leaders from diverse sectors to address pressing challenges and seize emerging opportunities in business, finance, and governance. From navigating challenges to embracing the latest trends in investments, technology, and innovation, our discussions have illuminated pathways towards a future of sustainable economic development.”

Source: gulftoday

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