Sharjah Chamber engages with EWA to enhance trade & investment avenues

By Salma C, Intern Reporter
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Sharjah Chamber of Commerce & Industry Building
Representational Image

The Sharjah Chamber of Commerce and Industry (SCCI) and the Belgium-based European Women Association (EWA) have signed a Memorandum of Understanding (MoU) to strengthen trade relations, develop cooperation, and promote investment opportunities on both sides.

The MoU was signed by Mr. Abdullah Sultan Al Owais, Chairman of the SCCI, and Ms. Yulia Stark, President of the EWA, in the presence of officials from the Chamber and 45 EWA delegates from various business sectors.

The MoU was signed as part of the EWA delegation’s visit to the SCCI headquarters to learn about the investment opportunities in various economic sectors of Sharjah.

The MoU is aimed to encourage trade delegations between the two countries to conduct discussions in the field of export and economy and they also agreed to exchange commercial data and statistics, participate in economic events, as well as to conduct joint research activities, exhibitions, and conferences.

Both sides acknowledged the importance of establishing a commercial network that facilitates the exchange of business opportunities in each country and between members of the two chambers.

On the occasion, Mr. Al Owais remarked that the MoU will highlight the importance of Sharjah to emerging European companies looking to enter the Middle East markets and encourage them to establish businesses in the emirate.

Mr. Al Owais emphasized that Sharjah provides incentives, facilities, and an inspiring and regionally pioneering economic environment considered one of the fastest developing, growing, and open to various world markets.

Abdullah Sultan Al Owais Image
Abdullah Sultan Al Owais
Chairman – SCCI

“The SCCI has adopted its operational plan, which includes a set of objectives, foremost of which is providing full support to the entrepreneurship sector and providing more facilities for it. In addition, several programs have been launched in support of this category, such as the Small and Medium Enterprises Center (Tijarah 101), which aims to motivate youth to engage in business and economy and create a positive work environment to promote sustainable development in society.”

Meanwhile, Ms. Yulia stated that the Emirate is a perfect hub for entrepreneurship at the regional level, commending the SCCI’s efforts and role in supporting SME enterprises, developing the entrepreneurship sector, and creating an incubating environment for entrepreneurs.

The European Women’s Association is a global platform that empowers female founders by establishing a strong and safe foundation for women-led projects and initiatives. Through the European Women Association Platform, women worldwide have increased access to funding, business networks, education.

Related: Qatar, Equatorial Guinea explore ways to boost trade relations


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