The Sharjah and New Zionism Forum discusses manufacturing and fine technology opportunities

Sharjah, February 20 / WAM / Research of the Sharjah Business Forum and New Ziontel, which was organized by the Sharjah Foreign Investment Office, “Invest in Sharjah” in the “The Zhaidi Al -Bayt Hotel – Sharjah” investment opportunities in the Swiss city .

Yesterday, the forum highlighted the developments of the business sectors in the two cities and to identify growth trends and future investor options, reviewing the promising investment opportunities in the Emirate of Sharjah, which constitute an area to enhance cooperation and future work such as industry, smart solutions, accurate technology, scientific research and electronic engineering.

His Excellency Mohamed Jumaa Al -Mashriq, Executive Director of the Sharjah Foreign Investment Office, confirmed “Invest in Sharjah”, the depth of the ties that bring together the emirate and business societies in Switzerland, where the volume of trade exchange between the emirate and the Swiss markets reached 84 million dirhams and through this forum we seek to create greater opportunities for more cooperation Where Sharjah and Nuchhatil shared a firm commitment to strengthening investment partnerships Commercial benefit is mutual as we have joint interests and interests to enhance technology, innovative technologies, advanced manufacturing and health care innovations.

In the context of the forum, Marwan Saleh Al -Ajla, Director of the Investment Promotion and Support Department, reviewed the Sharjah Foreign Investment Office, “Invest in Sharjah” and Matthew Ober, Director of the Economic Department Department in Newchatel City in Switzerland, investment opportunities of common interest in addition to the competitive advantages of Sharjah.

The wheel said that economic systems and legislation were designed in Sharjah to be consistent with the directions and needs of local and foreign investors, and the advanced infrastructure and laws supporting business and easy access to the markets of the Middle East and North Africa region make Sharjah a destination for global companies that seek to develop and expand their operations and establish a solid base for them In the region, referring to the innovative business services provided by Sharjah, especially the first license Commercial artificial intelligence in the world.

For his part, Matthew Ober, Director of the Economic Department Department in the Swiss City of Nechtelle, reviewed the ancient engineering heritage in Newchatel and how this heritage can achieve integration with the sectors of industry and super technology.

He pointed out that experience in e -engineering and fine technology opens wide areas of cooperation and enhancing growth and by combining our legacy and the aspirations of Sharjah we can create innovative global solutions.

Economic partnerships between Sharjah and business communities in Switzerland continue their growth, which is evident in the growing presence of Swiss companies in the emirate, where about 250 Swiss companies operate on Sharjah lands and in their free areas and benefit from a package of strategic advantages that include tax exemption and facilitated logistical services, which establishes a future that witnesses more Partnership in vital sectors has become the essence of an economy The present and the nucleus of the future economy.

It is noteworthy that Switzerland is the fourth largest partner for the UAE in the world and the first European destination for non -oil trade, as it reached 2023 (22.3 billion dollars), recording 41.2% growth for the previous year and includes the main sectors that enjoys joint cooperation between the UAE and Switzerland medicines and materials Pharmaceutical, advanced manufacturing, biotechnology and sustainable energy.

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