emirates7 - The Sharjah FDI Office (Invest in Sharjah), an affiliate of the Sharjah Investment and Development Authority (Shurooq), has strengthened ties with potential investors and businesses from across Hungary and members of the Hungarian and Budapest Chamber of Commerce and Industry in a bid to expand commercial, industrial and investment cooperation in several high-priority sectors during a networking event hosted in Budapest.

Invest in Sharjah organised the ‘Sharjah Business Day in Hungary’ at the Matild Palace in the Hungarian capital to promote investment opportunities in competitive sectors and to highlight the range of services and facilities offered by various government organisations in the emirate.

Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations in Sharjah, led the high-level delegation at the Budapest meet which hosted a panel discussion held under the theme ‘Investment Opportunities in Sharjah’, to promote trade and economic cooperation between the business communities of Hungary and Sharjah.

The discussion highlighted the ease of doing business in the emirate, focused on Sharjah’s diversified economy, competitive advantages and core strengths in diverse sectors, easy access to global markets, and elaborated on the range of services offered to incentivise long-term foreign investment.