Abdullah bin Salem Inaugurates Sharjah Investment Forum 2024

emirates7 - H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, officially inaugurated the seventh edition of the Sharjah Investment Forum (SIF 2024) on Wednesday, in the presence of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq).

This year’s two-day forum, organized by the Sharjah FDI Office (Invest in Sharjah), carries the theme ‘A Futuristic Vision for Smart Economies’ and features over 100 discussions and workshops led by more than 80 global experts.

The opening ceremony was attended by dignitaries including Abdullah bin Touq Al Marri, Minister of Economy; Ahmed Obaid Al Qaseer, CEO of Shurooq; and Mohammed Juma Al Musharrkh, CEO of Invest in Sharjah, along with various government officials, investors, and media representatives.

Sheikha Bodour emphasized Sharjah's commitment to enhancing its investment appeal in both regional and global markets. “With a robust regulatory framework, strategic geographic positioning, and world-class infrastructure, SIF 2024 serves as an international platform that embodies Sharjah’s economic vision, attracting leading experts to drive innovation and transform key sectors of our economy,” she stated.

In his keynote address, Abdullah bin Touq highlighted the leadership of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, which has propelled Sharjah to become a premier destination for business and investment. He noted that the non-oil sector now constitutes approximately 74 percent of the UAE's total GDP, with Sharjah's economy primarily driven by non-oil sectors.

“Sharjah Investment Forum has gained prominence as a vital event that attracts major investors and decision-makers, fostering discussions on the latest investment trends and opportunities,” he added, expressing confidence that this edition would support the UAE's goal of attracting $150 billion in foreign investments by 2031.

Ahmed Obaid Al Qaseer reiterated the need for collaboration among institutions, businesses, and communities to build a sustainable economic future. He praised Sharjah's advancements in food security, sustainability, and the circular economy, reflecting the UAE's commitment to fostering a smart, sustainable economy.

Mohammed Juma Al Musharrkh unveiled the world’s first fully automated business licensing system, developed in partnership with Microsoft and Sharjah Publishing City, enabling investors to secure licenses in just six minutes using AI technology. This innovation is a pivotal step toward aligning with the new economy.

In his keynote titled “Insight: Three Ways to Dominate Smart Economies,” renowned strategist Grant Cardone emphasized the importance of adaptability and innovation. He encouraged businesses to set ambitious goals and embrace technological advancements to thrive in the evolving landscape.

SIF 2024 offers a comprehensive agenda, featuring workshops, panel discussions, and networking opportunities designed to equip investors and entrepreneurs with the knowledge and skills needed to navigate the fast-paced world of smart economies.