
Sharjah Chamber's trade mission to India highlights 30% growth in Indian investments, with 20,000 companies now operating in the emirate
He noted that Indian investors form a key component of Sharjah's business landscape, with nearly 2,000 new Indian companies joining the Chamber in 2024. This growth brought the total number of Indian businesses operating in the emirate to around 20,000, reflecting a 30 percent increase compared to 2023. Furthermore, Sharjah's export and re-export volume to India totaled approximately AED 576 million, as documented through certificates of origin issued by the Chamber.
These remarks were made during the Sharjah–India Business Forum, which was organized by the Sharjah Chamber in Mumbai, the first stop of its trade mission to the Republic of India, led by the Sharjah Exports Development Centre (SEDC). The delegation comprises 15 companies from Sharjah, representing a range of economic sectors.
This mission reflects SCCI's commitment to supporting the expansion of the UAE companies and the private sector representatives into the Indian market, while also showcasing Sharjah's diverse and high-potential investment opportunities to Indian counterparts.
The forum was attended by H.E. Abdallah Sultan Al Owais, Chairman of SCCI; H.E. Waleed AbdelRahman BuKhatir, Second Vice Chairman of SCCI; and H.E. Jamal Mohamed Sultan Binhuwaidin, SCCI Board Member.
Also present were Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Ali Abdullah Al Jari, Director of the Sharjah Export Development Centre; Jamal Saeed Bouzanjal, Director of Corporate Communication at SCCI; and Abdulrahman Saeed Al Suwaidi, Director of Supply Chain and Government Affairs at Bee'ah Group, along with SCCI staff, business leaders, CEOs, and executives from industrial, manufacturing, and export companies operating in Sharjah.
During the forum, the Sharjah Chamber's delegation explored ways to strengthen economic and trade cooperation between Sharjah and India, with a focus on partnership prospects in priority sectors.
The program featured a range of business meetings and B2B engagements between companies from both sides, aimed at exploring cooperation opportunities, forging agreements, and forming strategic investment partnerships to drive bilateral trade growth.
In his keynote speech, H.E. Abdallah Sultan Al Owais expressed his gratitude to the Indian side for their warm welcome and generous hospitality. He emphasized the deep-rooted relations between the UAE and India, noting that that both economies are among the fastest growing in the world, which signals strong prospects for expanding economic opportunities in the coming period.
He highlighted the remarkable growth in the two countries' economic partnership, with the UAE ranking as India's third-largest global trading partner in 2024. The volume of non-oil trade between the UAE and India exceeded AED 240 billion in 2024, marking a 20.5% increase from AED 199.3 billion in 2023. This sustained growth reflects the robust momentum and strategic depth of the bilateral trade ties between the two nations.
'Mumbai boasts a strong economic foundation rooted in financial services, information technology, trade, and maritime shipping. It stands out as a strategic gateway for UAE businesses to explore and capitalize on high-potential investment opportunities across these vital sectors. This forum represents a key milestone in advancing bilateral business collaboration and enhancing joint efforts to grow trade and investment volumes,' Al Owais added.
He noted that this collaboration will further strengthen the economic ties between the UAE and India, marking a significant stride toward fulfilling the objectives of the Comprehensive Economic Partnership Agreement (CEPA), which aims to increase mutual investment and trade flows and raise non-oil bilateral trade to $100 billion by 2030.
Ali Abdullah Al Jari delivered a comprehensive presentation highlighting the key investment advantages offered by Sharjah. He outlined the emirate's diverse economic landscape, its advanced infrastructure, vital industrial and commercial zones, and world-class logistical facilities.
He also underscored the Emirate's investor-friendly legal framework, which facilitates business growth and encourages foreign direct investment. The presentation highlighted the Sharjah Chamber's initiatives to support investor engagement through its structured network of business councils.
As part of its ongoing visit to India, which will continue until July 11, the delegation will head to Ahmedabad for the second leg of its tour. The agenda includes a dedicated business forum involving meetings with key representatives from Indian chambers of commerce and industry.
The program will also feature various business forums and meetings between Emirati and Indian business communities, aimed at exploring investment prospects and establishing joint economic partnerships.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


See - Sada Elbalad
10 hours ago
- See - Sada Elbalad
APN Partners with GNCCI to Advance Continental Economic Development
Nada Mustafa Africa Prosperity Network (APN) today announces the signing of a Memorandum of Understanding (MoU) with the Ghana National Chamber of Commerce and Industry (GNCCI). This strategic partnership marks a significant milestone in collaborative efforts to enhance business networks and propel economic growth across Africa. The MoU, formalised at the GNCCI head office in Accra, establishes a comprehensive framework for cooperation between the two organisations. A primary focus will be the upcoming fourth edition of the Africa Prosperity Dialogues, scheduled for 4 – 6 February 2026 at the Accra International Conference Centre. "This partnership with GNCCI represents a pivotal moment in our mission to foster sustainable prosperity across Africa," said Sidig Eltoum, CEO, APN. "GNCCI's extensive network, deep understanding of Ghana's commercial landscape, and commitment to business development make them an ideal partner as we convene key decision-makers from across the continent." The Africa Prosperity Dialogues serve as an annual platform where business and political leaders converge to deliberate, plan, and collaborate towards achieving sustainable economic development for Africa. The 2026 edition, under the theme "Empowering SMEs, Women, and Youth to drive inclusive growth and trade across Africa's single market," promises to be the most impactful yet, uniting influential stakeholders to address critical challenges and opportunities facing the continent's economic future. Under the terms of the partnership: • APN will recognise GNCCI as an institutional partner and provide executive access to APN events locally and internationally. APN will leverage its extensive network to support commerce and industry in Ghana through GNCCI initiatives. • GNCCI will provide technical expertise and advisory support on commerce, industry, and trade matters. The Chamber will assist with fundraising and resource mobilisation, support marketing and public relations strategies, and facilitate crucial introductions to relevant enterprises within and beyond Ghana. "We are delighted to partner with APN in this transformative initiative," said Stephane Miezan, President of GNCCI. "The Africa Prosperity Dialogues align perfectly with our mission to promote and protect commercial and industrial interests in Ghana. We must pool all our efforts to ensure our collective voice is heard, and we advocate for the Chamber to consistently have a platform to present the private sector perspective." Dr. Mrs. Emelia Assiakwa, First Vice President of GNCCI, added: "This partnership is timely, particularly for empowering youth and women; this is the direction we must take. Through our dedicated Women and Youth Wing of GNCCI, we seek to build capacity, secure funding, and grant access to markets for these vital groups." The partnership encompasses key areas, including co-organising the 2026 event, knowledge sharing, strategic media engagement, and networking opportunities, benefiting both organisations' extensive stakeholder networks. Both organisations recognise Ghana's strategic role in achieving continental prosperity and the diverse opportunities the Africa Prosperity Dialogues present for strengthening intra-African trade and investment relationships. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Sports Get to Know 2025 WWE Evolution Results Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani


Mid East Info
a day ago
- Mid East Info
Al Rasikhoon Real Estate Unveils ‘Rawdat Al Sidir' Land Development in Sharjah, 3-Day Sales Exhibition - Middle East Business News and Information
Sharjah – In a ceremony graced by His Excellency Abdallah Sultan Al Owais, the Chairman of the Sharjah Chamber of Commerce and Industry, Al Rasikhoon Real Estate announced the launch of its latest landmark development in Sharjah, Rawdat Al Sidir, and the commencement of sales for residential, commercial and industrial land plots within the master plan of the project, which spans a total area of 8.5 million square feet. This strategic unveiling reflects the company's broader vision to create integrated, thoughtfully planned communities that blend residential comfort with commercial opportunity. The announcement came during a high-profile event held on Sunday, July 27 at Al Jawaher Reception and Convention Centre. The gathering brought together senior officials, real estate professionals, and a host of investors and industry leaders. Welcoming attendees, the opening remarks underscored Sharjah's appeal as a strategic investment hub, renowned for its modern infrastructure, balanced urban planning, and forward-thinking economic policies rooted in sustainability. Rawdat Al Sidir is located in a prime growth location in Sharjah, with direct access to Al Qasimia and Khor Fakkan roads, and just minutes from Al Dhaid Road, Khalid Bin Sultan City, and the future Etihad Rail network. Its location not only connects emerging urban centers but also positions it as a compelling destination for both end-users and investors. The master plan encompasses residential, commercial, and mixed-use land plots, including: Residential plots (permitted: Ground + 2), Residential-commercial, residential-investment plots, and commercial office plots (permitted: Ground + Mezzanine + 3). The plot sizes range from 270 to 1,080 square meters, offering a flexible canvas for developers and individual buyers. The planning allows for diverse property types, enabling tailor-made development that supports the lifestyle of future residents and the growth of businesses. H.E. Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry, stated: 'Rawdat Al Sidir represents a valuable investment opportunity aligned with Sharjah's evolving economic direction. It supports our Chamber's mission to empower the real estate sector by nurturing a collaborative environment between public and private sectors, and encouraging high-value developments. This launch further reflects Sharjah's smart urban expansion and growing demand for quality residential and commercial properties.' He added: 'Sharjah continues to be a role model in urban and economic growth under the visionary leadership of H.H. Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. At the Chamber, we strive to attract pioneering investment projects like Rawdat Al Sidir and support developers through our services, platforms, and initiatives. As it reflects the success of Emirati investors in adopting a responsible developmental mindset, which strengthens Sharjah's position on the real estate investment map as a stable, secure, and attractive environment for capital and future initiatives'. Khalifa Sultan bin Hareb AlMheiri, the General Manager of Al Rasikhoon Real Estate, emphasized that the project embodies a long-term vision rooted in strategic insight and deep sector expertise. He stated: 'We are proud to bring Rawdat Al Sidir to life in Sharjah, given its stimulating regulatory environment, advanced infrastructure, and unlimited official support for the real estate sector, all of which strengthen investor confidence and make Sharjah an ideal destination for launching high-quality projects'. Commenting on the company's investment philosophy, AlMheiri explained that 'Rawdat Al Sidr' embodies a core belief held by the company 'Your Land is Gold.' He emphasized that land has always been, and continues to be, one of the most secure and successful investment choices, particularly when paired with strategic planning and a prime location. He continued: 'We firmly believe that land is the foundation of all assets. Every new project we launch is a testament to this conviction and reflects our ongoing commitment to being true partners to those who are confidently planning for the future. Our aim is to deliver a real estate product that resonates with the aspirations of families and appeals to investors seeking strong, long-term returns.' The project will feature essential amenities such as mosques, green spaces, public parks, a medical clinic, and pedestrian-friendly zones with dedicated parking, all tailored to support a high quality of life and contemporary urban lifestyle. The design balances architectural harmony with nature, making Rawdat Al Sidir ideal for families and investors alike. Following the unveiling, Al Rasikhoon announced an exclusive three-day sales exhibition at Al Jawaher Centre, offering competitive incentives for early investors, including flexible payment plans and special ownership terms. The opening day witnessed strong attendance, underscoring the market's trust in Al Rasikhoon's reputation and track record. Company representatives affirmed that the accompanying exhibition will run throughout the entire promotional period, welcoming daily visits from investors and prospective buyers As part of the event, a compelling video presentation traced the remarkable journey of Al Rasikhoon Real Estate, spotlighting the company's key achievements since its founding in 2002. The video offered an emotional and inspiring look at the milestones that shaped the company into one of the UAE's foremost real estate developers. It celebrated the enduring partnerships with clients and collaborators who have been instrumental in this journey. The audience lauded the presentation for its exceptional organization and the company's clear, future-focused vision. With over 23 years of industry expertise, Al Rasikhoon Real Estate has firmly established itself as a leading player in the UAE's real estate sector. The company's impressive portfolio includes major developments such as Madinat Al Saada, Al Bahia, Al Maydan, Al Maha Village, Al Thuraya, and Suhail, as well as distinctive projects in Al Zubair, Wahat Al Tai, and Al Manama. Al Raskhoon has earned a prestigious five-star rating from the Ajman's Department of Land and Real Estate Regulation on three occasions, in addition to numerous awards and recognitions. Known for its ability to transform undeveloped land into vibrant, well-planned communities, the company relies on a skilled team and decades of accumulated knowledge. Looking to the future, Al Rasikhoon is preparing to unveil a new lineup of high-quality projects in Sharjah and Ajman during the fourth quarter of 2025. These developments are aligned with the company's strategic vision to offer sustainable, value-driven real estate solutions that address evolving market needs while creating long-term value for investors and communities alike. With each new launch, the company continues to diversify its investment offerings and expand its footprint, all while staying true to its guiding principle: 'Shaping the future with steady steps.' Sharjah has emerged as a leading investment destination in the UAE. Given to its strategic location, bridging the country's core with its eastern front. The flexible real estate regulations and a wealth of opportunities for developers and investors make Sharjah an ideal setting for both mid- and long-term projects. In recent years, it has strengthened its reputation as an innovation hub for urban planning, sustainable development, and the knowledge economy, further reinforcing its appeal to capital seeking stability and meaningful, long-term growth.


Mid East Info
a day ago
- Mid East Info
Union Properties signs AED 700 million sale agreement, paving way for sustainable growth - Middle East Business News and Information
Union Properties PJSC 'Union Properties' or the 'Company' DFM symbol: UPP, has signed a conditional sale agreement valued at AED 700 million for a significant Real Estate project in Motor City. This marks a pivotal milestone in the Company's strategic roadmap, effectively concluding its comprehensive recovery plan which was designed to resolve all legacy debt settlements and restore long-term financial strength. Building on a record AED 1.3 billion in plot sales achieved in 2024 as part of its comprehensive debt restructuring strategy, this latest agreement is expected to be recognized in the Company's Q4 2025 financials. Importantly, the Real Estate project will contribute meaningfully to the continued evolution of MotorCity, one of Dubai's most established and sought-after communities. Structured under a deferred payment framework, the agreement further reinforces Union Properties' disciplined financial approach, with the initial deposit already secured, ensuring strong cash flow visibility and continued balance sheet optimization. Upon completion, the proceeds will enable the Company to fully settle its legacy debt, marking the culmination of a multi-year recovery strategy. This milestone positions the Company to pivot decisively toward a new phase of sustainable growth, strategic capital deployment, and long-term value creation for its shareholders. Eng. Amer Khansaheb, CEO and Board Member of Union Properties, commented on the achievement, stating: 'This transaction is more than a sale – it is a signal of strength. With this transition, we bring our recovery plan to a close, settle all legacy debts, and lay the foundation for a bold new chapter. This milestone reflects not only the trust and confidence of the market in our vision, but also the resilience and discipline of our team in executing one of the most successful turnaround strategies in the sector. Today, we build from a position of strength, focused on strategic development, long-term value creation, and a sustainable impact across the UAE's Real Estate landscape.' Union Properties remains committed to delivering value-driven, market-responsive developments that elevate communities and support Dubai's broader urban vision. As the Company continues to execute its strategic objectives, this landmark transaction signals its resilience, agility, and forward momentum in an increasingly competitive market.