Emirates

SCCI organises Sharjah-India business forum

SHARJAH, 7th December, 2021 (WAM) — The Sharjah Chamber of Commerce and Industry (SCCI) stressed the importance of strengthening economic relations between the Emirate of Sharjah and the Republic of India, by highlighting the available investment opportunities and the facilities and incentives offered by both sides in various vital sectors.

This came during the Sharjah-India Business Forum organised by the SCCI on the sidelines of the visit of a delegation from Global Network India, an International Trade Consulting Firm.

The forum was attended by Abdulaziz Shattaf, Assistant Director-General for Communication and Business Sector, SCCI, Dr. Jagat Shah, President of the Global Network India, and 16 Indian companies in the sectors of trade in building materials, electronics, food products, agriculture, health, education, and chemical manufacturing.

Pointing to the importance of the forum in meeting the evolving needs of foreign investments coming from India to the Sharjah markets, Abdulaziz Shattaf said that the UAE and India have a long history of commercial, social and cultural relations.

He pointed out that the UAE has invested US$10 billion in India in the last five years, stressing the SCCI's eagerness to strengthen this partnership and achieve the two countries' directions that the value of mutual trade reaches about US$100 billion over the next five years.

This can be achieved by paying more attention to new vital sectors such as jewellery, gold industry, medical equipment, information technology, textiles, building materials and others, Shattaf noted.

"The number of Indian companies investing in the Emirate of Sharjah has reached about 22,242, most of which specialise in education, trade and health. The Emirati investment in India focuses on manufacturing, ceramics, navigation, sea and air freight, oil and gas, and tourism. The number of Emirati delegations to India in 2020 and 2021 amounted to about 232, in addition to about 1,106 flights between the UAE and India per week, and 33 agreements concluded between the UAE and India for cooperation in various vital sectors," Shattaf said, in conclusion.

Dr. Jagat Shah described the business environment in Sharjah as distinct and innovative, enjoying global capabilities and significant competitive advantages, underlining that the Emirate of Sharjah is an ideal location for establishing companies for diversity and ease of shipment to and from it.

Shah expressed the keenness of the Global Network India to organise more meetings during the next year and enhance cooperation with the Sharjah Chamber.

The Sharjah Airport International Free Zone representative said that SAIF Zone's participation in such meetings aims to introduce its unique advantages and privileges to international companies and institutions.

He pointed out that the SAIZ Zone is home to more than 7,500 companies. He also highlighted the incentives provided to investors and companies, such as 100 percent foreign ownership of businesses, 100 percent repatriation of capital and profits, 100 percent corporate or personal income tax exemptions, 100 percent import and export tax exemptions.

Emirates

Intermobility Expo 2023 Kicks Off with Grand Opening by H.E. Mattar Al Tayer

Informa Connect, the global leader for events in the Middle East region has successfully
concluded the day one of the most awaited events of its calendar, the Intermobility Expo
2023 started on 21 st November at World Trade Center, Dubai.
The 22 nd edition of the Intermobility Expo 2023, which was known as the Gulf Traffic, the
largest Intelligent Transport and Future Mobility Summit of the Middle East, Turkey, and
Africa was officially launched by H.E. Mattar Al Tayer, Director General and Chairman of
the Board of Executive Directors at the Roads and Transport Authority (RTA), at an exciting
opening ceremony in the presence of industrial experts and government delegates.
On day one of the largest transport expo, key players in the Middle Easts transport industry
came together to discuss how new technological advancements that can be leveraged to
address road hazards and enhance safety, which is a critical factor in managing dynamic cities
in the GCC and beyond. Enriching discussions on topics like Driving Change: Governments
Role in Mobility, underscoring the vital influence of the government in molding the
trajectory of mobility, saw enhanced participation from the attendees.
H.E. Sheikh Nasser Majid Al Qasimi, Assistant Undersecretary of the Infrastructure
and Transport Regulation Sector at the Ministry of Energy and Infrastructure, also
graced the occasion with his esteemed presence and commended the UAEs unwavering
dedication to reimagining transportation. He highlights, “;The country envisions a smart and
interconnected transport system, integrating advanced technologies, autonomous vehicles,
smart infrastructure, and a strong emphasis on green mobility, as showcased by the Global
Market for Electric Vehicles initiative. Recognizing the strategic importance of an integrated
transport system for economic growth, social harmony, and environmental sustainability, the
UAE stands as a global leader in adopting ambitious initiatives.”

Emirates

Dulsco Group and clients root for climate change action in mangrove tree plantation drive

Dulsco Group has reinforced its commitment to spearheading
and supporting environmental initiatives by bringing together 100 team members from its
portfolio of businesses comprising Dulsco Environment, Dulsco People, Parisima and
Advance Global Recruitment, and corporate clients like BRF, ENOC Link and Fischer to
plant 300 mangrove trees to help in the fight against climate change.
Part of Dulsco Group’s sustainability agenda in the run up to COP28, the event was held to
support the UAE National Carbon Sequestration Project, which Dulsco proudly signed up for
in 2023. The Ministry of Climate Change and Environment project aims to plant 100 million
new mangrove trees across the country by 2030.

Each participant in the Dulsco drive planted three trees at Jebel Ali Wildlife Sanctuary, run
by the Emirates Marine Environmental Group (EMEG). And, thanks to new technology and
virtual reality, the trees’ progress and contribution to carbon savings can be monitored
through the EcoMatcher app, which promotes transparency and traceability in tree planting.

Mangrove trees play a key role in conservation, by stabilising and protecting coastlines,
preventing erosion, supporting wildlife within the ecosystem and serving as a habitat for
thousands of species. They also reduce harmful greenhouse gases by isolating up to 13.6
kg of carbon each year. This means that the 300 trees planted on 16 November – and the
120 planted by Dulsco last year – will collectively capture 5,712 kg of carbon dioxide
annually.

The UAE is currently home to 60 million mangrove trees that span 183 sq km and capture
43,000 tonnes of carbon dioxide annually. An additional 100 million trees will mean
115,000 tons of CO2 will be sequestered every year.

John Grainger, Chief Operating Officer at Dulsco Environment, said: “As a leading
force in environmental solutions, Dulsco is proud to support initiatives that preserve and
enhance our planet. Following our first mangrove tree planting initiative with our
employees last year, we made this year’s event bigger and better by bringing together our
valued team members and clients across our businesses as one, reinforcing our joint
commitment to creating a better future for our people and the world we live in.

“The EMEG does a wonderful job in protecting marine life at Jebel Ali, and we are delighted
to play our part in enhancing the sanctuary’s natural eco-system and biodiversity.”

Dulsco’s tree planting initiative also included a beach clean-up drive that resulted in
collecting 1,246 kilos of waste, in line with the company’s continued commitment to
protecting the environment and encouraging more green thinking among team members, key
stakeholders and the public.

Emirates

UAE President issues federal decree appointing Under- Secretary of the Ministry of Human Resources and Emiratisation, For Emiratisation

His Highness Sheikh Mohamed bin Zayed Al Nahya ,

the President of UAE, issued a Federal
Decree appointing H.E. Aisha Mohamed Ahmed Belharfia, as Under-
Secretary of the Ministry of Human Resources and Emiratisation, For
Emiratisation. Belharfia served previously as Acting Under-Secretary for Emiratisation
Affairs and Assistant Under-Secretary for Labour Affairs at MOHRE.
She also taken responsibilities related to Labour offices and licenses,
and contributed to the development of laws and legislation regulating
the Labour sector. Belharfia launched various projects and initiatives
aimed at raising the efficiency of the Labour market.