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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.

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Emirates

Dubai’s Department of Economy and Tourism launches ‘QR Code’ initiative for Holiday Homes in Dubai

DUBAI, 29th May, 2023 (WAM) — Dubai’s Department of Economy and Tourism (DET) today announced the launch of a new QR Code initiative for Holiday Homes in Dubai, as part of efforts to improve transparency and increase confidence among investors and visitors in the short-term rental market.
Launched as part of Dubai's commitment to supporting the continuous growth of the hospitality industry, the initiative is closely aligned with the goals of the Dubai Economic Agenda (D33) to further consolidate Dubai's position as one of the top three global cities.

Additionally, the initiative is in line with Dubai's digital transformation strategy, which seeks to establish the emirate as a leading global smart city.
As part of the initiative, owners of Holiday Homes will now be required to display a QR code on the main entrances of their vacation properties in Dubai.

This code enables visitors and guests to conveniently scan it and access essential information about the operator of the Holiday Home and the relevant contact details for DET.

The initiative will also facilitate oversight and inspections conducted by the Dubai Corporation for Consumer Protection and Fair Trade, part of DET, ensuring strict compliance with procedures.
DET’s Dubai Business License Corporation will oversee the implementation of the QR Code project, which will further enhance the city’s diverse hospitality infrastructure catering to the varied preferences and budgets of international travellers.
Shaikha Al Mutawa, Director of Hospitality Affairs Department at Dubai’s Department of Economy & Tourism (DET) said: “As we continue to navigate the ever-changing landscape of the tourism industry, we recognise the importance of innovation and technology in further bolstering Dubai’s image as a must-visit destination. To ensure the effective governance of the Holiday Homes segment, we are introducing QR codes, as a part of the ongoing digital transformation process across customer and visitor touchpoints in the city. It is also a testament to our commitment to providing exceptional experiences for our guests in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai the best city to visit, live in and work. We are also continuously taking steps to offer flexible and multiple options year-round in the short-term rental market, thereby strengthening confidence among investors and potential guests.”
According to DET data, the Holiday Homes segment has registered excellent growth, reaching 21,132 units (+45.5% YoY), with 32,794 rooms (+40.7 % YoY) by the end of March 2023, compared to the same period in 2022 (14,518 units and 23,299 rooms). Additionally, Holiday Homes hosted 137,144 guests in Q1 2023.
Dubai’s Holiday Homes features a diverse range of residential units, including studios, apartments, and villas in gated communities, as well as properties in farms located in the Hatta area, providing privacy and ample space for families as well as a unique vacation opportunity for guests that transcends traditional hospitality experiences.
The Dubai Business Licence Corporation (DBLC) offers licences and permits for licensed establishments to manage and document their activities based on the Holiday Homes classification system.

Dubai’s Holiday Homes market undergoes a rigorous classification process, periodically categorised into tourist and luxury units and villas, based on the conditions set by DET, which conducts inspections to ensure that the units meet the approved classification criteria.

Detailed information can be found by accessing a guide for operating vacation homes, available on DET’s website for Holiday Homes at https://hh.dtcm.gov.ae/holidayhomes/Welcome.aspx.

The guide is updated regularly to align with updates in the sector and as per the needs of stakeholders.
The Department also addresses complaints and disputes, offering solutions in a timely manner via ecomplaints@dubaitourism.ae. Non-compliance with the Holiday Home standards, rules and requirements will result in warnings for violators, and if there is any recurrence in violations it could lead to the imposition of penalties on the operator. The Department will also not issue a classification certificate to the Holiday Homes property unless all specified conditions, specifications, requirements, and technical equipment are met.

For updates, procedures, and instructions on Holiday Homes, visit https://www.dubaitourism.gov.ae/en/legislative-news/holiday-homes-regulation-guide-2022

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Emirates

Over 1,000 CEOs joined path to reducing global emissions: Razan Al Mubarak

ABU DHABI, 29th May, 2023 (WAM) — Razan Al Mubarak, UN Climate Change High-Level Champion for COP28 and president of the International Union for Conservation of Nature (IUCN), highlighted the UAE’s keenness to launch more positive and ambitious initiatives and engage with all relevant parties, as the world needs tangible solutions to address climate challenges.
In an interview with the Emirates News Agency (WAM), Al Mubarak revealed that more than 1,000 private sector executives and members of the Dubai Chamber had joined the path towards reducing global emissions by half by 2030 and reaching zero emissions by 2050.
She also called on more institutions to continue their diligent efforts and raise their ambitions and commitment to remove carbon and adopt environmentally-friendly measures to combat climate change, stressing the need to listen to everyone's opinions so that they can play an active and engaged role in the path to COP28 and beyond.
The event, titled “Road to COP28: Driving Collective Climate Action in the UAE,” provided an opportunity for all local stakeholders and non-governmental actors to learn more about COP28’s climate leadership roles and presidency, including international climate initiatives, such as “Race to Zero” and “Race to Resilience,” in addition to the UAE Alliance for Climate Action.

The event coincided with the UAE's preparations to host COP28.

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Emirates

Sharjah Ruler promotes 8 Emiri Guard officers

SHARJAH, 29th May, 2023 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree regarding the promotion of 8 Emiri Guard officers.
The decree stipulated the promotion of 8 officers to the ranks following their current ones, and they are:

1. Lieutenant Colonel Saeed Hareb Saeed Salem Al Manthari, Director General of the General Administration of Reinforcement, to Colonel.

2. Lieutenant Colonel Omar Mohammed Obaid Al Naboodah, Deputy Director General of the General Department of Protection and Insurance, to Colonel.

3. Lieutenant Colonel Ali Hamad Ali Al Muzaini, Deputy Director General of the General Administration of Reinforcement, to Colonel.

4. Lieutenant Colonel Khamis Salem Al Bass Al Suwaidi, Director of Operations Department, to Colonel.

5. Lieutenant Colonel Abdulrahman Ali Salem Al Shamsi, Director of the Palaces and Facilities Security Department, to Colonel.

6. Lieutenant Colonel Abdulrahman Mohammed bin Ashour, Director of the Resources and Support Services Department, to Colonel.

7. Major Abdulrahman Saeed Mohammed Al Shamsi, Director of the VIP Protection Department, to Lieutenant Colonel.

8. Major Mohammad Abdullah Saeed Khamis Al Suwaidi, Deputy Director of the Palaces and Facilities Security Department, to Lieutenant Colonel.

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