Page 5 - Al Tijarah - July 2019
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this fiscal year, the survey report will offer   chairman of DSCD, said: "This survey will   relevant to  the UAE and  the region,
         local and global investors fresh insight into   provide latest statistical data in accordance   as Sharjah is one of the main drivers of
         the opportunities and challenges unique   with  the  highest  international standards   the  local economy. The  comprehensive
         to each sector in the emirate of Sharjah,   aims,  identifying new and emerging   nature of the survey - covering all major
         and allow them to better determine their   challenges faced by all the sectors this study   sectors of  our  economy - will lead to
         areas of interest.                 will cover. A statistical analysis of real-time   findings, which  will  be key to assessing   48
                                            data collected from a city's or country's   future investment prospects."
         This  new survey follows from the   economic sector is a key methodology
         one  DSCD  carried out  in  2018, with   to measure  their overall economic   In order to maximise the survey's scope
         12 specific goals laid out including   performance and growth. Through these   and encourage larger participation, DSCD
         touchpoints like GDP, salaries of male and   annual surveys, DSCD furthers its mission   has briefed the project's researchers
         female workers, and income of numerous   to offer governments  and investors a   to distribute questionnaires to around
         markets  classified  under sectors, areas   clear understanding of Sharjah's year-on-  1,500 small and medium establishments
         and regions in Sharjah. All these factors   year growth comparison, and  an insight   (SMEs) situated beyond the parameters   SHARJAH ACTIVITIES
         were measured in the data they collected   into key variables  driving the  emirate's   of the areas designated for this survey.
         from 3,511 establishments, and used the   diversification process,  in view of more   The Sharjah Department of Statistics
         UN-approved survey methodology of the   recent market variables  that  come  into   and Community Development also
         2008 System of National Accounts (SNA   play  owing to changing business  trends   partnered with the administrations of
         2008) to process and present its findings.  and global annual business performance."  the free zones to send official requests
                                                                              to all free zone companies to participate
         Sheikh Mohammed bin Humaid Al Qasimi,   Al Qasimi added: "The project is equally   in the survey.

          SEDD signs a MoU with the Sharjah Research,

                         Technology and Innovation Park

         Sharjah   Economic   Development
         Department  (SEDD)   and  Sharjah
         Research,  Technology and Innovation
         (SRTI) Park emphasized  the importance
         of developing and enhancing mutual
         cooperation  between the two parties
         especially in the fields of water technology,
         logistics,  multi-technology,  electronic
         numbering, environmental technology,
         production  and architecture design. The
         MoU was signed by Sultan Abdullah bin
         Hadda Al Suwaidi,  Chairman  of SEDD,   develop and modernize all the sections   Officer of SRTI Park, emphasized that the
         and Hussein  Mohammed  Al  Mahmoudi,   of the department, in line with the wise   signing of the memorandum is an important
         Chief Executive Officer of SRTI Park.  directives of  His Highness  Sheikh Dr.   achievement to unify the mutual efforts
                                            Sultan bin Mohamed Al Qasimi, Supreme   and attain the ultimate goal of enhancing
         Sultan Abdullah bin Hadda Al Suwaidi,   Council  Member and  Ruler of  Sharjah,   investment services to promote the global
         Chairman of  (SEDD), praised the   and the  follow up of HH Sheikh Sultan   competitiveness of Sharjah according to the
         continuous  communication  between  bin Muhammed bin Sultan Al Qasimi,   wise directives of His Highness Sheikh Dr.
         the two parties and their significant role   Crown Prince, Deputy  Ruler of Sharjah   Sultan bin Mohamed Al Qasimi, Supreme
         in serving the public in general and the   and Chairman of the Executive Council.  .   Council Member and Ruler of Sharjah, to
         investment  and economic activities  in                              activate the partnership and integration
         particular. He shed light on the efforts to   Hussain Al Mahmoudi, Chief Executive   between the various parties.
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