Page 7 - Al Tijarah - September 2021
P. 7

30,991 business licenses issued and renewed

                              in Sharjah during the first half


         Indicators of economic development in                                                                  50
         Sharjah achieved remarkable growth in
         the first half of 2021, according to the data
         of the Sharjah  Economic Development
         Department (SEDD), as the total number
         of business licenses issued and renewed
         during the first half of this year reached
         30,991 licenses, registering 14% growth
         as  compared to the same period of the                                                                 SHARJAH ACTIVITIES
         years 2019 and 2020.


         The report issued by the department
         showed that the business licenses issued
         during the first half amounted to 3,525
         licenses, and the number of renewed   Chairman of SEDD said that the data   the Department relies to study the
         licenses increased to 27,466 licenses,   released by the Department indicate   economic situation in the emirate.
         recording 10% growth in comparison   a significant increase in the investment
         with the same period of 2019 and 2020.  activities, especially in the issued licenses,   For his part, Fahad Al Khamiri, Director
                                            which reflect the sustainable growth of   of Registration and Licensing Section at
         The data revealed that commercial   the economy of the Emirate of Sharjah.  the Department, said that the growth
         licenses topped others in terms of                                   of business licenses during the first half
         distribution by type of issued and   Al Suwaidi explained that the department   of this year confirms the strength of the
         renewed licenses, reaching 19,960   is working to simplify services to facilitate   local economy and the attractiveness
         licenses issued and renewed during  the   business registration procedures for   of the  investment environment in
         first half of 2021. These are followed by   issuing licenses and providing greater   the emirate. He added that the
         professional licenses with 9,587 licenses,   flexibility for investors and customers,   Department’s initiatives during the last
         then industrial licenses with 1,231   especially  in  light  of  the  current   period contributed to promoting the
         licenses, Etimad licenses ranked fourth   circumstances, which allows them to   growth of business and attracting more
         with 376 licenses, and electronic trading   establish their businesses within a short   investments, pointing out these figures
         licenses came fifth with 107 licenses.  period of time. He pointed out that   reflect the business sectors’ confidence in
                                            the issuance of these data is one of the   the investment opportunities available in
         Sultan Abdullah bin Hadda Al Suwaidi,   important economic indicators on which   Sharjah.

                    Sharjah Innovation launches initiative to

                                encourage women to invest


         The Sharjah Research, Technology   entrepreneurs expand their business   by Sharjah Research, Technology and
         and Innovation Park (SRTI Park) has   or register their start-ups at Sharjah   Innovation Park, by creating a package for
         launched a special package for  women   Innovation Park and enjoy the benefits of   innovative businesswomen  to establish
         entrepreneurs and innovators to register   the special support system for innovative   companies in  various  technical sectors,
         their  companies  in the  fastest  growing   projects and ideas.     enabling women to obtain a business
         areas and  innovative  and  technology                               license to engage in investment activities
         parks in the region, for 750 dirhams per   The launch of  the “Always ladies first”   and  enter  the world  of  innovative and
         month. The purpose is to enable women   package was announced  as an  initiative   technical business for  a small fee. This
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