India invested $3.26bn in Sarjah

Vikrant

Gold Member
Apr 20, 2013
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I wonder if they still have Sarjah cricket cup.

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The Sharjah Chamber of Commerce and Industry (SCCI) has announced that the volume of investment of Indian economic enterprises in Sharjah has reached Dh12 billion ($3.26 billion) in 2017, a media report said.

The figures are based on the certificates of origin that are issued by the chamber, which belong to more than 16,500 registered members of the Sharjah Chamber of Commerce and Industry, reported state news agency Wam.

It was further revealed that the total volume of exports and re-exports of these enterprises almost reached Dh771 million by the end of 2017.

The announcements were made during the chamber’s participation in the 2nd edition of the India - UAE Partnership Summit 2018, which was hosted by the Business Leaders Forum; with support from the UAE Ministry of Economy, the strategic partner of the event; and in cooperation with both the Embassy and the Consulate General of India in the UAE.

The summit, which concluded its activities on Wednesday, was held for two days at Atlantis The Palm in Dubai. The event was attended by a number of officials and diplomats from both countries, as well as representatives of financial institutions and sovereign investment funds.

Waleed Abdel Rahman BuKhatir, second vice chairman of SCCI, called on Indian companies and businesspeople to invest in Sharjah and take advantage of the incentives and facilities that are offered by the emirate. He stressed the commitment of Sharjah Chamber in providing all types of cooperation and support to Indian companies and investors that are looking to establish their businesses in Sharjah.

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Middle East Business: Sharjah logs $3.26bn Indian investment in 2017
 

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