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Virtual majlis to address impact of UAE’s stimulus package

Virtual majlis to address impact of UAE’s  stimulus package
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Updated 06 May 2020

Virtual majlis to address impact of UAE’s stimulus package

Virtual majlis to address impact of UAE’s  stimulus package

The sixth edition of the Sharjah Economic Ramadan Majlis will get underway on May 13 at 1 p.m. virtually via Zoom platform under the theme “Impact of the UAE Stimulus Plan on Economic Stability and Growth.”
Organized by the Sharjah Investment and Development Authority (Shurooq), in cooperation with the Sharjah Chamber of Commerce and Industry (SCCI) and the Sharjah FDI Office (Invest in Sharjah), the virtual majlis session will highlight the policy and stimulus packages approved by the UAE leadership to support the national economy, ensure business continuity and mitigate the challenges faced by companies due to the outbreak of the coronavirus pandemic.
Convening a host of state sector representatives, ambassadors, businessmen and investors, the majlis will also explore the impact of the stimulus packages in enhancing the confidence of the business leaders and investors in the national economy.
This year’s edition of the Sharjah Economic Ramadan Majlis will focus on four pillars — the economic stimulus package and enhancement of investors’ confidence, lessons learnt from the crisis, vibrant key sectors and creative experiences, and wise vision.
Director-General of the SCCI Mohammad Ahmed Amin Al-Awadi highlighted the importance of the event as an annual occasion to engage in meaningful debate over the nation’s economy and Sharjah’s economy.

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4 pillars of the majlis are the economic stimulus package and enhancement of investors’ confidence, lessons learnt from the crisis, vibrant key sectors and creative experiences, and wise vision.

Al-Awadi added: “This year’s edition of the Sharjah Economic Ramadan Majlis coincides with the recently adopted stimulus package by the federal government and Sharjah government to support the business community and maintain the economic structure. Such incentives strongly reflect the solidness and readiness of our local economy to deal with all changes and circumstances and its ability to develop solutions for business continuation, calling the business community to actively participate in the Sharjah Ramadan Economic Majlis to come up with creative insights to enhance the future of our economy toward further innovation and leadership.”
Mohammed Juma Al Musharrkh, CEO of Invest in Sharjah, said: “The sixth edition of the Sharjah Ramadan Economic Majlis is being convened at an exceptionally challenging time as the coronavirus pandemic has impacted all sectors, including economic and investment segments. For this reason, we are dedicating this edition to discuss the future of business management and the impact of government support and stimulus packages on the stability and attractiveness of the national economy, among others.”