Page 348 - MOE ENGLISH PR REPORT - MARCH 2025

3/18/25, 1:33 PM Sharjah Ramadan Majlis discusses ways to develop economy
The main focus of the Ramadan Majlis was on devising strategies to enhance the

manufacturing sector by examining opportunities and challenges through an open

discussion with leading figures. These efforts, while spotlighting exemplary models

and success stories, reinforce Sharjah's expanding influence within the regional and

global industrial arena, and the emirate currently accounts for 35% of the UAE's

total industrial output, underscoring its status in driving national industrial growth

and competitiveness.

Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade

discussed the significant economic status the UAE has achieved globally,

highlighting the country's comprehensive network of partnerships, agreements, and

cooperation protocols across various sectors, stating, "The CEPA agreements are

opening new doors for manufacturers in Sharjah, making trade an even more

significant driver of our economy. As we connect our markets to emerging

economies in India, Southeast Asia, Africa, and South America, for example, we are

greatly expanding our reach and actively shaping a strong global trade system.

We're already witnessing a surge of global interest in Sharjah, as it continues to

attract businesses from around the world, and by leveraging these agreements, our

manufacturers can tap into new markets, diversify their export portfolio, and

position themselves at the forefront of global trade."

On behalf of Sharjah's Economic Integration Committee, Sheikh Fahim Al Qasimi,

who leads the committee, said: "Sharjah's economy is doing incredibly well and is

evolving at an impressive pace, with our GDP now over AED 145 billion,

surpassing the global average by 3.5%. We're immensely proud of the businesses

that have found their home in Sharjah, especially those in the private sector, that

have been the backbone of our economy for over a decade, and there is a reason

why global giants such as Halliburton and Amazon have shown their confidence by

investing in our emirate. Our primary mission is to ensure greater integration and

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