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SEDD releases 2020 annual report

July 07, 2021 / 4:52 PM
Sultan bin Hada
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Sharjah 24: Sharjah Economic Development Department (SEDD) released its annual report for the year 2020, which includes the most important developments and events in the economic sectors and the procedures and legislation taken by the Department in all sectors and activities.
The report provides a comprehensive tool for dealers in the economic sectors in Sharjah and informs them of the most important results SEDD has achieved in confirmation of its efforts aimed at achieving its vision of making the Emirate of Sharjah the first economic destination locally and regionally in terms of innovation, confidence and happiness.

In this context, Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, emphasised that these efforts aim to enhance the process of economic growth and prosperity, keep pace with global economic developments, and enhance the development process of the Emirate.

He highlighted Sharjah’s many achievements in 2020 with a balanced and sustainable economic performance, and its efforts to mitigate the economic and social impacts of the pandemic on the economic performance.

From her side, Noura Yousef bin Sandal, Deputy Director of the Planning and Economic Studies Department, said that the issuance of the annual report is an important event that keeps pace with the renaissance witnessed by the emirate, which requires the availability of data, statistics, and analyses for investors and decision-makers. She added that the report also specifies the most important economic indicators in Sharjah with the aim of documenting the economic developments and translating the visions of the Emirate, reflecting the wise directives of His Highness Sheikh Dr. Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, in adopting economic policies that support economic growth and achieve sustainable development, as well as creating the appropriate climate to propel investments in the various productive and service sectors. She pointed out that the annual report confirms that Sharjah has made great strides in the field of economic diversification and has achieved a high level of development and progress.

On the other hand, Shamma Al Nuaimi, Deputy Head of Economic Planning Section at SEDD and project manager of the report, confirmed that the annual report, which was titled “Sustainability during Phase of Challenge”, devoted enough space to track the local economy in general and the economic indicators of the emirate in particular. 
 
July 07, 2021 / 4:52 PM

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