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Sharjah economy drives resilience, boosts business confidence

April 08, 2026 / 3:22 PM
Sharjah economy drives resilience, boosts business confidence
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Sharjah24: Sectoral Business Groups under the Sharjah Chamber of Commerce and Industry (SCCI) have affirmed that the emirate’s economy continues to develop a resilient and sustainable growth model, supported by a comprehensive development strategy and a robust economic framework capable of adapting to global and regional changes.

Strong framework supports business sustainability

The groups emphasised Sharjah’s strategic role in fostering a vibrant business environment through adaptable legislation and advanced logistics infrastructure, which bolster investor confidence and promote growth across key sectors.

They emphasised that business continuity in the emirate is guided by long-term strategies centred on economic diversification, robust public-private partnerships, and ongoing investment in infrastructure and support services.

Food security and supply chain resilience

Mustafa Mohammed Al Hosani, Head of the Foodstuff Trade and Industry Sector Business Group, mentioned that the UAE has prioritised food security by diversifying import sources and adopting advanced agri-tech solutions such as hydroponics, vertical farming, and aquaculture.

He added that advanced logistics, cold chain infrastructure, and strategic reserves have ensured a stable supply, price stability, and market confidence.

Real estate sector maintains stability

Saeed Ghanem Al Suwaidi, Head of the Real Estate Sector Group, emphasised that supportive policies, flexible licensing, and diversified financing channels have ensured continuous project execution and strengthened market stability.

He stated that supply chain flexibility has allowed developers to control costs effectively and stick to project timelines, thereby strengthening investor confidence.

Hospitality adapts with innovation

Fadi Musharafieh, Head of the Hotels Sector Group, stated that the sector has adopted flexible operational strategies centred on cost optimisation, talent development, and digital transformation to improve guest experience.

He observed initiatives promoting domestic tourism and integrated hospitality experiences, enhancing Sharjah’s reputation as a preferred destination.

Legal and industrial sectors strengthen competitiveness

Mohamed Ali Al Hammadi, Head of the Law Firms Sector Group, emphasised advancements in judicial specialisation and innovation, enhancing dispute resolution and broadening services in areas such as digital economy and intellectual property.

Lalu Samuel, Head of the Industries Sector Group, reaffirmed Sharjah’s status as the UAE’s industrial backbone, supported by advanced infrastructure, a strategic location, and strong government backing.

Logistics and services drive continued growth

Khaled Batarfi, Head of the Used Car Trade Sector Group, highlighted the importance of logistics infrastructure and transport networks in sustaining market stability and ensuring operational continuity.

Hesham El-Din Youssef, Head of the Hotel Apartment Sector Group, highlighted improvements in service delivery through digital solutions, flexible options, and enhanced health and safety standards, leading to higher occupancy and greater customer confidence.

April 08, 2026 / 3:22 PM

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