SEDD releases 2023 Annual Report

Sharjah Economic Development Department “SEDD” released its Annual Report of the year 2023 under the slogan “Continuous Giving”. The report included the most important developments and events witnessed by the economic sectors as well as the measures and efforts taken by the Department in all sectors and activities. It aims to provide a comprehensive tool for those dealing with the economic sectors in the emirate, and to introduce them to the most important results achieved, confirming its efforts aimed at achieving balanced and sustainable economic performance, and enhancing business continuity in various fields.

In this context, HE Hamad Ali Abdulla Al Mahmoud, SEDD Chairman said, “The sustainable development trends and economic development plans in Sharjah at various levels enjoy the support of HH Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, who has laid solid foundations for a sustainable economic development model and a diversified competitive economy that makes the emirate a unique one.” HE carried on that this approach is also highly supervised by HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Executive Council, that resulted in making the emirate a home for investment and family entrepreneurship, a global destination for investors from all over the world, businessmen, green economy pioneers, major companies leading the industries of the future, and a incubator for investment in innovation, education, culture and tourism. In addition, the sustainable development efforts have resulted in having Sharjah obtaining the fifth level globally in 2023 among the top ten fastest growing cities in attracting foreign direct investment flows and attracting new quality projects.