Sharjah free zones to support new initiatives
Businesses urged to innovate
dubai — Indian businessmen are the smartest in the world, they are aggressive, confident and creative, all of which are critical attributes for the success of any business, said Saud Salim Al Mazrouei, director of the Hamriyah Free Zone and Saif Zone.
He was speaking at the inaugural session of the 33rd Annual International Conference of ICAI Dubai Chapter, that featured celebrated speakers from India and the UAE. Al Mazrouei promised preferential treatment to chartered accountants in setting up new businesses in the Sharjah free zones and said that the authorities are committed to supporting Indian businessmen.
There are 13,000 companies based on the two free zones in Sharjah and more than 50 per cent of these companies are from India or owned by Indians. Hamriyah Free Zone, the principal sponsor of the event, is set to unveil some key initiatives that will boost the emirate’s business and economy, he further added.
While addressing a gathering of over 1200 attendees, he said: “This year’s theme ‘Powering the Business, Leading with Dynamism’ rightly reflects the motto that seems to have been adopted by the body in the past 32 years, seeing the wonderful job that you have done here, because successfully managing a constantly growing organisation for the past three decades is indeed an extraordinary achievement.” dubai — The Mohammed Bin Rashid Al Maktoum Business Innovation Award, which aims to make the UAE one of the most innovative countries in the world in the next six years, will inculcate a culture of innovation in the business community, according to top government officials.
Hamad Buamim, president and CEO, Dubai Chamber, stated that the launch of the Mohammed bin Rashid Al Maktoum Business Innovation Award within the Mohammed bin Rashid Al Maktoum Business Award means a lot to the business community as this distinct initiative is considered one of its kind honour to recognise innovative companies and is seen as a stimulus to encourage the private sector to adopt innovation for success in their organisations.