SCCI's study to enhance Sharjah competitiveness

The Sharjah Chamber of Commerce and Industry (SCCI) recently launched a competitive study within the emirate following the release of the results of the "Business Activities Report" conducted by the World Bank and the International Monetary Fund.

The report ranked the UAE eighth in the world in terms of property registration and fourth in terms of ease of tax and electronic payments.

The Business Activities Report outlined the results of a study on the regulatory environment governing business activities – intended to help countries develop their business potential and thus increase their investment opportunities. It explored the ease of work within private businesses, the regulatory standards followed by government procedures, reforms, and best international practices that met the highest standards of quality and excellence.

Hussein Al Mahmoudi, Director-General, SCCI, said, "This study reflects our commitment to enhancing our competitiveness and achieving excellence in various business sectors. The chamber plans to further develop the business community by re-evaluating its strategies and methodologies in the management of business and industrial activities within the emirate. We will base this on the results of global studies and research on the integration of sustainable development within the regulatory environment of the business community."

SCCI has been adopting several strategies to increase competitiveness throughout Sharjah and enhance the emirate's image as a vital economic hub. These include the establishment of the Business Council for Sustainable Development UAE; the promotion of partnerships between the private and public sectors; improved business support in terms of operation, innovation and growth; and the adoption of the best economic, environmental and social practices.

SCCI also recently launched a development strategy for small and medium enterprises (SME) in Sharjah to provide a platform for these organisations to actively participate in national investment and development objectives. ˚

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