News

Sharjah Assumes Regional Directorship of WAIPA MENA, 2019 – 2021

Wednesday October 9th, 2019

 

In a new global mark of confidence in Sharjah’s economic role, the Sharjah FDI Office (Invest in Sharjah), operating under the Sharjah Investment and Development Authority (Shurooq), has assumed MENA’s regional directorship at the World Association of Investment Promotion Agencies (WAIPA) for a two-year term, until 2021.

The announcement was made at the 24th WAIPA World Investment Conference (WIC) in Poland, today (Monday October 8), and is a recognition of Sharjah’s regional leadership in driving long-term qualitative investments into the UAE.

The emirate’s stature in attracting responsible investment and promoting sustainable growth has solidified significantly, especially in the past decade, driven by the continued leadership and strategic vision of His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah; and His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah.

The Sharjah Investment and Development Authority (Shurooq) affiliate’s win was decided by global consensus expressed through a direct ballot in which votes were cast by all investment agencies and entities who participated in WIC 2019. Through this appointment, Mohammed Juma Al Musharrkh, CEO of Invest in Sharjah, also automatically becomes a member of WAIPA’s Steering Committee.