THE BUSINESS YEAR: SHARJAH 2015 LAUNCHES

The Business Year, in partnership with the Sharjah Economic Development Department (SEDD), launched its first edition on Sharjah's economy, The Business Year: Sharjah 2015, on November 18th, 2015, at the Sharjah Economic Development Department headquarters in Sharjah, UAE.

The publication covers around 100 interviews with top executives and government officials. Some examples include His Highness Sheikh Sultan bin Muhammad Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah; HE Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Shurooq; HE Sheikh Mohammed bin Saud Sultan Al Qasimi, Chairman of the Sharjah Finance Department; and HE Hana Saif Al Suwaidi, Chairperson of the Sharjah Environment and Protected Areas Authority.

The Guest of Honor at the event, His Excellency Sultan Abdullah bin Hadda Al Suwaidi, Chairman of the Sharjah Economic Development Department, said, “Such an achievement and work is a one that represents, clearly, the cooperation between the public and private sectors, especially the government entities which responded immediately to our request to provide all the needed information for The Business Year. It is worth mentioning that Sharjah has a long tradition of strong economic potential; it is known to have the first and the oldest ports in the Gulf region, the first airport, the oldest schools, roads, and energy stations, as well as the largest and oldest industrial area in the Gulf, dating back to the 1970s.”

Ayşe Valentin, CEO of The Business Year, said: “We are excited to launch our inaugural publication on Sharjah's economy. It is our privilege to report on the Emirate, at a time when the economic strengths are being fine-tuned, coupled with increased diversification. We are fortunate to have had the full support of the Sharjah Economic Development Department, who have facilitated the best possible production of our annual economic overview.”

The event featured a panel discussion featuring: Mr. Ahmed Saif Binsaed Al Suwaidi, Deputy Head of Public Relations Section, Sharjah Economic Development Department; Mr. Saud Salim Al Mazrouei, Director of the Hamriyah Free Zone Authority & Sharjah Airport International Free Zone Authority (SAIF); and Mr. Jassem Al Baloushi, Head of Organizational Excellence, Sharjah Islamic Bank. Mr. Leland Rice, Managing Editor of The Business Year, moderated the discussion. Talking points of the Round Table included the strengths and challenges of Sharjah's increasingly diversified economy, how Sharjah has leveraged its geography to become the region's manufacturing hub, and the outlook for Sharjah's medium-term economic future.

The publication focuses on key issues surrounding Sharjah's economic development. Sharjah has become an important part of the UAE, carving out a niche for itself in a number of areas. From its competitive free zones and industrial matrix to buzzing tourism scene and green idealism, the Emirate is increasingly finding itself on the lips of executives across the world as a valid investment destination in the region.

Betül Çakaloğlu, Regional Director of The Business Year, spoke of the importance of The Business Year's research in Sharjah: “After the success of the first edition of The Business Year: Sharjah, TBY is eager to continue in partnership with the Sharjah Economic Development Department. The Department's guidance and expertise has been crucial to the development of this platform for investors and businessmen worldwide, and we hope to maintain this collaboration as we continue to highlight Sharjah's growing potential to an international audience.”

The Business Year: Sharjah 2015 will reach a global audience of 97,700 readers via its printed version, while a wider audience will be able to access it through TBY's iPad, iPhone, and Android applications. The interviews are structured around chapters covering the main sectors of the economy, including finance, energy and industry, telecoms and IT, transport and logistics, maritime, construction and real estate, health, education, and tourism. TBY's research articles provide the reader with vital facts and figures—at both the macroeconomic and microeconomic levels—highlighting specific projects, investments, and opportunities.