Latest news with #SEDD
Sharjah 24
20-05-2025
- Business
- Sharjah 24
SEDD participates in 'Make it in the Emirates' forum in Abu Dhabi
Showcasing Sharjah's investment environment SEDD's participation is focused on showcasing Sharjah's attractive investment environment, along with initiatives that support national industries and emerging companies. This aligns with the emirate's strategy to enhance competitiveness and attract high-quality investments. Strong investor engagement at the forum Sharjah's platform at the forum drew strong interest from investors, businessmen, and manufacturers. SEDD highlighted key investment opportunities in vital industrial sectors, while also presenting streamlined procedures for business registration and licensing. The department also showcased financial and technical support programs available to both SMEs and large corporations. Participation in strategic dialogues SEDD's delegation took part in dialogue sessions and panel discussions on the future of industry in the UAE. Discussions also explored the role of special economic zones in driving industrial transformation and strengthening local supply chains. Commitment to UAE's Industrial Vision 2030 Hamad Ali Abdulla Al Mahmoud, Chairman of SEDD, emphasised that Sharjah's participation reaffirms its commitment to UAE's Industrial Vision 2030. He highlighted Sharjah's strong industrial infrastructure, flexible legal system, and world-class logistics, positioning the emirate as a preferred destination for industrial investment. Strengthening Sharjah's economic role Al Mahmoud noted that SEDD's involvement in the forum supports the goal of reinforcing Sharjah's position as a key economic and production hub in the region. The forum also serves as a strategic platform for knowledge exchange, investment promotion, and partnership building to boost the national industrial sector. Promoting industrial potential and investor support Khalid Ahmed Al Suwaidi, Director of the Industrial Affairs Department, stressed the importance of showcasing Sharjah's industrial potential and supportive business environment. He noted that the emirate offers economic incentives and advanced infrastructure that appeal to industrial investors. He added that the forum opens new avenues for cooperation and industrial localisation, supporting the National Industrial Strategy and the UAE's long-term economic sustainability goals. 'Make it in the Emirates': A national industrial platform The 'Make it in the Emirates' Forum brings together decision-makers, investors, government entities, and private sector representatives to explore challenges and opportunities in the industrial sector. The forum serves as a hub for innovative solutions, aiming to position the UAE as a global leader in smart manufacturing and industrial investment.
Arabian Business
15-05-2025
- Business
- Arabian Business
Sharjah's economic department introduces AI trade name service, cutting processing time by 98%
Sharjah Economic Development Department (SEDD) launched a trade name issuance service using artificial intelligence (AI), marking a significant step forward in the department's digital transformation journey. The initiative is aimed at improving the service experience for individuals and businesses. The new service represents a fundamental shift in restructuring procedures, reducing the time and effort required to complete transactions through SEDD's various channels. The service will deploy AI technologies to analyse the nature of commercial activity and suggest innovative names that comply with regulatory requirements. The new service will reduce the completion process of trade name issuance by up to 98 per cent, the department said. Hamad Ali Abdullah Al Mahmoud, SEDD Chairman, said the trade name issuance service has been developed to provide a unified and integrated digital experience based on AI and operational flexibility, meeting the aspirations of customers across various sectors. It also enhances the flexibility and efficiency of the emirate's business environment, facilitates the establishment of companies and businesses across various disciplines, and boosts the attractiveness of local and foreign investments in Sharjah, he said.
Sharjah 24
13-05-2025
- Business
- Sharjah 24
SEDD passes periodic review of ISO 9001:2015
Audit results confirm full compliance According to the report issued by the assessing company, the audit results demonstrated that the Department fully complied with the requirements of the administrative system consistent with the aforementioned specification. This reflects its commitment to international quality standards and its obligation to continuous improvement in the levels and mechanisms of service delivery to all customers, in accordance with the highest international standards. Commitment to comprehensive quality policy Also, SEDD works to implement a comprehensive quality policy by setting and continuously reviewing system objectives, ensuring the distribution of its concepts, highlighting best administrative and professional practices, and developing and improving the services it provides in support of its strategic orientations. Statement from Strategic Planning and Performance Department Commenting on this, Dr. Ahmed Ali Al Ali, Deputy Director of Strategic Planning and Performance Department, said that the Department is working to develop the emirate's economy through planning and providing distinguished services using qualified human cadres and advanced technical systems, in accordance with the highest quality standards. He pointed out that passing the periodic review of the ISO 9001:2015 certification came after an intensive evaluation, which aligns with the Department's objectives of working to achieve sustainable economic development and quality in practices. Focus on service development and institutional excellence He added that the Strategic Planning and Performance Department works to the highest standards to achieve SEDD's vision, one of whose key objectives is to develop services provided to customers and strategic partners, and to adopt best practices in procedures, quality systems, and institutional excellence, all with the aim of implementing the approved directives to provide an effective and exceptional environment that keeps pace with global procedures and standards. Confirmation of organisational strength and future vision He also explained that SEDD's continued successive attainment of this important international certification is the result of fulfilling its commitments within its policies to enhance work procedures and consolidate its position as an entity that keeps pace with modern business requirements. Moreover, Al Ali pointed out that this attainment confirms the strength of the Department's organisational structure, ensuring efficient and effective workflow and achieving its strategic objectives, which call for adopting best practices in procedures and quality systems to improve performance and achieve a diversified and organised economy.
Sharjah 24
27-04-2025
- Business
- Sharjah 24
Sharjah Consultative Council discusses economic development
The session was held at the council's headquarters in Sharjah, chaired by His Excellency Dr Abdullah Belhaif Al Nuaimi, Chairman of the Council. Attending were His Excellency Hamad Ali Abdullah Al Mahmoud, Member of the Sharjah Executive Council and Chairman of SEDD, alongside senior officials including His Excellency Fahad Ahmed Al Khamiri, Director of SEDD, Dr Muddathir Abdullah, Legal Adviser, Hamad Omar Al Madfa, Director of Legal Affairs, and Maryam Nasser Al Suwaidi, Director of Registration and Licensing. The session opened with the Secretary-General of the Council, Ahmed Saeed Al Jarwan, presenting the general topic of discussion, highlighting that SEDD was established in 1999 under an Amiri decree by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The creation of SEDD came through the merger of the Economic Department and the Industrial Development Department to promote sustainable economic development and strengthen the business environment. Following this, His Excellency Hamad Ali Abdullah Al Mahmoud delivered a speech expressing gratitude to the council members for their continuous support. He affirmed that SEDD's mission is to develop Sharjah's economy and provide distinguished services to investors, adopting the latest technologies and working towards service innovation and simplification. He reviewed the department's key services and policies, stressing its vital role in supporting economic and investment sectors and ensuring Sharjah remains a leading destination for entrepreneurs and investors. Fourteen council members then engaged in discussions, raising questions and offering suggestions. Topics included proposing incentives and legislation to enhance the sustainability of economic activities and address business leakage from the emirate. Among the key interventions, His Excellency Rashid Abdullah bin Huwaiden highlighted concerns regarding the protection of small and emerging enterprises, especially those supported by the "Ruwad" programme. He pointed to challenges such as high commission rates by digital platforms like "Talabat", and called for regulatory solutions to protect these businesses. Her Excellency Dr Fatima Khalifa Al Moqarrab proposed three pillars for discussion: learning from successful local and international economic models, strategies for helping national companies expand globally under the Comprehensive Economic Partnership Agreements (CEPA), and mitigating the impact of tax systems on the private sector, particularly given the lack of a Federal Tax Authority office in Sharjah. His Excellency Amer Mohammed Al Zarouni discussed the importance of institutional coordination to streamline business procedures, while His Excellency Abdullah Tarish Al Ketbi addressed the need for collaboration with educational institutions to prepare qualified Emirati talent for the labour market. Further questions were raised concerning commercial licensing processes, the use of foreign trade names, compliance with anti-money laundering regulations, and the need to better regulate sectors such as the used car parts trade in Sharjah's industrial areas. Suggestions also included establishing a quality rating system for private sector services, supporting local farmers to enhance food security, facilitating banking services for businesses in sensitive sectors, and implementing policies to ensure balanced economic growth between development and environmental protection. Finally, His Excellency Hamad Ali Abdullah Al Mahmoud and his team presented a positive economic outlook for Sharjah. They reported that SEDD's revenues for 2024 reached AED 1.07 billion, a growth of 11%, with 72,406 active business establishments. Licence issuance and renewals also recorded significant growth rates of 6% and 7% respectively. The session concluded with a note that further discussions would continue in subsequent coverage to present additional interventions by council members.
Sharjah 24
21-04-2025
- Politics
- Sharjah 24
SCC discusses SEDD policies Thursday
The meeting is scheduled for Thursday, 26th of Shawwal 1446 AH, corresponding to April 24, and will begin at 10:00 AM at the Council's headquarters in the city of Sharjah. His Excellency Dr. Abdullah Belhaif Al Nuaimi, Chairman of the Council, will chair it. Agenda The agenda includes the approval of the minutes from the 12th meeting, followed by a discussion on the policies of the SEDD. Attending the meeting will be Hamad Ali Abdullah Al Mahmoud, Chairman of the SEDD, Fahad Ahmed Al Khumairi, Director of the SEDD, along with their assistants from various departments.
