Shurooq showcases Sharjah’s investment opportunities in Germany

SHARJAH, 5th March, 2015 (WAM) -- The Sharjah Investment and Development Authority, Shurooq, has launched a road-show in Stuttgart, the capital of the southwest German state of Baden-Wurttemberg. With the support of the Baden-Wurttemberg International Agency for International Economic and Scientific Cooperation, Shurooq organised the seminar in Stuttgart on 2nd-3rd March, attended by Ahmed Al Qaseer, COO of Shurooq, Elie Jamil Armaly, Director of Business Development at Shurooq and Binu Pisharadi, Commercial Manager at Sharjah Health Authority and Sharjah Healthcare City, bringing attention to the multitude of investment opportunities in Sharjah, particularly in the healthcare sector. As part of the road-show, Shurooq also met with high level members of the Ministry of Finance and Economics of the Baden-Wurttemberg province. Following the road-show, Shurooq will be participating in ITB Berlin, the world’s largest tourism trade fair, which is taking place from 4th-7th March. This will be the eighth consecutive year the Authority is taking part in the business-to-business event, in line with its strategy to promote Sharjah as a leading investment destination, both in the region and the world, at major international events. The road-show in Stuttgart builds upon a growing relationship between Sharjah and Germany. Earlier this year, Shurooq welcomed a German delegation at the Sharjah Chamber of Commerce to explore opportunities for increased cooperation with the healthcare sector of Europe’s largest economy. In 2013, the Authority staged the first Sharjah-German Roundtable, attended by a group of German business leaders and several agencies from Sharjah. Speaking of the road-show, Ahmad Al Qaseer said, "The burgeoning relationship between Sharjah and Germany shows enormous promise. We recently had the privilege of welcoming high-level representatives from across the spectrum of Germany’s healthcare sector, which has an unparalleled reputation and has played an important part in the development of Sharjah’s own healthcare sector. We were delighted to be invited to Stuttgart to showcase the multiplicity of investment opportunities in Sharjah – particularly the opportunities in what is set to become the largest healthcare hub in the UAE. Stuttgart is renowned for its stellar reputation for research and development, as a global hub for scientific, academic, and research organisations. Sharjah is focusing on and developing a burgeoning reputation of its own in these areas." There are more than 1,000 German companies in the UAE, while around 12,000 German nationals also live in the country. The UAE’s Ministry of Economy forecasts that trade between the UAE and Germany could surge to 15 billion Euros over the next few years – an increase of almost 50 percent over 2013. Speaking about the 2015 ITB Berlin exhibition, Ahmed Al Qaseer added, "Shurooq is delighted to once again participate in ITB Berlin, which provides an indispensable opportunity to promote Sharjah and highlight the rapid progress the emirate is making, on a truly international stage. It is a natural fit; the ITB is the largest tourism and trade fair on the planet, while Sharjah’s unique tourist attractions are driving a travel and leisure market which is projected to soar to almost Dh2 billion by the end of the decade. We are also looking to highlight the opportunities available in Sharjah in other key sectors, such as the environment, healthcare, and transport and logistics." – Emirates News Agency, WAM – http://www.wam.ae/en/news/emirates/1395277454206.html