The Sharjah Chamber of Commerce & Industry (SCCI) has successfully managed to enhance its role as a representative and voice of the business community and the private sector to overcome the challenges they face in light of the global changes and developments due to the spread of the new coronavirus (Covid-19).

 

The SCCI’s actions have been taken in coordination with the Sharjah Executive Council, the relevant government agencies, and the chamber’s strategic partners from the private sector.

 

This is in addition to the vital role of the SCCI’s sectoral business groups in communicating with the various economic sectors to identify their needs and raise them to the concerned departments to come up with effective initiatives and incentives helping them continue their business.

 

The recently-approved stimulus package by the Sharjah government to support the government and private sectors, business sectors and businessmen comprises seven initiatives from the SCCI.  

 

This includes exempting tenants of the buildings (1 and 2) of the SCCI of rental for a period of three months as of April 1; exempting tenants of Expo Centre Sharjah’s building from rental for three months; a 30 percent discount to members of the SCCI to participate in Expo Sharjah exhibitions for the year 2020/2021; 50 per cent discount for shops, commercial centers and central markets participating in the marketing campaigns organised by the SCCI for the year 2020; exempting the participants in the permanent national industries exhibition from rental fees for a period of three months; exempting participating stores from the Central and Eastern Regions (Al Dhaid - Kalba - Khorfakkan - Dibba) from participation fees in the marketing campaigns organised by the SCCI for the year 2020; and exempting employees of small and medium enterprises (SMEs) in 101 Trade Centre from the rental fees until the end of 2020.

 

Mohammad Ahmed Amin Al-Awadi, SCCI’s Director-General, said: “The SCCI has communicated the needs and demands of the emirate’s business community to the relevant bodies, the matter which led to a stimulus package for the benefit of the public interest and the business community in Sharjah, thanks to the rapid response of Sharjah government under the guidance of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the UAE Supreme Council and Ruler of Sharjah and the relentless follow up of His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah.”

 

A number of the heads of sectoral business groups and businessmen and SCCI members underlined that the stimulus package announced by the Sharjah Executive Council is an important message that all the support and priority are given to the commercial and industrial companies, stressing that such initiatives will have a positive impact on the different business sectors and they will enhance the confidence of investors and companies. – TradeArabia News Service