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SHARJAH / WAM
Business and trade activities and events have played a major role in leading the UAE regionally and globally in more than 10 sub-indicators in the doing business report and being a regional hub for more than 24 percent of the world’s 500 largest companies, said Hamid Mohammed bin Salem, Secretary-General of Federation of UAE Chambers of Commerce and Industry.
In an exclusive interview with the Emirates News Agency (WAM), bin Salem said that the activities carried out by the General Secretariat of the Federation have contributed to providing job opportunities, increasing exports, and growing of productive and service sectors in the national economy during the past years.
“For over 42 years, the General Secretariat has pursued the policy of developing the Federation to enable it to fulfil its ambitions and aspirations through a series of initiatives,†he said, stressing that the General Secretariat achievements in 2018 are in total worthy of appreciation.
The annual report of the General Secretariat included a detailed presentation on its activities and achievements in developing various economic sectors such as trade, industry, tourism, real estate, and capital markets.
It also covered other topics that dealt with the Federation’s support to member cha-mbers, the government sector, and the development of the investment climate in the country.
The report indicated that the number of meetings held by the General Secretariat from the beginning of January until the end of December 2018 reached 17 meetings, during which the Secretariat examined the challenges facing the private sector and commercial sectors.
In 2018, the UAE Chambers of Commerce and Industry held more than 26 events attended by over 789 local and international delegates, resulting positively on the country’s business sector.
The Chamber was able to increase its members in 2018 by 5 percent compared to previous year while retaining the membership of 95 per cent of former members, the report concluded.