In numerous high priority industries, the Sharjah FDI Office, Invest in Sharjah, a subsidiary of the Sharjah Investment and Development Authority (Shurooq), expects to see an increase in investments from Hungary.
Following a high-profile networking event with members of the Hungarian and Budapest Chamber of Commerce and Industry in Budapest, organized by Invest in Sharjah, Wam claimed that there are chances for greater commercial and investment partnerships.
The “Sharjah Business Day in Hungary” event was hosted at the Matild Palace in the Hungarian capital. The event aimed to promote investment prospects in cutting-edge industries and highlight the variety of services and amenities provided by various governmental agencies in the emirate.
The head of Sharjah’s Department of Government Relations, Sheikh Fahim Al Qasimi, led the high-level delegation to the Budapest meeting.
Budapest’s business community has been more interested in making investments in Sharjah.
The group also organized a panel discussion under the title “Investment Opportunities in Sharjah” to boost trade and economic cooperation between the two nations’ business communities.
Along with concentrating on Sharjah’s varied economy, competitive advantages, and fundamental capabilities in several areas, the debate also emphasized how simple it is to conduct business there.
In addition to discussing the emirate’s easy access to international markets, the panelists at the discussion provided further details on the spectrum of services available to encourage long-term foreign investment in the region.