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SEDD launches ‘Instant Licence' service
SEDD launches ‘Instant Licence' service

Sharjah 24

time5 hours ago

  • Business
  • Sharjah 24

SEDD launches ‘Instant Licence' service

This service was launched after obtaining the approval from the Sharjah Executive Council with the aim of enabling investors and entrepreneurs to issue a commercial licence immediately without the need to attach the Memorandum of Association or a signed lease contract in the first year. Additionally, this licence enables investors to conduct their business immediately, with the aim of speeding up and reducing procedures, shortening the customer journey, and increasing economic growth rates in Sharjah. Thus, SEDD started to issue the 'Instant Licence' which can be obtained in one working day. The service covers all office activities that do not require approvals from other authorities, with a maximum of three employees allowed per licence. It is a type of licence granted without the need for the procedures and requirements required for regular licences. The service helps investors to run their activities or businesses in the first year, and then fulfills the special licensing requirements in the second year. Also, it targets new investors and economic establishments seeking to expand into specific types of activities and contributes to increasing the competitiveness of Sharjah. Through the "Instant Licence" service, SEDD seeks to enable companies to fully benefit from the competitive advantages offered by the emirate and to stimulate the business environment. SEDD is the government entity entrusted with regulating economic activity in the emirate and supporting the process of economic diversification, sustainable growth, and competitiveness. Thus, the Economic Department in Sharjah focuses on facilitating business operations, which contributes to anticipating and creating a better future, developing the investment environment, enhancing the attractiveness of strategic economic sectors, and providing high-quality services in accordance with the highest international standards. Commenting on this, Hamad Ali Abdalla Al Mahmoud, SEDD Chairman, stated that the Department works continuously to develop a legislative and regulatory environment to enhance business growth and support its continuity and sustainability in accordance with international best practices. Such a thing falls within the wise directives of His Highness Sheikh Dr. Sultan bin Mohammed bin Sultan Al Qasimi, Supreme Council Member and Ruler of Sharjah and the pursuit of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Executive Council. He clarified that this will enhance the growth of Sharjah's economy and support its competitiveness regionally and globally. Moreover, SEDD Chairman proclaimed that the 'Instant Licence' service is part of the Department's Strategy, which aims to support economic diversification and sustainable growth in the emirate. It also contributes to supporting investors by facilitating the ease and speed of establishing their businesses. This reflects Sharjah's commitment to the continuous development of the business system and consolidating the emirate's position as a global investment hub.

SEDD launches ‘Instant Licence' service
SEDD launches ‘Instant Licence' service

Dubai Eye

time6 hours ago

  • Business
  • Dubai Eye

SEDD launches ‘Instant Licence' service

Sharjah Economic Development Department (SEDD) has launched an 'Instant Licence' service in order to promote investments and attract investors to the Emirate. This service was launched after obtaining the approval from the Sharjah Executive Council with the aim of enabling investors and entrepreneurs to issue a commercial licence immediately without the need to attach the Memorandum of Association or a signed lease contract in the first year. Additionally, the licence enables investors to conduct their business immediately, with the aim of speeding up and reducing procedures, shortening the customer journey, and increasing economic growth rates in Sharjah. The service covers all office activities that do not require approvals from other authorities, with a maximum of three employees allowed per licence. It helps investors to run their activities or businesses in the first year, and then fulfills the special licensing requirements in the second year. Also, it targets new investors and economic establishments seeking to expand into specific types of activities and contributes to increasing the competitiveness of Sharjah. Through the "Instant Licence" service, SEDD seeks to enable companies to fully benefit from the competitive advantages offered by the emirate and to stimulate the business environment. SEDD is the government entity entrusted with regulating economic activity in the emirate and supporting the process of economic diversification, sustainable growth, and competitiveness. Thus, the Economic Department in Sharjah focuses on facilitating business operations, which contributes to anticipating and creating a better future, developing the investment environment, enhancing the attractiveness of strategic economic sectors, and providing high-quality services in accordance with the highest international standards. Commenting on this, Hamad Ali Abdalla Al Mahmoud, SEDD Chairman, stated that the Department works continuously to develop a legislative and regulatory environment to enhance business growth and support its continuity and sustainability in accordance with international best practices. Such a thing falls within the wise directives of His Highness Sheikh Dr. Sultan bin Mohammed bin Sultan Al Qasimi, Supreme Council Member and Ruler of Sharjah and the pursuit of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Executive Council. He clarified that this will enhance the growth of Sharjah's economy and support its competitiveness regionally and globally. Moreover, SEDD Chairman proclaimed that the 'Instant Licence' service is part of the Department's Strategy, which aims to support economic diversification and sustainable growth in the emirate. It also contributes to supporting investors by facilitating the ease and speed of establishing their businesses. This reflects Sharjah's commitment to the continuous development of the business system and consolidating the emirate's position as a global investment hub.

SEC reviews 2024 Endowment Trusts Account Report
SEC reviews 2024 Endowment Trusts Account Report

Sharjah 24

time10-06-2025

  • Business
  • Sharjah 24

SEC reviews 2024 Endowment Trusts Account Report

His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), chaired the Council meeting, on Tuesday. The meeting was held at the Sharjah Ruler's Office, in the presence of His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the Sharjah Executive Council (SEC). Discussion of Governmental Performance and Public Service Delivery The Council discussed several topics related to monitoring the performance of government departments and implementing the plans and public policies of the Emirate of Sharjah, aiming to provide the best services to communities across various sectors. Review of Sharjah Museums' Services The Council reviewed a report on the services provided by Sharjah museums to visitors across the cities and regions of the Emirate. The report detailed how the museums operate in conveying and documenting historical, cultural, heritage, artistic, and Islamic information, in addition to offering an educational and entertaining experience targeting all age groups from children to adults. Annual Report on Endowment Trust Account for 2024 The Council examined the annual report for the Endowment Trust Account for the year 2024, highlighting the most notable achievements and initiatives carried out. The report showed growth in assets, revenues, and donations to various endowment projects, alongside the completion of a number of endowment projects that reinforced the position of endowment as a sustainable developmental tool. Key Figures and Statistics from the Report The Council was introduced to key figures and statistics from the report, including the income statement for the endowment trust account, the income statement for wills and endowment deeds, endowment projects implemented during 2024, endowment assets, the entities benefiting from endowment implementation inside and outside the country, and endowment investment.

Sharjah Chamber to honour Sharjah Excellence Award winners on June 25
Sharjah Chamber to honour Sharjah Excellence Award winners on June 25

Gulf Today

time08-06-2025

  • Business
  • Gulf Today

Sharjah Chamber to honour Sharjah Excellence Award winners on June 25

The Sharjah Excellence Award (SEA)'s Board of Trustees has announced that the closing ceremony to honour the winners of the award's 2024 edition will take place on 25th June. The award is organised by the Sharjah Chamber of Commerce and Industry (SCCI) under the patronage of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah. The board also commended the notable growth in participation for this year's edition of the award. The announcement was made during the regular meeting of SEA's Board of Trustees, chaired by Abdallah Sultan Al Owais, Chairman of SCCI and Chairman of the Board of Trustees of the Sharjah Excellence Award. The meeting was attended by Hamad Ali Al Mahmoud, Chairman of the Sharjah Economic Development Department (SEDD); Khalid Jasim Al Midfa, Chairman of the Sharjah Commerce and Tourism Development Authority (SCTDA); Waleed AbdelRahman BuKhatir, Second Vice Chairman of SCCI; Mohamed Ahmed Mohamed Al Shehhi, SCCI's Board Member; Najla Ahmed Al Midfa, Vice Chairperson of the Sharjah Entrepreneurship Centre (Sheraa); Mohammad Ahmed Amin Al-Awadi, Director-General of SCCI; Dr. Salah Taher Al Haj, Deputy Chancellor of the University of Sharjah for Community Affairs; and Lalu Samuel, Managing Director of Pierlite Middle East Sharjah. During the meeting, SEA's Board of Trustees approved an extension of the registration deadline for the award's 2025 edition to 31st January 2026. Discussions included key proposals, most notably the potential launch of a new category titled 'Best Service Entity'. The Board also underscored the importance of collaboration and knowledge exchange with prominent excellence awards across the UAE. Abdallah Sultan Al Owais opened the meeting by welcoming the attendees and praising the efforts and achievements of the Sharjah Excellence Award's team. He affirmed the Sharjah Chamber's ongoing commitment to enhancing the award's impact as a strategic platform for promoting excellence and innovation across the business sector. This initiative aligns with Sharjah's integrated development strategy, which prioritises quality, innovation, and institutional excellence in building a competitive and sustainable knowledge-based economy. Al Owais further underlined the award's role as a catalyst for advancing corporate performance standards and actively contributing to the ambitious development path of Sharjah and the UAE. Nada Al-Hajri, General Coordinator of the Sharjah Excellence Award, stated that the meeting produced key outcomes that will define the award's upcoming phase. Among them is the decision to extend the registration deadline for the next cycle to 31st January, 2026, allowing greater participation from private sector institutions. SEA's Board of Trustees also recommended evaluating the introduction of a new category under the title 'Sharjah Award for Best Service Entity'. Al-Hajri further noted that the meeting discussed several development proposals aimed at enhancing the award's appeal and expanding its outreach impact, including a suggestion to allow participation from companies operating across all emirates of the UAE. WAM

Sharjah Ruler continues receiving Eid Al Adha well-wishers
Sharjah Ruler continues receiving Eid Al Adha well-wishers

Al Etihad

time07-06-2025

  • Politics
  • Al Etihad

Sharjah Ruler continues receiving Eid Al Adha well-wishers

7 June 2025 13:01 SHARJAH (WAM)His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, continued on Saturday, accompanied by His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, to receive groups of well-wishers who flocked to Al Badi' Palace to extend their greetings to His Highness on the occasion of Eid Al Ruler of Sharjah accepted heartfelt congratulations and blessings on this blessed occasion from sheikhs and senior officials, including Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, members of the judiciary in Sharjah, citizens, tribal elders, dignitaries, businessmen, and members of the Arab and Islamic communities. The well-wishers expressed their sincere greetings on the occasion of Eid Al Adha, a celebration dear to the hearts of all Muslims. They prayed to God Almighty to return this joyous occasion to His Highness with continued health and wellness, to the UAE with further progress and prosperity, and to the Arab and Islamic nations with goodness, peace, and blessings.

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