Economy

Sharjah 2021 Economy

While the global economic slowdown in 2020 triggered by the Covid-19 pandemic put downward pressure on GDP growth in Sharjah, there is cautious hope for a rebound in 2021 and beyond, driven by social and economic development spending programmes, as well as a rapid Covid-19 vaccine rollout. Government spending has risen steadily, funding ambitious development goals in the emirate and the wider UAE, while the authorities have simultaneously implemented initiatives to mitigate the health and economic impacts of the pandemic. Roadshows and forums hosted by Invest in Sharjah are a central pillar of the government’s investment promotion strategy, with a historical focus on India, Russia, China, the GCC, the US, and European nations such as Italy and France.

This chapter contains interviews with Sultan Abdullah bin Hadda Al Suwaidi, Chairman, Sharjah Economic Development Department; Badr Jafar, CEO, Crescent Enterprises; and Salem Yousef Al Qaseer, Chairman, Labour Standards Development Authority.

Previous chapter from this report:
Profile, from The Report: Sharjah 2021
First article from this chapter and report:
How Sharjah positioned itself for post-pandemic growth
Cover of The Report: Sharjah 2021

The Report

This chapter is from the UAE: Sharjah 2021 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Salem Yousef Al Qaseer, Chairman, Labour Standards Development Authority (LSDA)
Salem Yousef Al Qaseer, Chairman, Labour Standards Development Authority (LSDA): Interview

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