In Sharjah, 90% of businesses are private

The emirate’s chamber of commerce has joined the ICC congress in Rio de Janeiro. One of its executives discussed the local industry.

Bruna Garcia Fonseca

Rio de Janeiro – Sharjah Chamber of Commerce & Industry economic adviser Omer Ali Salih (pictured, on the right), told ANBA this Thursday (13) that 90% all of the businesses in the are private, including small ones. “The majority of our companies are private,” he said during the 11th World Chambers Congress in Rio de Janeiro.

Key industries in Sharjah are manufacturing, petrochemicals, furniture and processed foods.” Some 35% of all factories in the UAE are located in Sharjah,” said Salih.

“We provide consulting to small and medium businesses that are looking to export, by offering them facilitation services and having business missions,” he explained. Regarding Brazil, Salih said Sharjah businesses have keen interest in doing business in the country, and that they will have more information available on the scenario now. “But our biggest issue here is the language barrier. Very few people speak English here,” he said.

This is Sharjah’s eighth time at the World Chambers Congress; the second with its own stand; and the third as the event’s sponsor. Yesterday afternoon (12), Arab Brazilian Chamber of Commerce CEO Tamer Mansour visited the Sharjah Chamber stand to discuss the possibility of entering into partnerships and a memorandum of understanding (MoU).

Translated by Gabriel Pomerancblum

Bruna Garcia/ANBA

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