Sharjah and Neuchâtel Strengthen Economic Ties in High-Profile Business Roundtable
Sharjah, The Gulf Observer: The Sharjah FDI Office (Invest in Sharjah) and the Consulate General of the UAE in Geneva successfully co-hosted a high-profile business roundtable at The Chedi Al Bait Hotel, Sharjah, aimed at strengthening bilateral economic ties and expanding investment opportunities between Sharjah and Neuchâtel, Switzerland.
The meeting convened government officials, representatives of business councils, investors, and industry leaders from both regions to explore avenues for mutual economic growth. The event served as a platform to showcase Sharjah’s strategic position in the global investment landscape and emphasized the UAE’s proactive diplomatic efforts in fostering robust economic partnerships with Switzerland, particularly in manufacturing and technology.
Jasim Al Abdouli, Consul General of the UAE in Geneva, highlighted the enduring diplomatic and economic relationship between the UAE and Switzerland, stressing their shared vision for sustainable growth and cross-border innovation.
Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, reinforced the strong ties between Sharjah and Switzerland, outlining Sharjah’s strategic advantages as a gateway to regional and global markets.
Further emphasizing investment potential, Matthieu Aubert, Director of the Neuchâtel Service of the Economy (NECO), Switzerland, and Marwan Alichla, Director of Investment Promotion & Support for Invest in Sharjah, presented key investment opportunities in their respective regions.
Sharjah’s economic engagement with Switzerland continues to expand, evidenced by a growing presence of Swiss enterprises in the emirate. Currently, approximately 250 Swiss companies operate within Sharjah’s mainland and its seven Free Zones, benefiting from tax exemptions and streamlined logistics. Bilateral trade between Sharjah and Switzerland reached around AED 84 million in the past year, demonstrating strengthened cooperation in key sectors such as advanced manufacturing, technology, and sustainable energy.
This strategic collaboration marks another milestone in Sharjah’s commitment to fostering international investment and reinforcing its role as a premier business hub in the region.
