Sharjah Chamber of Commerce and Industry reports rise in new companies in Q1 2022

The Sharjah Chamber of Commerce and Industry (SCCI) has seen a rise in the number of transactions and memberships during the first quarter of 2022, with an estimated 1996 new companies joining and 15,572 memberships renewed, the highest since 2018.

During this time, the SCCI’s total number of registered members reached 17,568, an increase of 8 per cent over the year 2021.

This raises the total number of members and affiliates of the chamber to 61,212 members. In addition, the number of new memberships registered increased by 6 per cent in the first quarter of 2022 compared to the same period last year, while the number of renewed memberships increased by 8 per cent over the previous year.

There were also 18,454 certificates of origin issued by the chamber and 557 certifications of origin issued by the free zones.

“This inclusive growth is yet another testament to the success of the new chamber’s strategy in advancing sustainable growth in Sharjah and providing more support for business sectors over the next three years,” said Mohammed Ahmed Amin Al Awadi, director-general of the SCCI.

These numbers, Al Awadi said, reflect the appeal of Sharjah’s distinctive investment climate to businessmen and investors.

“The numbers announced clearly reflect the massive development of the SCCI’s services provided to its members and affiliates, through the provision of quality and intelligent services and the creative promotion of business sector products locally and internationally,” added Abdulaziz Shattaf, assistant director-general for Communication and Business Sector.

He added, “The SCCI has an integrated system of smart and electronic services that covers all of the business community’s needs and requirements, allowing investors to complete their transactions remotely, effortlessly and easily.”

Shattaf stressed that these services have significantly contributed to the notable increase in the number of new memberships of the chamber.