Sharjah: «Gulf»
The Sharjah Foreign Direct Investment Office (Invest in Sharjah) announced the launch date of the eighth session of the “Sharjah Economic Ramadan Council”, under the slogan “Emerging Opportunities in Virtual Investments” on Tuesday, April 19, 2022 at the House of Wisdom, at 9:00 pm. Until 11:00 pm.
The council will be held in the presence of Sheikha Bodour bint Sultan Al Qasimi, Chairwoman of the Sharjah Investment and Development Authority (Shurooq), and will bring together a group of government officials at the local and federal levels, businessmen, investors and industry leaders, to discuss strategies aimed at enhancing the competitiveness of the UAE and its economy in the field of virtual investments. .
Sharjah’s selection of the council’s logo in this year’s session comes in response to the growth of investment in the virtual assets market, the promising prospects for profitable returns through the adoption of cryptocurrencies and non-fungible tokens, in addition to the major developments in digital infrastructure and cryptographic technology.
As part of the UAE’s consolidation of its position as a global center for the trade of virtual assets, the Virtual Assets Regulatory Authority issued the first law to regulate virtual assets with the aim of providing a legal framework to protect investors, regulate and facilitate the process of integrating digital assets into the economy in the long term, and as an incubator for emerging sectors, Sharjah shows the ability of Great on attracting foreign companies specialized in this sector.
