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Sharjah Investment & Development Authority (Shurooq)

The Sharjah Investment and Development Authority, also known as Shurooq, is a goverment entity established as per the Emiri Decree no. 2 issued by His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, it's primary tasks include: . . Implement Infrastructure projects in the various investment, tourist and heritage areas and set the necessary programs for their completion. . . Establish a comprehensive information center and prepare a media plan to encourage all types of investments upon coordination with relevant entities to issue necessary media material. . . Grant permits for investment projects and develop the same. . . Prepare the infrastructure of investment project and update and upgrade existing one, and establish special investment areas. . . Propose and prepare investment legislations in the Emirate, taking into consideration the value of the Emirate. . . Invest in investment projects and seek to conclude partnership with similar authorities or institutions within and outside the Emirate. Create Investment opportunities in the Emirate and develop a national cadre. . . Cooperate with the government departments, institutions and authorities and members of the community to develop and promote the Emirate as an investment destination in the state to enhance the reputation and position of the Emirate at the local and international levels. . . Forming and incorporating the companies in all types thereof, participating in the same, participating in the capital and works thereof and in the contracts thereof whether local or international. . . Managing, operating and developing the projects, facilities, buildings, utilities and facades inside and outside the Emirate. . . Any other mandates assigned to the Authority by Emirate Ruler.

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