SCCI records stellar growth in 2023

  • Date: 06-Feb-2024
  • Source: Zawya
  • Sector:Retail
  • Country:UAE
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SCCI records stellar growth in 2023

SHARJAH: The Sharjah Chamber of Commerce and Industry (SCCI) has announced a series of significant achievements made over the course of the past year (2023), underscoring its multifaceted endeavours in bolstering the business community.

In 2023, the Chamber saw a notable increase in its total registered memberships, reaching 72,187, with 7,160 new members joining—a growth rate of 10 pertcent from the 65,000 members recorded in 2022.

According to SCCI data, the number of membership renewals in 2023 hit 55,087 across industrial, commercial, and professional sectors. Additionally, free zone memberships stood at 1,795, while exports and re-exports were valued at approximately AED 33 billion.

These achievements reaffirm SCCI’s commitment to fostering sustainable economic development within Sharjah, enhancing the growth of various economic sectors, improving the sustainable performance of the private sector, and attracting direct investments.

Abdullah Sultan Al Owais, Chairman of SCCI, emphasised that the notable accomplishments made over the past year clearly reflect the chamber’s success in meeting the strategic goals of its 2022–2024 strategy. These include not only supporting the business sector and fostering sustainable economic practices, but also stimulating the growth and diversification of Sharjah's exports and investment inflows and enhancing the economic development trajectory of Sharjah.

“Looking ahead, we will continue to