Sharjah and Portugal Strengthen Economic Ties Through Enhanced Private Sector Cooperation

Strategic Insights -

The Sharjah Chamber of Commerce and Industry (SCCI) recently held a meeting with the Portuguese Business Council to discuss ways to enhance cooperation between the private sectors of both countries. The meeting, held at 'Bait Elowal', was organized by the SCCI in collaboration with the Portuguese Business Council, which operates under SCCI's umbrella, in celebration of Portugal's National Day. The discussion focused on strengthening the Council's role in supporting the Portuguese business community in Sharjah, facilitating trade missions, and coordinating economic conferences and forums. The event was attended by high-ranking officials from both sides, including Abdallah Sultan Al Owais, Chairman of SCCI, and Lurdes Eusebio, Chairperson of the Portuguese Business Council in Sharjah.

Key Takeaways:

  • The meeting aimed to strengthen cooperation between the private sectors of Sharjah and Portugal, with a focus on supporting Portuguese businesses in Sharjah and facilitating trade missions.
  • The Portuguese Business Council highlighted its key achievements and collaborative milestones with the Sharjah Chamber, showcasing joint initiatives and programs that contributed to strengthening the business environment and attracting Portuguese investments to the emirate.
  • Both sides discussed development plans to enhance the Council's operational efficiency and reinforce its role as a key platform for promoting economic partnerships and boosting investment cooperation in priority sectors.
  • Abdallah Sultan Al Owais emphasized Sharjah's commitment to broadening its global partnerships, particularly with high-potential markets like Portugal, citing shared opportunities in emerging sectors such as the new economy, sustainable tourism, smart agriculture, and circular and green economies.
  • Lurdes Eusebio pointed to the emirate's attractive business landscape, supported by diversified investment prospects, robust infrastructure, and a range of entrepreneurial incentives.

Statistics:

  • Sharjah has seen significant advancements in bilateral economic ties with Portugal in recent years, driven by strategic agreements.
  • Stratgeic agreements have laid the foundation for a new phase of advanced economic partnership between the two countries.
  • Sharjah is committed to broadening its global partnerships, particularly with high-potential markets like Portugal, which offers shared opportunities in emerging sectors.

Sources:

  • "Wam - UAE News Agency" published on 09 Jun 2025, Sharjah --
  • "The Sharjah Chamber of Commerce and Industry (SCCI)"
  • "Portuguese Business Council in Sharjah" under "SCCI's umbrella"