The Emirate of Sharjah follows a plan developed by His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to build a strong economy that drives social and cultural development.

“There are many considerations that must be taken into account when analysing economic power, among these considerations is the ability of this economy to empower all segments of society achieve the desired hopes and dreams,” Ruler of Sharjah said.

This came during an interview with the Oxford Business Group (OBG), where Sheikh Sultan said, “We seek an economy that does not only build markets, but also aims to build an integrated nation in which society advances with the contributions of each individual in it.”

He continues, “Our goal is to build an economy that constantly improves the image of Sharjah, as a home for its citizens, residents and investors.”

The community development and its role in securing sustainable economic growth were among the topics addressed by Sheikh Sultan in the interview.

He said, “The goal of development is not to increase burdens on the government, companies or institutions, but rather to provide a platform for long-term profitable investment. It also seeks to develop individuals' skills, experiences, cultures and creative abilities. The true nature of development is what creates value in our actions and gives meaning to life.”

Sheikh Sultan also said, “We understand the challenges facing individuals and companies, and we do our best to enhance infrastructure, services and supportive legislation.”

“It is said that the economic practices should meet the necessary conditions for the sustainability of resources, climate, environment and business. We believe that the transition towards sustainability must begin with the welfare of the community. And with the sustainability of the societal well-being, everything else will be sustainable by extension because of strengthening the sustainability culture of each member of the community,” Sheikh Sultan told OBG.