The Ministry of Finance (MoF) signed today a Memorandum of Understanding (MoU) with Sharjah Chamber of Commerce & Industry (SCCI). The MoU aims to enhance the mutual cooperation between the two parties and to establish a permanent exhibition for Islamic countries’ in Sharjah in collaboration with the Islamic Development Bank group; one of the development organisations that the United Arab Emirates contribute in. The MoU was signed in Dubai by HE Younis Haji Al Khouri, Undersecretary of MoF, and HE Mohammed Sultan Ben Houidn First Deputy Chairman of Chamber of Commerce and Industry.
This joint cooperation falls in line with the strategic objectives that combine MoF and SCCI, which seeks to support and assist the economic policy of the UAE in achieving sustainable development. In turn, this will contribute to locating the UAE as a leading center on the regional and international levels and will guarantee international financial relations with institutions, organizations and regional and international development funds as well as with other countries. Muslim countries that hold human and material resources are productive and possess a unique geographical location, as well as religious and cultural link that bring people together. Additionally, the climates in these countries further help the establishment of economic integration that contributes to strengthening the economic well-being of its citizens.