The Sharjah Chamber of Commerce & Industry (SCCI) is leading a trade mission to Russia, set to take place from September 7 to 12 in Moscow and Saint Petersburg.
The visit aims to enhance the economic, commercial, and investment cooperation between the two sides.
The delegation will be led by Abdullah Sultan Al Owais, Chairman of the SCCI, and includes a number of board members, government and private officials.
The visit aims to attract more foreign investment to Sharjah and develop local businesses abroad by means of export or by establishing an international presence.
The mission’s programme includes a number of forums in Moscow and Saint Petersburg, arranged in cooperation between the Chambers of Commerce of both UAE and Russia.
The program will be titled 'Sharjah-Russia Business Forum'.
On September 7, the mission will attend the Manufacturers’ Forum and the Russia-UAE Business Council Forum, in addition to a number of bilateral meetings between the business communities in the UAE and Russia.
Japan's economic stimulus package is set to include tax cuts to spur investment focused around 17 key industries, including AI and semiconductors, and multi-year budget allocations to make policy more predictable, the Nikkei newspaper reported.
Family businesses remain a vital force in the UAE’s economy, contributing around 60 per cent of the country’s GDP, providing more than 80 per cent of jobs, and making up nearly 90 per cent of all private sector companies.
Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.
Microsoft has expanded its global skilling initiative - Elevate - to equip more than 250,000 students, staff and faculty and more than 55,000 government employees in the UAE with AI skills.