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SCCI Holds Youth Circle on Enhancing Role of Emirati Youth in Real Estate Investment at ACRES 2020

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SCCI Holds Youth Circle on Enhancing Role of Emirati Youth in Real Estate Investment at ACRES 2020    03/11/2020

The Youth Council at the Sharjah Chamber of Commerce & Industry (SCCI Youth Council) organized a youth circle on enhancing the role of youth in the real estate investment.

The event comes on the sidelines of the 7th edition of the Real Estate Investment Exhibition (ACRES 2020), which is organized by the Sharjah Chamber of Commerce & Industry, SCCI, collaboratively with the Sharjah Real Estate Registration Department (SRERD) and the Representative Committee of the Real Estate Sector Business Group working under the SCCI umbrella.

The circle comes as part of the SCCI’s keenness to empower youth and to build effective communication methods between them and institutions and government agencies involved in the real estate sector to take advantage of the previous experiences as well as to drive youth to invest in real estate sector in a right and sustainable way.

The event was attended by HE Mohammad Ahmed Amin Al-Awadi, SCCI’s Director-General, HE Khalifa Al Shaibani, Director-General of Tilal Properties, Mohamed Juma Al Musharrkh, Chief Executive Officer, Sharjah FDI Office (Invest in Sharjah), Jamal Bu Zinjal, Head of Media Department, SCCI, Saeed Ghanem Al Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group, Obaid Abdul Rahman Al-Mazloum, Director of the Real Estate Projects Management Department, SRERD, Eng. Amer Al Zarouni, Director of Real Estate Services Department, Sharjah Islamic Bank, as well as a number of the SCCI Youth Council members, university students and young people interested in real estate investment.

A Safe Investment Environment

“The event is part of the SCCI’s keenness to support all the training activities and programs that help the business sector rise, especially the youth segment, by getting them acquainted with new and practical methods of creating and managing real estate investment projects,” said Mohammad Ahmed Amin Al-Awadi.

He added that one of the key pillars of the SCCI’s strategy is to build a new generation of youth entrepreneurs with innovative skills and unique ideas, stressing that the Chamber provides all possible means for strengthening the country’s endeavors to develop the youth cadres.

Al-Awadi called on all those participating in the youth circle to invest in the real estate sector, thanks to its safe environment and flexible legislation which ensure their success and excellence in achieving their investment dreams.

The themes of circle focused on educating youth about legislations, laws, and policies regulating real estate investment, and introducing them to the concepts and plans of investment in this vital sector, which is one of the key pillars of the diverse economy of the Emirate of Sharjah.

Jamal Bu Zinjal shed light on the mechanisms provided by the SCCI to serve the business community and its role in motivating young people to engage in various economic sectors, especially the real estate sector which represents one of the pillars of the economic diversification strategy in the Emirate of Sharjah.

He added that the emirate enjoys a broad urban renaissance, something which reinforces its position as a leading global destination for investment in the real estate sector, pointing to the role of the Representative Committee of the Real Estate Sector Business Group in terms of enhancing the earnings of Sharjah’s real estate sector, through the best representation of the largest segment of real estate workers in the emirate, its efforts in launching constructive initiatives and overcoming the challenges facing those working in this sector, in line with the universal renaissance in Sharjah.

“One of the SCCI’s most important initiatives for youth is the Small & Medium Enterprises Center, TIJARAH 101, with the aim of supporting young men and women who wish to establish commercial projects and encouraging entrepreneurs and investors to develop their businesses, through many specializations, including the overlapping domains with the real estate sector,” Bu Zinjal concluded.

The Mainstay of the Future Industry

The event also discussed the advantages offered by banking institutions in financing youth to work in this sector, as well as discussing mechanisms to enhance the role of Emirati youth in real estate investment, in line with the plans of the wise leadership in terms of supporting the youth energies and developing their expertise and skills to become the mainstay of the future industry.

Additionally, the circle highlighted the importance of instilling the correct investment concepts in the real estate sector among youth, training them on the latest experiences in this sector, and encouraging them to organize their investment ideas and enhance their real estate awareness to make the right decisions.

For their part, those who participated in the event expressed their happiness with this interactive session, highlighting the benefits of attending such events, especially that this youth circle is held in parallel with ACRES 2020, something which paves the way for them to apply these experiences in the real world.

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