Sharjah Executive Council nods to set up ‘Virtua..

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Representational Image The Sharjah Executive Council (SEC) has approved the proposal to establish a “Virtual Ruwad Incubator”, which aims to enhance the business environment in the emirate. The proposal was approved at the council meeting. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of Sharjah Executive Council (SEC), has chaired the council’s meeting at the Ruler’s Office, in the presence of Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah. During the meeting, the council discussed various topics on its agenda in line with Sharjah’s vision and growth in order to better serve its citizens and residents. According to the statement, “The virtual incubator will help to reduce costs for entrepreneurs for some activities that do not require the presence of headquarters for economic activities or field inspection, with continuing to apply other requirements that enhance the services provided in accordance with economic, social, legal and other standards.” Furthermore, the council discussed a variety of proposals for improving the business environment in the travel and tourism industry to suit diverse conditions and crises, as well as establishing flexible procedures to create a balance between sectors and boost competitiveness. During…