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3/18/25, 2:13 PM Sharjah Ramadan Majlis discusses ways to develop economy - Eye of Dubai
manufacturing sector, notably AED 826.4 million in 2024 alone. Recent investments, including three new pharmaceutical
factories worth AED 308.7 million; a AED 50 million investment from global glass manufacturer PureGlass; and AED 40 million
by IPT Energy; as examples, shows Sharjah’s appeal as well as our commitment to innovation and growth.”

Commenting on the support of entrepreneurs and fostering innovation, Sara Abdelaziz Al Nuaimi, CEO of Sheraa, highlighted
Sheraa’s role in enhancing the startup ecosystem in Sharjah. “The Ramadan Majlis is a yearly reminder of Sharjah's

commitment to shaping the future through innovation, entrepreneurship, and collaboration. As we gather again, we celebrate
our ecosystem's progress and the entrepreneurs' boundless potential to drive meaningful change. At Sheraa, we remain
committed to empowering these changemakers and providing them with the support, resources, and community they need to
scale their impact. Together, we continue to build a future where Sharjah is a global hub for talent, opportunity, and
sustainable growth.”

Hussain Al Mahmoudi, CEO of SRTI Park, explained how the park facilitates collaboration between research institutions and
the private sector to drive industrial innovation and build a knowledge-based economy. He stated: “SRTI Park is a platform

where collaboration is the foundation of progress. Partnership sits at the core of our mission where we bridge institutions and
companies in the private sector by aligning R&D, skills, resources, and vision to empower industrial innovation. By fostering
synergies between cutting-edge research and market-driven enterprises, we facilitate scalable solutions that transform ideas
into economic value.”

As part of the Majlis, an MoU was signed between Invest in Sharjah and SRTI Park by Mohamed Juma Al Musharrkh and
Hussain Al Mahmoudi respectively, and included the launch of the ‘Innovate in Sharjah’ platform, a centralised digital gateway

offering facilities and incentives in artificial intelligence and technology. The platform will enable key stakeholders in research,
development, and high-tech manufacturing to access resources, explore infrastructure, and utilise laboratories and research
facilities, reinforcing Sharjah’s position as a global hub for research, development, and industrial innovation.

Additionally, the Majlis witnessed the signing of an MoU between Sheraa and Emarat, represented by Sara Abdelaziz Al

Nuaimi, CEO of Sheraa; and Ali Khalifa Al Shamsi, CEO of “Emarat”, in a strategic partnership aimed at facilitating startups’
access to funding and investment opportunities. The agreement seeks to strengthen entrepreneurship and innovation
programmes, focusing on key sectors such as ed-tech, sustainability, creative industries, and advanced manufacturing.

A third MoU was also penned between Mohamed Juma Al Musharrkh of Invest in Sharjah and Issa Ataya, CEO Alef Group, in
support of the emirate’s vision for sustainable growth and innovation, further solidifying its role in shaping the emirate’s real
estate sector. This partnership also aims to highlight opportunities in the emirate’s expanding freehold property market.

The choice of Mleiha for this year’s Majlis symbolises the integration of Sharjah’s rich heritage with its forward-looking
development initiatives. This historic region, boasting archaeological treasures spanning millennia, has evolved into a pillar of
economic and investment transformation, now including strategic ventures such as the Sharjah Wheat Farm and the recently

launched Dairy Farm, exemplifying the emirate’s commitment to food security and sustainable investment.

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