Page 334 - MOE ENGLISH PR REPORT - MARCH 2025

3/18/25, 1:32 PM Sharjah Ramadan Majlis focuses on economic growth

Industrial innovation

Hussain Al Mahmoudi, CEO of SRTI Park, explained how the park encourages collaboration between

research institutions and the private sector to advance industrial innovation.

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.”

New partnerships

The Majlis also saw the signing of three important Memoranda of Understanding (MoUs) aimed at further

enhancing innovation, entrepreneurship, and sustainable growth in Sharjah.

An MoU was signed between Invest in Sharjah and SRTI Park to launch the ‘Innovate in Sharjah’
platform, which will offer resources, infrastructure, and incentives in technology and AI.

Sheraa partnered with Emirates General Petroleum Corporation (Emarat) to support startups in
accessing funding and investment opportunities.

Another MoU was signed between Invest in Sharjah and Alef Group to further develop the emirate’s
property sector.

The Majlis took place in Mleiha, a region known for its archaeological significance, which now plays a

key role in Sharjah’s investment and economic transformation.

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