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3/18/25, 1:33 PM Sharjah Ramadan Majlis Discusses Ways To Develop Economy - UrduPoint
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.

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