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3/18/25, 1:33 PM Sharjah Ramadan Majlis Discusses Ways To Develop Economy | Pakistan Point
into a thriving ecosystem, with manufacturing now the second-largest contributor to our GDP.
Our emirate has 20 industrial areas, 7 free zones, and over 2,900 factories, attracting significant
investments within the 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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