The Ramadan Council of Sharjah 2025 is looking forward to the future of the industrial sector and witnesses the signing of 3 memoranda of understanding

Sharjah, March 9 / WAM / In the presence of Sheikha Badour Bint Sultan Al Qasimi, President of the American University in Sharjah, and His Excellency Dr. Thani bin Ahmed Al -Zyoudi, Minister of State for Foreign Trade, the Sharjah Ramadan Council reviewed 2025, which was held yesterday under the slogan “Sharjah: Forming the future, enabling growth” prospects for developing economic sectors in the emirate with a focus on the industrial sector as one of the most important growth engines and a prominent element of economic diversification And discuss his role in enhancing production and competitiveness at the regional and local levels.

The Council, which was held in the Maliha region in Sharjah, came with a joint organization of the Sharjah Investment and Development Authority (Sunrise), Sharjah Foreign Investment Office (Invest in Sharjah), the Sharjah Center for Entrepreneurship (Sail) and Sharjah Complex for Research, Technology and Innovation in the presence of Sheikh Fahim Al Qasimi, Head of the Government Relations Department in Sharjah and Sheikh Saud bin Sultan Al Qasimi, Director General of the Sharjah Digital Department, along with a number of a number of Officials in government agencies, experts and specialists in the investment, tourism, manufacturing, technology and entrepreneurship sectors.

The Council witnessed the signing of three memoranda of understanding between “Invest in Sharjah” and the Sharjah Complex for Research, Technology and Innovation, and the second between “Sail” and the Emirates Petroleum General Foundation (Emirates), along with a memorandum of understanding between “Invest in Sharjah” and the “Alf” group, with the aim of enhancing the innovation environment and entrepreneurship in Sharjah by providing facilities and incentives in the areas of artificial intelligence, technology and supporting entrepreneurs through financing And startups development programs in addition to expanding the opportunities for expansion in the markets through strategic partnerships.

The Council dealt with strategies to develop the manufacturing sector with the aim of analyzing opportunities and challenges, reviewing the leading models and success stories that enhance Sharjah’s growing role in the regional and global industrial scene, where the emirate embraces 35% of the size of the industrial sector in the United Arab Emirates.

Sheikha Badour Al Qasimi said: The future of Sharjah depends on our ability to integrate innovation with a deliberate manner with a guarantee that our heritage is a source of inspiration for our progress and not a restriction on it. It establishes sustainable economic flexibility for the benefit of future generations.

His Excellency Dr. Thani bin Ahmed Al -Zyoudi highlighted the prominent economic position achieved by the UAE globally, pointing to its wide network of partnerships, agreements and cooperation protocols in various sectors.

He said: The comprehensive economic partnership agreements (CEPA) opens new horizons for manufacturers in Sharjah, which makes trade a more influential engine in our economy and with linking our markets to emerging economies in India, Southeast Asia, Africa and South America, we are greatly expanding our business and contributing to the formation of a really strong global commercial system and we are witnessing increasingly global interest in Sharjah where companies continue to attract companies from Various parts of the world, and by taking advantage of these agreements, manufacturers in the emirate can reach new markets, diversify their exports and enhance their position at the forefront of global trade.

Speaking about the Supreme Committee for Economic Integration in Sharjah, Sheikh Fahim Al Qasimi reviewed the initiatives aimed at enhancing industrial growth and sustainability and attracting foreign investments to the emirate.

He said that Sharjah’s economy achieves a distinguished performance and develops at a remarkable pace, as its gross domestic product reached more than 145 billion dirhams, exceeding the global average of 3.5%. The industrial sector today constitutes about 17% of our economy, in addition to the great developments that we are witnessing in the fields of agriculture and real estate, and we are very proud of companies that Sharjah chose a home, especially in the private sector, which was the backbone of our economy for more than one A decade of time, which resulted in the choice of major international companies to invest in Sharjah, such as Halliburton and Amazon.

For his part, His Excellency Ahmed Obaid Al -Qusayr, Executive Director of the Sharjah Investment and Development Authority (Sunrise) highlighted the authority’s efforts to integrate sustainability within tourism and hospitality projects, to support economic growth and preserving the environment, pointing to the commitment of “Sunrise” to achieve the goals of sustainability in Sharjah based on its established conviction as the cornerstone of the future of the emirate, where the authority’s efforts contribute to preserving cultural heritage while meeting The requirements of modern tourism, and with the continued growth in the tourism sector and the increase in the number of hotel guests, sustainable tourism has proven its pivotal role in diversifying the economy and enhancing its growth.

His Excellency Mohamed Jumaa Al -Mashrakh, Executive Director of the Office “Invest in Sharjah”, shed light on the initiatives launched by the emirate to attract industrial investments and provide a supportive environment that gives companies competitive advantages, indicating that the process of manufacturing in Sharjah started since the seventies of the last century and developed into a prosperous industrial system where the manufacturing sector today has become the second largest contributor to the gross domestic product of the emirate as it possesses. Sharjah is 20 industrial zones, 7 free zones and more than 2,900 factories, which made it a major investment destination that attracts its industrial sector large investments amounting to 826.4 million dirhams in 2024 alone. Modern investments include three new pharmaceutical factories worth 308.7 million dirhams, an investment of 50 million dirhams from Pureglass International Glass Industry and an investment of 40 million dirhams from IPT Energy, which reflects the attractiveness of Sharjah and its commitment to innovation and sustainable growth.

His Excellency Sarah Abdel Aziz in Haifa Al -Nuaimi, Executive Director of “Sara”, spoke about the active contribution offered by the Sharjah Entrepreneurship Center, saying: The Ramadan Council embodies an annual gathering that reflects the vision of the Emirate of Sharjah established in drawing the features of the future through innovation and entrepreneurship and enhancing cooperation between the government and private sectors to enable a prosperous environment for opportunities and growth and we celebrate today with what our pioneering system has achieved from Achievements and we look forward to a future led by entrepreneurs with their ambitious thought and their sustainable impact.

She added: In a sail, we believe that investing in creative minds, providing resources, supporting spaces, and incubating society is the basis for the prosperity of a pioneering environment and we are seeking to consolidate the position of the Emirate of Sharjah as a global center for talents, innovation and sustainable growth.

In turn, His Excellency Hussein Al -Mahmoudi, Executive Director of the Sharjah Complex for Research, Technology and Innovation, stressed that the complex plays a pivotal role in enhancing cooperation between research and development institutions and the private sector in a way that contributes to enabling industrial innovation and building a knowledge -based economy.

Al -Mahmoudi said: The complex is a global platform that brings together academics, the private sector and government institutions through initiatives that support research, development, skills development and technology employment in building companies. The complex also works in coordination with the Ministry of Economy and the relevant authorities to benefit from comprehensive economic partnership agreements (CEPA) with the aim of facilitating the transfer of technology and promoting innovation in various sectors.

The activities of the Sharjah Ramadan Council included the signing of a memorandum of understanding between “Invest in Sharjah” and the Sharjah Research, Technology and Innovation Complex, which was signed by His Excellency Mohamed Jumaa Al -Mashrakh and His Excellency Hussein Al -Mahmoudi with the aim of launching the platform “Interest in Sharjah”, which is a digital gate that provides facilities and incentives in the fields of artificial intelligence and technology. The platform also gives a comprehensive view of research opportunities and available techniques, which helps researchers and innovators To reach resources and explore infrastructure, laboratories and research facilities in Sharjah to enhance its position as a global center for research, development and industrial innovation.

The council also witnessed the signing of a memorandum of understanding between the Sharjah Center for Entrepreneurship (Sharia) and the Emirates General Petroleum Corporation (Emirates) and was signed by His Excellency Sarah Abdel Aziz in Haifa Al -Naimi and Ali Khalifa Al Shamsi, Executive Director of (Emirates) Foundation with the aim of facilitating the access of startups to financing and investment opportunities and enhancing entrepreneurship programs and innovation.

The memorandum includes launching programs to build entrepreneurial capabilities and support startups in priority sectors such as educational technology, sustainability and creative industries, as well as providing cash prizes and grants to entrepreneurs and facilitating opportunities for expansion in the markets through strategic partnerships, and “Sharia” will provide training workshops for “Emirati” employees.

His Excellency Mohamed Jumaa Al -Mashrakh and Issa Ataya, CEO of the “Alf” group, also signed a memorandum of understanding between “Invest in Sharjah” and the “Alf” group to support the emirate’s vision in achieving sustainable growth and innovation and enhancing its role in developing the real estate sector. The partnership aims to highlight the promising opportunities in the real estate market with free ownership, which is witnessing an accelerated growth in Sharjah.

The Sharjah Ramadan Council reviewed the success stories of companies that chose Sharjah as the headquarters of its work, as their owners explained that their decision came as a result of the supportive economic environment and a strategic location that allows access to global markets in addition to investment incentives, organizational flexibility and advanced infrastructure. They also indicated that government facilities and the availability of industrial lands played a fundamental role in enabling their companies to expand and enhance their companies Its competition, which made Sharjah an attractive center for innovation and sustainability in various sectors.

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