The Sharjah Chamber and the Emirates Growth Fund cooperate in supporting small and medium-sized companies
Abu Dhabi, 5 May / WAM / The Sharjah Chamber of Commerce and Industry and the Emirates Growth Fund signed a memorandum of understanding aimed at opening horizons of joint cooperation to support the system of small and medium-sized companies and emerging projects operating in sectors of national priority in order to serve the efforts to diversify the national economy and enhance the competitiveness of Emirati projects in the productive, industrial and investment sectors.
The memorandum was signed during the Chamber’s participation in the activities of the “Make in the UAE 2026” exhibition in the presence of His Excellency Abdullah Sultan Al Owais, Chairman of the Board of Directors of the Sharjah Chamber of Commerce and Industry, and His Excellency Najla Al Midfa, Vice Chairman of the Board of Directors and Managing Director of the Emirates Growth Fund. It was signed by His Excellency Mohammed Ahmed Amin Al Awadhi, Director General of the Sharjah Chamber, and His Excellency Khalifa Al Hajri, CEO of the Emirates Growth Fund, in the presence of a number of officials and stakeholders from both sides.
The memorandum of understanding included four main axes of cooperation, including exploring mutual opportunities and enhancing support provided to small and medium-sized companies and emerging projects operating in the Emirate of Sharjah, which will reflect positively on the entrepreneurship system in the country, in addition to exchanging information and coordination to reach companies and projects eligible for support, and for companies under the umbrella of the Sharjah Chamber to benefit from the financing and investment opportunities offered by the Emirates Growth Fund.
His Excellency Mohammed Ahmed Amin Al Awadhi stressed that the signing of the memorandum is consistent with the strategic directions of the Sharjah Chamber in developing the business environment and supporting entrepreneurs and owners of small and medium enterprises, pointing out that the partnership with the Emirates Growth Fund represents a qualitative addition to the system of services and solutions that the Chamber provides to the business community in the emirate as it opens new financing and development channels for them and contributes to bridging the gap between entrepreneurs and national investment sources.
He added that the Sharjah Chamber is working in accordance with the vision of the wise leadership to build strategic partnerships with national financial and investment institutions in a way that enhances the ability of small and medium-sized companies to grow and expand and enables them to engage in regional and international value chains.
For his part, His Excellency Khalifa Al Hajri expressed his pride in the partnership with the Sharjah Chamber of Commerce and Industry, stressing that it embodies the Fund’s commitment to its national role in supporting the diversification of the UAE economy by investing in small and medium-sized companies operating in sectors of national priority.
He added that the memorandum of understanding with the Sharjah Chamber opens a wide window to a diverse business community in the Emirate of Sharjah, which embraces an advanced industrial and commercial base and a growing number of promising projects in promising sectors. Through joint cooperation between the Fund and the Chamber, appropriate investment solutions can be provided to accelerate the growth of companies and enhance their competitive ability in the local, regional and international markets.
The signing of the memorandum comes in light of the national economic momentum witnessed by the UAE as part of local and federal efforts to develop the national industry in line with enhancing flexibility, supporting entrepreneurship and empowering small and medium enterprises, which is a fundamental pillar of the “We Are the Emirates 2031” vision and the goals of sustainable economic development, and in light of the Sharjah Chamber’s endeavor to increase cooperation and coordination with the leading financial and investment institutions in the country, in a way that enhances the chamber’s role in serving the business community and contributes to the development of a more integrated and competitive national investment environment.
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