Sharjah, UAE – The Sharjah Investors Services Center (SAEED) has officially inaugurated a new branch at the Sharjah Research, Technology, and Innovation Park (SRTIP), marking a significant step in accelerating business growth and investment in the emirate.
The expansion comes on the heels of Sharjah’s 44% surge in foreign direct investment (FDI) in 2024, reinforcing its position as a key global economic hub.
Strengthening Business Services and Investor Support
The new SRTIP branch aims to streamline business setup processes, attract further investment, and enhance economic services available to entrepreneurs and investors. The move is expected to increase ease of access for businesses looking to establish or expand operations in Sharjah’s rapidly growing economy.
The launch event highlighted SAEED’s 2024 achievements, including:
- Supporting over 100 entrepreneurs in establishing businesses.
- Facilitating the registration of more than 100 new companies.
- Providing aftercare services to over 2,500 investors and businesses.
- Enhancing administrative efficiency, reducing transaction completion times by 25% through advanced technologies.
Strategic Expansion to Sharjah’s Innovation Hub
Hamad Al Shamsi, Manager of SAEED, emphasized that the decision to open the new branch at SRTIP was based on its strategic location—close to Sharjah International Airport, University City, and the emirate’s free zones—providing entrepreneurs with easy access to vital economic and investment resources.
"Investor and business service centers are integral in modern economies. Entrepreneurs require easy access to reliable market data to understand trends and identify opportunities," Al Shamsi noted.
He further emphasized the importance of fostering connections between businesses, institutions, and government entities to drive economic growth.
Sharjah’s Expanding Economic Landscape
The launch of the SAEED-SRTIP branch coincides with Sharjah’s continued economic expansion, particularly in its free zones, which attracted over 1,600 new global companies in 2024.
With an increasing number of businesses seeking specialized support services, SAEED’s new branch at SRTIP is set to play a vital role in enhancing investor confidence, facilitating market entry, and driving sustainable business growth in Sharjah.
This move reaffirms Sharjah’s commitment to fostering a dynamic and business-friendly environment, ensuring continued growth and strong foreign investment inflows in the years ahead.
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