Latest news with #AlMahmoudi
Sharjah 24
17-04-2025
- Business
- Sharjah 24
SRTIP unveils flying car project
Fostering global innovation and investment In a statement to Sharjah 24, Al Mahmoudi explained that the Park is working to integrate academic and economic sectors between Sharjah and the Netherlands through collaboration with Dutch universities, research centres, and leading companies. The goal is to incubate cutting-edge innovations and implement them practically. He emphasised that such meetings enhance engagement with local and international business communities, while also creating opportunities to attract global investors and innovators within the Park's ecosystem, which focuses on research, development and technological entrepreneurship. He affirmed that Sharjah is steadily advancing its position as a regional hub for innovation and advanced technologies by supporting pioneering projects centred on sustainability and smart transformation. The Park offers an enabling environment that brings together top international talent and expertise, with world-class research facilities that contribute to developing and applying future-ready solutions for the benefit of society and the national economy alike.
Zawya
25-02-2025
- Business
- Zawya
SRTI Park and Italian institutions sign pact to attract investments and enhance global partnerships in research and innovation
Al Mahmoudi: Italian institutions pledge to implement joint research and development programs, and attract startups, small and medium-sized enterprises Rome: As part of the "State Visit" by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, to the Italian Republic, and within the activities of the "UAE-Italy Business Forum," which was attended by His Highness and Her Excellency Giorgia Meloni, Prime Minister of Italy, SRTI Park signed memorandums of understanding with three influential Italian institutions. The aim of this collaboration is to attract a large number of Italian startups and small and medium-sized enterprises over the next three years, and to enhance joint investments in various technical and innovative sectors. The MOUs were signed between Sharjah Research, Technology, and Innovation Park and Kilometro Rosso, a leading scientific and technological hub in Europe, Italiacamp, an organization focused on creating new economic and social value for Italy, as well as Andersen Italy, the Italian branch of Andersen Global, an international association of tax, legal, and financial firms. According to the terms of the agreements, around 100 Italian companies will set up operations at SRTI Park by 2028. The target companies will be innovative tech startups, SMEs and small corporate in diverse sectors, including medical devices, AI-assisted diagnostic, robotics, autonomous driving, space, water treatment & desalination, new materials, architecture & interior design. Hussain Al Mahmoudi, CEO of SRTIP, commented: ' These agreements with leading Italian institutions represent a pivotal moment for SRTI Park, as we continue to expand our footprint across Europe. Italy boasts a vibrant startup ecosystem backed by strong venture capitalists, engaged in fields that form the core of our activities at this science park. We are delighted to throw open our doors to Italy's amazing tech companies to launch operations in SRTI Park, which will give them access to the growing Middle East market. Our ecosystem offers attractive facilities and incentives for innovation-driven ventures.' A key pillar of each agreement is represented by the collaboration in R&D activities through American University of Sharjah and University of Sharjah and explore business opportunities with SRTI Park's industry and government partners. ' This agreement marks a significant milestone in fostering synergy between Italian tech startups, technology organizations, and SRTIP. The four organizations are committed in leveraging cutting-edge innovation, research, and deep-tech collaboration, to create long-lasting impact in Italy and the UAE" commented Nicola Bettio, Director of Innovation and Research Ecosystem at SRTIP. Frontline Organisations Kilometro Rosso, one of the leading European science parks, organized around 8 technology clusters and 33 laboratories, with a legacy of more than 900 patents filed, 2,000 publications and EUR 750m worth R&D projects, supported by EUR 180m of acquired funding. The MoU was signed by Salvatore Majorana, CEO, Kilometro Rosso. The agreement envisages collaboration around 10 research projects by 2028 and nurturing around 20 startups in the following areas: Advanced prototyping, Mechatronics and robotics, New materials and Health sciences. ' Developing collaboration across borders is the very essence of Science Parks and we are very proud to reinforce our exchanges with Sharjah Research, Technology and Innovation Park through this agreement. Many of the technologies and startups we support will be able to benefit from an extended platform to test their products and explore new markets in the UAE. I'm grateful to IASP, the International Association of Science Parks, which gave us the opportunity to meet and strengthen our relationship with SRTIP. We look forward to a successful experience ', remarked Salvatore Majorana, Director of Kilometro Rosso. Italiacamp is an organization dedicated to promoting projects with a high social and economic impact for Italy by leveraging organizational, relational skills. Over time, its mission has evolved to focus on supporting the international growth of Italian companies in key markets for Made in Italy. To pursue this goal, Italiacamp EMEA was established to assist Italian companies in their international expansion and to menage the Dubai Hub for Made in Italy, a 2,000 sqm space in the Convention Tower within the Free Zone of the Dubai World Trade Centre, which hosts more than 150 startups and SMEs. In recognition of its strategic role, SIMEST (Gruppo CDP) has invested in Italiacamp EMEA in 2024, joining its corporate structure to further strengthen its mission of fostering the global presence of Italian enterprises Through this agreement, the company aims to attract to Sharjah more than 50 mature tech startups and SMEs by 2028 in the following sectors: Healthcare (medical devices, AI-assisted diagnostic), Advanced Manufacturing (additive manufacturing, automation & robotics), Mobility (smart cities, EV, autonomous driving), Sustainability (waste management, water treatment & desalination) and Creative Industries (architecture, interior design, fashion). At the signing ceremony, Italiacamp was represented by Fabrizio Sammarco, CEO of Italiacamp srl and Leo Cisotta, General Manager of Italiacamp EMEA. Fabrizio Sammarco, CEO of Italiacamp added: " With this partnership, we strengthen our commitment to creating tangible opportunities for Italian businesses, fostering their international growth, and generating a positive impact for the country. Italiacamp was founded to connect innovation, institutions, and enterprises, and today we want to turn this vision into real value for Italy by bringing the talent and excellence of our ecosystem to new markets." Leo Cisotta, General Manager of Italiacamp EMEA: " The agreement marks a crucial step in Italiacamp EMEA's mission to support the internationalisation of Italian startups and SMEs. By fostering collaboration between innovative ecosystems in Italy and the UAE, we aim to create a bridge for cutting-edge technologies, research, and business opportunities. This partnership reinforces our commitment to enabling companies to scale globally and positioning Italian excellence at the heart of international innovation." Andersen Italia, the Italian member firm of Andersen Global, an international association of tax, legal and corporate finance firms, has pledged to bring 30 SMEs to Sharjah by 2027, in the following sectors: Waste management, Food security, Space, Robotics and automation, Traffic management, Logistics, AI diagnostic, Patient journey and Mental health. The MoU was signed by Andrea De Vecchi, CEO, Andersen Italia. ' Italian inventiveness is well renowned – Andrea De Vecchi said – and our startups need to find the perfect environment to develop, prosper, and differentiate themselves. In a dynamic global economy, I believe that the partnership between Italian businesses and the United Arab Emirates is a positive example of innovation and expansion. Since the two nations engage in a substantial amount of bilateral trade, the cooperation with SRTI Park aims to develop economic links, build support networks, and increase access to funding while also encouraging the entrepreneurial spirit of our country '. Bilateral Economic Ties The proposed collaborations with SRTI Park are in tune with the rapidly expanding trade ties between Italy and the UAE. In 2024, the bilateral trade volume crossed 4.8 billion euros in the first six months, registering a 26% growth compared to the corresponding period in 2023. Italy her emerged as one of the biggest players in the world in terms of innovation and tech startups. The country's startup ecosystem has seen remarkable growth over the past decade, with over 14,000 active startups as of 2023. These companies are contributing significantly to economic growth and employment. In terms of funding, Italian startups raised €2.1 billion in 2023 alone. The public sector has been actively supporting innovation through initiatives led by entities such the Cassa Depositi e Prestiti, which has sponsored in the last few years a large number of venture capital and private equity funds to indirectly support more than 40,000 innovative startups and SMEs.
Sharjah 24
20-02-2025
- Business
- Sharjah 24
UAE is hub for entrepreneurs, and Sharjah nurtures talent
The podcast featured a conversation with Hussain Al Mahmoudi, the Executive Director of the Sharjah Research Technology and Innovation Park. During the discussion, they explored various topics related to the economy, tourism, and investments. They highlighted how the park plays a vital role in encouraging creativity and technology. Additionally, they talked about the park's achievements in raising Sharjah's profile in these areas and identified the key sectors that it concentrates on. Hussain Al Mahmoudi shared in a conversation with 'Shams Talks' that his journey in the business world started in his school days, continued in his neighborhood, and later at university. Growing up in Sharjah, he experienced a supportive and creative environment that nurtured young Emiratis. About 40 to 45 years ago, youth centers were established in the emirate with the encouragement of His Highness the Ruler of Sharjah. These centers taught him about entrepreneurship and different professions, which played a big role in shaping his character. He was fortunate to receive a scholarship to study in the United States, where he focused on economics and communication. He began his career in the private sector with Emirates Petroleum Company as a brand manager. Later, he joined Dubai Internet City, where he played a key role in its development in the year 2000. He served as the Marketing Manager there before returning to the oil and gas industry with the international company Shell. During his eight years with Shell, he spent two years living in the Netherlands, where he gained valuable experience in the field. Al Mahmoudi has had a successful career with many big companies around the world, focusing on the idea of sustainable development, which means finding ways to meet our needs without harming future generations. He was instrumental in setting up the Sharjah Development Forum, a platform aimed at promoting sustainability, helping young people grow and thrive, and fostering cooperation between businesses and government organizations. This important initiative was backed by the Ruler of Sharjah, who also chaired the Forum. Following this, Al Mahmoudi became the Director General of the Sharjah Chamber of Commerce and Industry, and later took on the role of Executive Director at the Sharjah Research Technology and Innovation Park, where he continued his work in promoting development and innovation. He explained that the SRTI Park stands out for its emphasis on scientific research and its support for applied research. The park attracts cutting-edge technologies from around the world and focuses on developing national expertise in research, innovation, entrepreneurship, and knowledge transfer. Currently, it is centered on four key areas: transportation technologies, healthcare, sustainable green technologies, and advanced industries. One of its flagship initiatives is a significant center dedicated to transportation technologies, particularly in rail systems based in Sharjah. This facility will house a research center for trains, including a suspended train system, with a major company already on board, having invested around 80 million dollars. Our goal for the park is to eventually secure projects that will pave the way for establishing a comprehensive train manufacturing plant in Sharjah. Additionally, our laboratories are also exploring the bicycle industry, self-driving cars, and feature a 3D printing center equipped with advanced high-speed computers to facilitate digitization efforts. Al Mahmoudi highlighted the important role that the complex plays in promoting entrepreneurship. It hosts the Sharjah Entrepreneurship Festival in partnership with the Sharjah Entrepreneurship Center (Sheraa). Recently, we introduced the Deal Program, which works with local universities to help take students' innovative ideas and turn them into real businesses. The SRTI Park provides a supportive environment for entrepreneurship. We are also planning to launch a major project aimed at helping university graduates, particularly those in engineering and construction, to develop their projects. The speaker highlighted that the government wants to inspire people to start their own businesses. This goal is crucial for the country's financial health, as the UAE is known as a hub for entrepreneurs and a top choice for those looking to start new ventures. He emphasized that Sharjah stands out as a leader in promoting entrepreneurship and nurturing talent. He encouraged young people to take action and make the most of the support offered by the government.
Sharjah 24
29-01-2025
- Health
- Sharjah 24
SRTI Park reinforces its role in Innovation at Arab Health 2025
The event served as a key platform for SRTI Park to engage with global industry leaders, showcase its innovation ecosystem, and promote its latest initiatives supporting healthcare technology startups. Hussain Al Mahmoudi, CEO of SRTI Park, led the park's delegation, participating in discussions with investors, innovators, and key stakeholders in the healthcare sector. He visited several industry-leading exhibitors, including Doctory, a pioneering health-tech company that has developed a multi-functional smart medical chair and advanced medical examination device. During his visit, Al Mahmoudi threw light on how SOILab, the prototyping and innovation lab within SRTI Park, collaborated with Doctory in the design and 3D printing of these cutting-edge medical solutions. SOILab: The Future of Prototyping and Innovation A key highlight of SRTI Park's healthcare technology vision is the evolution of SOILab, a state-of-the-art prototyping facility enabling startups, researchers, and industry leaders to develop, test, and refine their innovations. With expanded capabilities in metalwork, electronics, textiles, robotics, and advanced digital fabrication, SOILab is reinforcing Sharjah's position as a global hub for health-tech innovation, medical device development, and AI-driven healthcare solutions. "At SRTI Park, we are committed to empowering innovators by providing access to world-class R&D facilities, industry expertise, and investment networks. Our mission is to create an environment where groundbreaking ideas in healthcare technology can flourish, transforming the way medical solutions are developed and implemented," said Al Mahmoudi. 'Doctory's revolutionary products developed at SOILab are at the forefront of healthcare innovation. Arab Health is more than an exhibition—it's an opportunity to share our vision for the future of healthcare and innovation with the world. We are here to shape the future, one groundbreaking idea at a time,' he added. Sharjah, a Hub for Healthcare Innovation The participation of SRTI Park in Arab Health 2025 underscores its strategic focus on healthcare technology, one of the park's priority sectors. By bringing together startups, established healthcare firms, and research institutions, the park continues to attract global players in biotechnology, digital health, and smart medical solutions. SRTI Park is rolling out the red carpet for health-tech entrepreneurs, medical researchers, and investors to explore collaboration opportunities within its innovation ecosystem, leveraging Sharjah's advanced infrastructure and commitment to technological excellence.
Zawya
29-01-2025
- Health
- Zawya
Sharjah Innovation Park reinforces its role in healthcare innovation at Arab Health 2025
Sharjah, UAE – The Sharjah Research, Technology, and Innovation Park (SRTI Park) reaffirmed its commitment to advancing healthcare technology through its presence at Arab Health 2025, the region's leading healthcare exhibition. The event served as a key platform for SRTI Park to engage with global industry leaders, showcase its innovation ecosystem, and promote its latest initiatives supporting healthcare technology startups. Hussain Al Mahmoudi, CEO of SRTI Park, led the park's delegation, participating in discussions with investors, innovators, and key stakeholders in the healthcare sector. He visited several industry-leading exhibitors, including Doctory, a pioneering health-tech company that has developed a multi-functional smart medical chair and advanced medical examination device. During his visit, Al Mahmoudi threw light on how SOILab, the prototyping and innovation lab within SRTI Park, collaborated with Doctory in the design and 3D printing of these cutting-edge medical solutions. SOILab: The Future of Prototyping and Innovation A key highlight of SRTI Park's healthcare technology vision is the evolution of SOILab, a state-of-the-art prototyping facility enabling startups, researchers, and industry leaders to develop, test, and refine their innovations. With expanded capabilities in metalwork, electronics, textiles, robotics, and advanced digital fabrication, SOILab is reinforcing Sharjah's position as a global hub for health-tech innovation, medical device development, and AI-driven healthcare solutions. "At SRTI Park, we are committed to empowering innovators by providing access to world-class R&D facilities, industry expertise, and investment networks. Our mission is to create an environment where groundbreaking ideas in healthcare technology can flourish, transforming the way medical solutions are developed and implemented," said Al Mahmoudi. 'Doctory's revolutionary products developed at SOILab are at the forefront of healthcare innovation. Arab Health is more than an exhibition—it's an opportunity to share our vision for the future of healthcare and innovation with the world. We are here to shape the future, one groundbreaking idea at a time,' he added. Sharjah, a Hub for Healthcare Innovation The participation of SRTI Park in Arab Health 2025 underscores its strategic focus on healthcare technology, one of the park's priority sectors. By bringing together startups, established healthcare firms, and research institutions, the park continues to attract global players in biotechnology, digital health, and smart medical solutions. SRTI Park is rolling out the red carpet for health-tech entrepreneurs, medical researchers, and investors to explore collaboration opportunities within its innovation ecosystem, leveraging Sharjah's advanced infrastructure and commitment to technological excellence.
