Latest news with #HamadAliAbdullahAlMahmoud
Zawya
31-07-2025
- Business
- Zawya
Sharjah's Ruwad funds five projects in H1 2025
SHARJAH – The Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad), affiliated with the Sharjah Economic Development Department (SEDD), funded five new projects with a total value of AED 1.2 million during the first half of 2025. According to its semi-annual report, the funding included three professional projects and two commercial ventures. During the same period, Ruwad accepted 237 new projects into its membership programme and conducted 161 field visits to member enterprises. It also offered 69 specialised consultations, held 282 interviews with entrepreneurs, and responded to over 7,000 inquiries via phone. Hamad Ali Abdullah Al Mahmoud, Chairman of SEDD, highlighted that Ruwad's achievements reflect Sharjah's thriving entrepreneurial environment and the government's commitment to empowering Emirati youth in launching innovative and sustainable businesses. Fatima Al Ali, Acting Director of Ruwad, noted the foundation's ongoing efforts to equip youth through training, consultations, and promotional support. In the first half of the year, Ruwad delivered 23 training programmes that benefited 660 entrepreneurs, maintained a strong media presence, and actively participated in key academic and national events. Ruwad reported government procurement worth AED 3.6 million from its member projects. Additionally, seven contractual agreements were secured through its "Tashbeek" programme, along with several promotional initiatives aimed at increasing visibility for startups.
Sharjah 24
30-07-2025
- Business
- Sharjah 24
Ruwad funds five projects worth AED 1.2 Million in H1 2025
Growing membership and entrepreneurial support During the same period, Ruwad accepted 237 new projects into its membership programme and conducted 161 field visits to member enterprises. It also offered 69 specialised consultations, held 282 interviews with entrepreneurs, and responded to over 7,000 inquiries via phone. Strong government commitment to entrepreneurship Hamad Ali Abdullah Al Mahmoud, Chairman of SEDD, highlighted that Ruwad's achievements reflect Sharjah's thriving entrepreneurial environment and the government's commitment to empowering Emirati youth in launching innovative and sustainable businesses. Training, advisory services, and media engagement Fatima Al Ali, Acting Director of Ruwad, noted the foundation's ongoing efforts to equip youth through training, consultations, and promotional support. In the first half of the year, Ruwad delivered 23 training programmes that benefited 660 entrepreneurs, maintained a strong media presence, and actively participated in key academic and national events. Procurement and promotional initiatives Ruwad reported government procurement worth AED 3.6 million from its member projects. Additionally, seven contractual agreements were secured through its "Tashbeek" programme, along with several promotional initiatives aimed at increasing visibility for startups.
Zawya
17-07-2025
- Business
- Zawya
RUWAD funds $778mln worth of projects, welcomes 449 new members in 2024
SHARJAH: The Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), affiliated with the Sharjah Economic Development Department, has issued its annual report for 2024, revealing the funding of 13 projects worth AED2.86 million and the addition of 449 new projects to its membership network. The report coincides with the 20th anniversary of RUWAD's founding as a pioneering government entity in supporting leading national projects in the Emirate of Sharjah, and highlights its central role in empowering the local entrepreneurial ecosystem. Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department, said the establishment of RUWAD under a decree by His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, in 2005, marked a turning point. He affirmed that the Foundation has succeeded in establishing an early and effective government model for supporting entrepreneurship and empowering thousands of Emirati entrepreneurs. He added that RUWAD remains an inspiring and bright chapter in Sharjah's journey of investing in people. Fatima Al Ali, Acting Director of RUWAD, affirmed the Foundation's commitment to localising the entrepreneurial environment and driving it toward greater success. The 2024 figures showed that RUWAD organised 57 training programmes benefiting 1,414 trainees, provided 118 consultations, and granted 81 projects government fee exemptions amounting to AED8.727 million. Government purchases from member projects totalled nearly AED3.485 million. Amina Mohammed, Director of the Training, Research and Events Department, said RUWAD acts as an active connector, noting that last year saw 22 business matchmaking deals between projects, 17 development meetings with partners, and participation in 10 external events and exhibitions. Internally, the Foundation achieved an Emiratisation rate of 97 percent and a job satisfaction rate of 88 percent.
Al Etihad
16-07-2025
- Business
- Al Etihad
RUWAD funds Dh2.86 million worth of projects, welcomes 449 new members in 2024
17 July 2025 00:19 SHARJAH (WAM) The Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), affiliated with the Sharjah Economic Development Department, has issued its annual report for 2024, revealing the funding of 13 projects worth Dh2.86 million and the addition of 449 new projects to its membership report coincides with the 20th anniversary of RUWAD's founding as a pioneering government entity in supporting leading national projects in the Emirate of Sharjah, and highlights its central role in empowering the local entrepreneurial of the Sharjah Economic Development Department, Hamad Ali Abdullah Al Mahmoud, said the establishment of RUWAD under a decree by His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, in 2005, marked a turning point. He affirmed that the Foundation has succeeded in establishing an early and effective government model for supporting entrepreneurship and empowering thousands of Emirati entrepreneurs. He added that RUWAD remains an inspiring and bright chapter in Sharjah's journey of investing in Director of RUWAD, Fatima Al Ali, affirmed the Foundation's commitment to localising the entrepreneurial environment and driving it toward greater 2024 figures showed that RUWAD organised 57 training programmes benefiting 1,414 trainees, provided 118 consultations, and granted 81 projects government fee exemptions amounting to Dh8.727 million. Government purchases from member projects totalled nearly Dh3.485 of the Training, Research and Events Department, Amina Mohammed, said RUWAD acts as an active connector, noting that last year saw 22 business matchmaking deals between projects, 17 development meetings with partners, and participation in 10 external events and exhibitions. Internally, the Foundation achieved an Emiratisation rate of 97 percent and a job satisfaction rate of 88 percent.
Sharjah 24
16-07-2025
- Business
- Sharjah 24
RUWAD issues 2024 annual report, celebrating its 20th anniversary
Inspiring journey In his opening remarks, Hamad Ali Abdullah Al Mahmoud highlighted the significance of RUWAD, which was established in 2005 by His Highness Sheikh Dr Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. This initiative represents a key moment reflecting the leadership's belief in the important role that young people play in improving their communities and countries. The goal is to provide young entrepreneurs with the tools, resources, and support they need to make valuable contributions to the economy of Sharjah. Over the past twenty years, the Foundation has successfully created a model to help foster a vibrant environment for entrepreneurs. This model supports the growth of small businesses through effective organizational work and focuses on developing this important economic sector. It has assisted thousands of Emirati entrepreneurs, regardless of gender, by offering training, guidance, and resources to help them turn their ideas into successful businesses. These efforts not only boost the local economy but also enhance the variety and quality of services and products available in the community. Al Mahmoud emphasized that Ruwwad will continue to be a symbol of inspiration in Sharjah's commitment to investing in its people and nurturing their innovative ideas. Figures and achievements Fatima Al Ali, the Acting Director of RUWAD, highlighted that over the last 20 years, Sharjah has shown remarkable success by focusing on its most important asset—its people. She emphasized that supporting individuals is key to driving progress and achieving the city's goals. The Foundation is dedicated to creating a thriving environment for entrepreneurs in Sharjah, helping them reach new heights and continuous success. In 2024, RUWAD funded 13 new projects with a total investment of AED 2,860,000. They also welcomed 449 new projects into their membership network. Many existing projects renewed their membership, with 330 projects extending for a second and third year, and 135 projects continuing for their fourth and fifth years. The Foundation organized 57 training programs and workshops that benefited 1,414 participants. They provided 118 different consultations and conducted 220 visits to various projects. Additionally, 81 projects received support through a classification and evaluation program, and projects valued at AED 8,727,000 were given exemptions from government fees. Members of this organization made purchases amounting to about AED 3,485,000 last year. The number of projects joining business centers and incubation programs in Sharjah and beyond also grew to 36. Road to leadership and partnership Amina Mohammed, the Director of the Training, Research, and Events Department, spoke about how important government policies are in supporting entrepreneurship in Sharjah. She mentioned that these policies play a key role in boosting the local economy, encouraging innovation, and helping young leaders succeed. Amina highlighted that RUWAD serves as a vital connection between various projects and government agencies that support entrepreneurship. The organization organizes numerous activities and programs that foster partnerships and communication. She shared some successes from the past year, noting that there were 22 partnerships formed between projects, 17 visits and meetings organized with partners, 11 media visits, and 9 community initiatives launched. Additionally, RUWAD participated in 10 external events and forums, showcasing several member projects. On a more personal note, Amina mentioned that the organization has made significant strides in creating a positive work environment for its employees, achieving an impressive satisfaction rate of 88%. Furthermore, they have made notable progress in hiring Emiratis, reaching an Emiratisation rate of 97%.
