SAEED opens new SRTIP branch to accelerate business growth

SAEED opens new SRTIP branch
Image credits: WAM | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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The Sharjah Investors Services Center (SAEED) has opened a new branch at the Sharjah Research, Technology, and Innovation Park (SRTIP).

The move aims to reinforce the gains from the emirate’s 44 percent surge in foreign direct investment (FDI) in 2024.

Further, the expansion aims to streamline business setup, attract further investment, and reinforce the emirate’s position as a global economic hub.

The event highlighted SAEED’s journey in 2024 supporting more than 100 entrepreneurs, facilitating the registration of over 100 new companies, and providing aftercare services to more than 2,500 investors and businesses. By adopting advanced and innovative technologies, the center has also reduced transaction completion times by 25 percent, greatly increasing administration efficiency.

Hamad Al Shamsi, Manager of the SAEED Center, noted that since its establishment, the center has built trust and credibility among business owners and investors by offering a conducive environment for success, aligning closely with Sharjah’s broader economic development objectives.

He stated that the establishment of the new branch at SRTIP was motivated by its strategic convenience and ideal location, situated between Sharjah International Airport, University City, and the emirate’s free zones, providing easy access for entrepreneurs.

Commenting further, Al Shamsi noted that, “Investor and business service centers are integral in modern economies, and entrepreneurs require easy access to reliable market data to understand trends and identify opportunities. These centers also facilitate connections with companies, institutions, and relevant government entities, further supporting business growth.”

According to the statement, the launch of the new branch coincides with Sharjah’s economic expansion and notable growth across the emirate’s diverse sectors. In 2024, the emirate’s free zones drew more than 1,600 companies globally, fueling a growing need for specialized services that support entrepreneurs and businesses.

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