Sharjah Asset Management strikes MoU with MBME Group

Sharjah Asset Management-MBME Group MoU
Image credits: Sharjah Asset Management | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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Sharjah Asset Management, the investment arm of the Government of Sharjah, has signed a Memorandum of Understanding (MoU) with MBME Group to deliver advanced technological solutions and digital services that support the Emirate of Sharjah’s digital transformation journey.

The partnership focuses on exploring and implementing innovative solutions across various sectors, driving sustainable growth and solidifying Sharjah’s position as a regional leader in innovation and digital transformation.

As per the statement, it is committed to providing high-quality digital services and developing technological solutions that align with the Emirate’s long-term vision.

The agreement was signed at the Sharjah Asset Management headquarters in the presence of His Highness Sheikh Saud bin Mohammed Al Qasimi, Deputy Chairman of Sharjah Asset Management, and Abdelhadi Mohamed, Managing Director and Group CEO of MBME Group.

According to the statement, it was signed by Omar Al Mulla, Chief Investment Officer at Sharjah Asset Management, and Taymour Shawky, Chief Business Officer of MBME Group, establishing a strategic partnership focused on developing and implementing innovative technology solutions in the Emirate of Sharjah.

Omar Al Mulla said that, “This partnership represents an important strategic step in supporting digital transformation in the Emirate of Sharjah. By integrating advanced technology solutions and innovative digital services, it will enhance operational efficiency and drive innovation across multiple sectors, in line with the Emirate’s vision of adopting smart technologies and developing an integrated digital ecosystem that improves quality of life and community well-being.”

“This partnership aims to establish a comprehensive framework for sustainable innovation. By combining our expertise in Fintech, EduTech, PropTech, and RetailTech, we are creating an advanced environment that supports business growth and accelerates digital transformation in Sharjah and the wider region,” noted Abdelhadi Mohamed.

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