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Sharjah and China strengthen cooperation and partnership
Sharjah and China strengthen cooperation and partnership

Gulf Today

time04-06-2025

  • Business
  • Gulf Today

Sharjah and China strengthen cooperation and partnership

Sharjah Asset Management, the investment arm of the Government of Sharjah, has concluded a strategic visit to the People's Republic of China. The visit aimed to strengthen international cooperation and expand partnership opportunities between the two countries in the areas of research and development, knowledge exchange, and the exploration of promising opportunities in new sectors. This initiative is part of the broader efforts to enhance bilateral relations between the UAE and China and contribute to driving sustainable development in the Emirate of Sharjah. During the visit, Sharjah Asset Management signed a Memorandum of Understanding (MoU) with (CICC), in the presence of Sheikh Saud Bin Mohammed Al Qasimi, Deputy Chairman of Sharjah Asset Management; Omar Al Mulla, CEO Ossol Investment; Saeed Sharar, CEO Ossol investments; along with a group of CEOs and directors from Sharjah Asset Management, and a delegation representing the Bank of China. Sheikh Saud Bin Mohammed Al Qasimi, stated:'This agreement marks a new starting point for a fruitful collaboration with CICC. This partnership will open new horizons for research, investment, innovation, and the exchange of expertise and knowledge between both parties. It will also pave the way for meaningful achievements across key sectors such as finance, technology, and sustainable development, ultimately contributing to long-term economic progress.' A spokesperson from (CICC) affirmed that the partnership with Sharjah Asset Management reflects the company's commitment to strengthening Acooperation between China and the UAE, and to exploring new opportunities that this partnership offers—particularly in the fields of research and development. 'By leveraging our mutual strengths, we can address challenges and seize opportunities within our respective markets, while expanding our reach across regional and international markets,' the spokesperson stated. The Memorandum of Understanding outlines a joint commitment to collaborate on innovative research projects aimed at delivering practical and sustainable solutions that benefit both the Emirati and Chinese economies. It further seeks to enhance growth opportunities in vital sectors such as technology, financial services, environmental sustainability, and sustainable investment strategies. The MoU establishes a solid framework for joint research initiatives designed to foster innovative solutions and drive long-term, sustainable growth. The Memorandum of Understanding is expected to result in a series of joint initiatives, including the organization of specialized workshops and seminars, as well as the implementation of applied research projects that align with the strategic priorities of both parties. The focus will be on sustainable investment practices and innovative solutions that generate long-term economic benefits. This partnership reflects the shared vision of both sides to enhance international cooperation, achieve sustainable economic growth, and build strong strategic relationships. It lays the foundation for future partnerships that will further strengthen the economic ties between China and the United Arab Emirates. The company's delegation visited 23 leading Chinese companies across various key sectors to explore investment and cooperation opportunities. Among the visits were the Beijing Opera House and Stadium, accompanied by the Dafa Industrial Group. The delegation also explored the latest LiDAR technologies by 'Seyond', a leader in this advanced field, and examined promising investment opportunities and applications in the automotive and transportation sectors. During visits to ' and ' the delegation was introduced to potential collaboration in the fields of artificial intelligence, autonomous mobility, and robotaxi technology. The delegation also visited 'Ding Dong Limited' in Shanghai, a company specializing in the delivery of fresh foods, where they explored best practices in logistics, warehouse management, facilities management, and e-retail. Additionally, they visited 'H World Group', which operates over 11,000 hotels across 19 countries, to gain insights into hotel operations and discuss potential expansion and partnership opportunities in the Emirate of Sharjah. The UAE and China enjoy strong economic and trade relations, with China being the UAE's largest trading partner and the UAE remaining China's largest partner in the Middle East and North Africa region. Nearly 15,500 Chinese companies have operated in the UAE markets so far. Separately, Ras Al Khaimah Economic Zone (RAKEZ) recently concluded a multi-city business mission across China, further solidifying its role in advancing UAE-China trade and investment relations. The delegation participated in several high-level B2B engagements, the prestigious 'UAE – China (Sichuan) Economic & Trade Cooperation Promotion Conference' event, hosted by the Embassy of the UAE in Beijing, as well as the Invest UAE Roadshow in Guangzhou led by the UAE Ministry of Investment. WAM

Sharjah Asset Management concludes visit to China
Sharjah Asset Management concludes visit to China

Sharjah 24

time04-06-2025

  • Business
  • Sharjah 24

Sharjah Asset Management concludes visit to China

During the visit, Sharjah Asset Management signed a Memorandum of Understanding (MoU) with(CICC), in the presence of Sheikh Saud bin Mohammed Al Qasimi, Deputy Chairman of Sharjah Asset Management; Omar Al Mulla, CEO Ossol Investment; Saeed Sharar, CEO Ossol investments; along with a group of CEOs and directors from Sharjah Asset Management, and a delegation representing the Bank of China. Sheikh Saud bin Mohammed Al Qasimi, stated:'This agreement marks a new starting point for a fruitful collaboration with CICC. This partnership will open new horizons for research, investment, innovation, and the exchange of expertise and knowledge between both parties. It will also pave the way for meaningful achievements across key sectors such as finance, technology, and sustainable development, ultimately contributing to long-term economic progress.' A spokesperson from (CICC) affirmed that the partnership with Sharjah Asset Management reflects the company's commitment to strengthening Acooperation between China and the UAE, and to exploring new opportunities that this partnership offers—particularly in the fields of research and development. "By leveraging our mutual strengths, we can address challenges and seize opportunities within our respective markets, while expanding our reach across regional and international markets," the spokesperson stated. The Memorandum of Understanding outlines a joint commitment to collaborate on innovative research projects aimed at delivering practical and sustainable solutions that benefit both the Emirati and Chinese economies. It further seeks to enhance growth opportunities in vital sectors such as technology, financial services, environmental sustainability, and sustainable investment strategies. The MoU establishes a solid framework for joint research initiatives designed to foster innovative solutions and drive long-term, sustainable growth. The Memorandum of Understanding is expected to result in a series of joint initiatives, including the organization of specialized workshops and seminars, as well as the implementation of applied research projects that align with the strategic priorities of both parties. The focus will be on sustainable investment practices and innovative solutions that generate long-term economic benefits. This partnership reflects the shared vision of both sides to enhance international cooperation, achieve sustainable economic growth, and build strong strategic relationships. It lays the foundation for future partnerships that will further strengthen the economic ties between China and the United Arab Emirates. On the sidelines of the visit to China, Sheikh Saud bin Mohammed Al Qasimi, Vice Chairman of Sharjah Asset Management, met with His Excellency Hussain bin Ibrahim Al Hammadi, the UAE Ambassador to the People's Republic of China. The company's delegation visited 23 leading Chinese companies across various key sectors to explore investment and cooperation opportunities. Among the visits were the Beijing Opera House and Stadium, accompanied by the Dafa Industrial Group. The delegation also explored the latest LiDAR technologies by "Seyond", a leader in this advanced field, and examined promising investment opportunities and applications in the automotive and transportation sectors. During visits to " and " the delegation was introduced to potential collaboration in the fields of artificial intelligence, autonomous mobility, and robotaxi technology. The delegation also visited "Ding Dong Limited" in Shanghai, a company specializing in the delivery of fresh foods, where they explored best practices in logistics, warehouse management, facilities management, and e-retail. Additionally, they visited "H World Group", which operates over 11,000 hotels across 19 countries, to gain insights into hotel operations and discuss potential expansion and partnership opportunities in the Emirate of Sharjah.

Sharjah Asset Management concludes visit to China
Sharjah Asset Management concludes visit to China

Zawya

time04-06-2025

  • Business
  • Zawya

Sharjah Asset Management concludes visit to China

Sharjah: Sharjah Asset Management, the investment arm of the Government of Sharjah, has concluded a strategic visit to the People's Republic of China. The visit aimed to strengthen international cooperation and expand partnership opportunities between the two countries in the areas of research and development, knowledge exchange, and the exploration of promising opportunities in new sectors. This initiative is part of the broader efforts to enhance bilateral relations between the UAE and China and contribute to driving sustainable development in the Emirate of Sharjah. During the visit, Sharjah Asset Management signed a Memorandum of Understanding (MoU) with China International Capital Corporation (CICC), in the presence of Sheikh Saud bin Mohammed Al Qasimi, Deputy Chairman of Sharjah Asset Management; Omar Al Mulla, CEO Ossol Investment; Saeed Sharar, CEO Ossol investments; along with a group of CEOs and directors from Sharjah Asset Management, and a delegation representing the Bank of China. Sheikh Saud bin Mohammed Al Qasimi, stated:'This agreement marks a new starting point for a fruitful collaboration with CICC. This partnership will open new horizons for research, investment, innovation, and the exchange of expertise and knowledge between both parties. It will also pave the way for meaningful achievements across key sectors such as finance, technology, and sustainable development, ultimately contributing to long-term economic progress.' A spokesperson from (CICC) affirmed that the partnership with Sharjah Asset Management reflects the company's commitment to strengthening Acooperation between China and the UAE, and to exploring new opportunities that this partnership offers—particularly in the fields of research and development. "By leveraging our mutual strengths, we can address challenges and seize opportunities within our respective markets, while expanding our reach across regional and international markets," the spokesperson stated. The Memorandum of Understanding outlines a joint commitment to collaborate on innovative research projects aimed at delivering practical and sustainable solutions that benefit both the Emirati and Chinese economies. It further seeks to enhance growth opportunities in vital sectors such as technology, financial services, environmental sustainability, and sustainable investment strategies. The MoU establishes a solid framework for joint research initiatives designed to foster innovative solutions and drive long-term, sustainable growth. The Memorandum of Understanding is expected to result in a series of joint initiatives, including the organization of specialized workshops and seminars, as well as the implementation of applied research projects that align with the strategic priorities of both parties. The focus will be on sustainable investment practices and innovative solutions that generate long-term economic benefits. This partnership reflects the shared vision of both sides to enhance international cooperation, achieve sustainable economic growth, and build strong strategic relationships. It lays the foundation for future partnerships that will further strengthen the economic ties between China and the United Arab Emirates. On the sidelines of the visit to China, Sheikh Saud bin Mohammed Al Qasimi, Vice Chairman of Sharjah Asset Management, met with His Excellency Hussain bin Ibrahim Al Hammadi, the UAE Ambassador to the People's Republic of China. The company's delegation visited 23 leading Chinese companies across various key sectors to explore investment and cooperation opportunities. Among the visits were the Beijing Opera House and Stadium, accompanied by the Dafa Industrial Group. The delegation also explored the latest LiDAR technologies by "Seyond", a leader in this advanced field, and examined promising investment opportunities and applications in the automotive and transportation sectors. During visits to " and " the delegation was introduced to potential collaboration in the fields of artificial intelligence, autonomous mobility, and robotaxi technology. The delegation also visited "Ding Dong Limited" in Shanghai, a company specializing in the delivery of fresh foods, where they explored best practices in logistics, warehouse management, facilities management, and e-retail. Additionally, they visited "H World Group", which operates over 11,000 hotels across 19 countries, to gain insights into hotel operations and discuss potential expansion and partnership opportunities in the Emirate of Sharjah. About Sharjah Asset Management: Sharjah Asset Management is the investment arm of the Government of Sharjah. The company is committed to realizing its vision of enhancing economic and social development and driving sustainable economic growth in the emirate. This is achieved through partnerships with both the public and private sectors, encouraging investment, and promoting social responsibility by optimizing resources to meet the needs of Sharjah's community and ensuring their long-term well-being.

Al Dhaid Livestock Market prepares for Eid Al-Adha
Al Dhaid Livestock Market prepares for Eid Al-Adha

Sharjah 24

time04-06-2025

  • Business
  • Sharjah 24

Al Dhaid Livestock Market prepares for Eid Al-Adha

Comprehensive operational plan Talal Mohammed, Director of Central Region Markets, stated that the market is fully prepared to serve residents and visitors during Eid al-Adha through an integrated operational plan focused on service quality and efficiency. A dedicated team of veterinarians, inspectors, and qualified technicians will ensure the safety of sacrificial animals and the quality of operations within the market. Customer flow and services Mohammed emphasised the importance of implementing effective organisational measures to facilitate customer movement and enhance service efficiency, thereby increasing customer satisfaction. The market has designated two customer pathways: the green lane for customers transporting animals in their vehicles, allowing them to enter directly, pay the required fees, and receive a receipt and sequential numbers for their animals before heading to the slaughterhouse. Vehicles must be parked outside the market, where special parking is provided. The yellow line pathway is for customers purchasing animals, who will go to the nearby cashier, pay the fees, receive a receipt, and wait in a designated hospitality tent. Operating hours during Eid Al-Adha The slaughterhouse will operate on Arafah Day from 6 AM to 12 PM and from 4 PM to 6 PM. On the first day of Eid, the market will open from 6:30 AM to 2:30 PM, and on the second and third days, from 6 AM to 2 PM. Priority will be given to the slaughter of sheep and goats on the first day, with cattle and camels to be slaughtered after 11:30 AM. Commercial orders will be accepted starting at 10:30 AM on the third day. It is worth noting that the livestock market in Al Dhaid is one of the projects of Sharjah Asset Management, the investment arm of the Emirate of Sharjah.

Souq Al Haraj in Sharjah welcomes delegation from GADA
Souq Al Haraj in Sharjah welcomes delegation from GADA

Sharjah 24

time20-05-2025

  • Automotive
  • Sharjah 24

Souq Al Haraj in Sharjah welcomes delegation from GADA

The delegation included representatives from leading automobile dealership groups in China The delegation included representatives from leading automobile dealership groups in China, as well as companies specialising in the trade of new and used vehicles, e-commerce platforms, financing, insurance and leasing firms, used car valuation institutions, and traders of spare parts and vehicle accessories. Saeed Matar Al Suwaidi, Senior Manager - Souq Al Haraj, stated:'This visit represents an important opportunity to strengthen relations with one of the largest global markets in the automotive trade sector. Through this visit, we look forward to opening new avenues of cooperation with major international markets such as the Chinese market. We are constantly working to develop strategic relationships that support our vision of positioning Souq Al Haraj as a leading regional hub in this vital sector, and to reinforce Sharjah's status as a premier destination for investment in the automotive industry.' Tour During the visit, the delegation toured Souq Al Haraj and was briefed on its advanced infrastructure, efficient organisation, diverse vehicle offerings, and streamlined operations that distinguish the market. They were also introduced to the comprehensive services provided to customers and traders, which have contributed to Sooq Al Haraj's standing as one of the largest and most prominent car markets in the Middle East. It is worth noting that Souq Al Haraj in Sharjah is one of the key projects of Sharjah Asset Management, the investment arm of the Government of Sharjah.

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