Page 7 - Al Tijarah - August 2021
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which helps companies and innovators   with international actors to develop   provided to investors in the UAE
         manufacture prototypes and has been   these industries and work on the   in general and Sharjah in particular,
         called the Sharjah Open Innovation   development of smart factories based   especially those investments working
         Laboratory - SOILAB, the first     on modern technologies to simulate   in the field of industrial and innovative
         incubator for startups and innovative   the fourth industrial revolution.  technology, as it provides all means of   50
         businesses in Sharjah.                                               support and empowerment to serve
                                            Hussain Al Mahmoudi, CEO of SRTI   those investments and help them grow
         Sharjah  Research,  Technology  and   Park, said: “We are pleased to offer this   and spread," noting that the Park
         Innovation Park is developing an   Innovators Package and we encourage   continues to create more packages and
         integrated working  system for  smart   start-ups to take advantage of this   services that make it a destination for
         industries in Sharjah in collaboration   golden opportunity and the facilities   innovative investors.

          SAIF Zone strengthens its position as a preferred                                                     SHARJAH ACTIVITIES

                    destination for iron and steel companies

         The  Sharjah  Airport International Free
         Zone  Authority has  strengthened  its
         regional position and attractiveness as a
         preferred  destination for  iron  and  steel
         companies.  This  is  following the  British
         company “Advance Armor Engineering”,
         which specializes  in  mechanical welding,
         cutting, manufacturing and processing of
         steel,  which is based in the SAIF Zone,
         announcement  regarding  the expansion
         of its investments in the region by renting
         new land with an area of 19,500 square
         feet, adding to 48,000 square feet, for a
         total of 67,500 square feet. With a total
         investment of 20 million dirhams, which
         strengthens Sharjah’s position as a leading
         centre for foreign investment and a
         preferred destination for global industries.

         The  announcement of Advance Armor
         Engineering’s expansion into  the SAIF   the UAE in general and the Emirate  of   excellence in various fields.
         Zone came during  the signing of  an   Sharjah, to bring the local industrial sector
         agreement  between the authority and   to  advanced  centres globally, especially   Simon Hurst said: “Our  announcement
         the British company by Saud Salem  Al   since Sharjah has an industrial base that   of the expansion of our  operations at
         Mazrouei, director of Sharjah International   is the largest in  the country  and  the   Sharjah International Airport stems from
         Airport Free Zone Authority, and Simon   region. Sharjah, he added, has succeeded   the success we have achieved in making
         Hurst, General Manager of the investment   thanks  to the  visions  and guidelines   the  Emirate  of Sharjah  a regional and
         company, in the presence of officials and   of His Highness  Sheikh  Dr. Sultan bin   global centre for  our  operations in the
         managers from both sides.          Mohamed  Al  Qasimi,  Member  of the   Middle East, North Africa and the world,
                                            Supreme Council and Ruler of Sharjah, in   thanks to the emirate’s strategic location
         Saud  Salem Al Mazrouei  stressed the   consolidating its position as an industrial   between East  and West,  as well as the
         keenness of Sharjah International Airport   destination that  keeps  pace  with global   facilities and support it provides and the
         Free Zone to support the efforts of   change and relies on innovation and   ideal benefits for our services.
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