News

Sharjah delegation meets 16 US entities in innovative technology and healthcare ripe for international expansion

Monday September 23rd, 2019

 

A high-level delegation from Sharjah represented mainly by the emirate’s economic and academic sectors, have spent a week exploring bilateral trade and investment relationships with 16 American entities in Pittsburgh, Pennsylvania, and Durham, North Carolina, from September 15–19.

This Sharjah – U.S. Trade & Investment Mission was the emirate’s latest step to buttress its economic diversification efforts by bringing in top global expertise into the emirate’s fast-growing non-oil sectors. The visit, facilitated by the US–UAE Business Council, was focused on showcasing Sharjah’s interest in attracting American investments in healthcare and innovate technology sectors to the governments and businesses in both cities.

The Sharjah delegation, comprised HE Marwan bin Jassim Al Sarkal, Executive Chairman of the Sharjah Investment and Development Authority (Shurooq); HE Hussain Mohamed Al Mahmoudi, CEO of Sharjah Research, Technology and Innovation (SRTI) Park; Mohammed Juma Al Musharrkh, CEO of Invest in Sharjah; Dr. Amina Mohammed Almarzouqi, Acting Dean of the Health Sciences College at the University of Sharjah (UoS); and Marwan Alichla Head of Investment Promotions at Invest in Sharjah.

They were in robust meetings with 25 government officials, including Pittsburgh’s Mayor, William Peduto, and a wide variety of companies ranging from Fortune 500 companies to innovative startups and SMEs ripe for international expansion. The Sharjah delegation also met academics and non-profit organisations in both cities.

The entities they met with belonged to these ten sectors: education, biotechnology, network technology, research and development, healthcare, textile engineering, investment services, start-ups and study & analytics. The sectors were carefully selected to further Sharjah’s sustainable development goals, boost its incremental efforts to enhance its education sector and offer itself as a regional hub for tech and innovation SMEs.

During a meeting in Durham with Michael S. Regan Secretary of the North Carolina Department of Environmental Quality, the Sharjah delegates offered key information about how American businesses could tap into not just UAE’s but Middle East-wide opportunities in R&D, technology and healthcare with Sharjah as their operational base. They met with representatives of Research Triangle Park Frontier Campus, North Carolina Biotechnology Center, and Nonwovens Institute, the world’s first accredited academic programme for the interdisciplinary field of engineered fabric. The delegation also went to the SignalPath headquarters in Raleigh, the first of its kind platform to be built by researchers, for researchers in the healthcare sector.