Service projects accounted for 31% of the total, with 171 projects, while commercial projects accounted for 67%, with 374 projects, and industrial projects accounted for 2%, with 11 projects.
According to the study, the investment expenses of about 545 of the member projects during their first year of operation were around DH 209,263,000.
The chairman of the Sharjah Economic Development Department, Sultan Abdullah bin Hadda Al Suwaidi, stated that developing the entrepreneurship sector, enhancing its role in the national economy, and creating a suitable environment for Emirati entrepreneurs to establish commercial projects capable of competing in the local, regional, and international markets, is an economic priority that the " "RUWAD " Foundation is working on in collaboration with all pertinent government entities and in collaboration with the private sector.
He went on to say that the Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD) was established under the wise leadership of the Emirate of Sharjah to play the role assigned to it in supporting the entrepreneurial environment and enhancing the success of entrepreneurial projects in the Emirate of Sharjah.
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