Sharjah and China strengthen cooperation and partnership

Sharjah Asset Management signs an MoU with China’s CICC to explore new horizons for research, investment and innovation between both parties

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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."