Ruwad gives $3.13m to 63 Emirati women’s businesses

INDUSTRIAL NEWS

The Sharjah Entrepreneurship Foundation (Ruwad) has supported 63 women-led projects worth AED11.5 million ($3.13 million) in the first half of 2026.

An affiliate of the Sharjah Economic Development Department (SEDD), the Foundation expressed its pride over the achievements of Emirati women and the influential role they have attained across various fields, particularly in entrepreneurship, where they have become key partners in building the economy, creating opportunities and transforming innovative ideas into sustainable businesses, an Emirates News Agency (WAM) report said.

Fatima Hassan Al Ali, Acting Director of the Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad), said that a total of 902 women-owned businesses are currently active within the Foundation’s membership network.

88 women-owned projects 

During the first half of 2026, she explained that 88 women-owned projects joined the Foundation’s membership network out of 291 new projects, representing 30.2% of the total.

In the field of training and capacity building, Al Ali said the cumulative number of women entrepreneurs trained by the Foundation by the end of 2025 reached approximately 6,550.

During the first six months of 2026, she added that 312 women entrepreneurs benefited from 18 training programmes and workshops organised by the Foundation, helping them develop the knowledge and skills required to establish, manage and develop businesses and respond to market requirements.

Hamad Ali Abdullah Al Mahmoud, Chairman of SEDD highlighted the support of President His Highness Sheikh Mohamed bin Zayed Al Nahyan for the advancement of Emirati women, reflecting the UAE leadership’s belief in their role as essential partners in building the nation and shaping its future. 

Pioneering role

He praised the pioneering role of HH Sheikha Fatima bint Mubarak, “Mother of the Nation”, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, in supporting and empowering Emirati women and strengthening their presence across various fields.

He noted that HH’s efforts have contributed to establishing an integrated Emirati model in which women’s empowerment has become a sustainable pillar of national development.

He also commended the support of HH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, for the emirate’s development journey and HH’s emphasis on people as both the focus and ultimate objective of development.

He further highlighted the role of HH Sheikha Jawaher bint Mohammed Al Qasimi in supporting women, families and society, as well as strengthening the presence of Emirati women in social, economic, cultural and community fields.

He added that the future is built by Emirati men and women together, with Emirati women performing complementary roles alongside men in the family, government and private sectors, as well as playing an increasingly important role in entrepreneurship through businesses they establish and manage with competence, professionalism and creativity.—TradeArabia News Service


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