Sharjah Asset Management launches new corporate strategy for 2023-25

Sharjah Asset Management launches new corporate strategy for 2023-25

Sharjah Asset Management Company, investment arm of the Government of Sharjah, on Tuesday announced the new institutional strategic plan for the 2023-25 to promote the economic and social development of the Emirate of Sharjah.

The new strategy, which is approved by the company's board of directors, will be implemented in partnership with various public and private sectors.

"Investment and social responsibility promotion is encouraged through optimal use of resources to meet the needs of the Emirate’s society and ensuring its sustainable well-being," according to the statement issued by the company.

The new strategy was outlined during a meeting held recently, chaired by Waleed Al Sayegh, CEO of Sharjah Asset Management.

Ibrahim Al Houti, CEO of Osool Services; Naila Al Meraikhi, executive director of Strategic and Excellence Department, senior leaders, executives, heads of departments and sections, company employees, and affiliates attended the meeting.

“Since the launch of Sharjah Asset Management 15 years ago, we have perfected our recipe for success through thoughtful and balanced investments, while setting high standards of sustainability, governance, transparency, and flexibility in dealing with local and international events and variables in our considerations," Waleed Al Sayegh said.

"We have additionally succeeded in building two basic streams of wealth. First is the product of