Ruwad, the Sharjah Foundation to Support Pioneering Entrepreneurs affiliated with the Sharjah Economic Development Department, provided AED3.727 million in financing to 10 small and medium-sized enterprises in the third quarter of 2026. Its report said nine projects received AED2.727 million directly and one received AED1 million through a bank. Financing extended to 14 projects from the start of the year through September totalled AED5.361 million.

During the quarter, 168 projects joined the membership network, while member businesses secured 198 contracts worth AED1.971 million from 33 Sharjah government entities. The foundation also recorded 490 Eitimad licence transactions and 307 e-commerce licence transactions, and its training programmes reached 351 entrepreneurs. These are period activity measures for Ruwad’s support and procurement programmes, not new private investment or business turnover.