# Sharjah’s Ruwad supported ten SMEs with AED 3.7 million in Q3

> The quarterly report also recorded 198 member-project contracts with 33 government entities.

- **Source date:** 2026-10-18
- **Original source:** [Emirates News Agency (WAM)](https://www.wam.ae/en/article/c2sztvm-ruwad-supports-projects-with-over-aed37-million)
- **Reading time:** 1 min read
- **Language:** English
- **URL:** https://voltformer.com/news/sharjah-ruwad-sme-finance-contracts-q3-2026
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## Sharjah’s Ruwad supported ten SMEs with AED 3.7 million in Q3

The Sharjah Foundation to Support Pioneering Entrepreneurs reported on 18 October that it financed ten small and medium-sized businesses for AED 3.727 million in the third quarter of 2026. It also added 168 projects to its membership and recorded 490 Eitimad licence transactions and 307 e-commerce licences.

Member businesses secured 198 contracts with 33 Sharjah government entities, worth AED 1.971 million during the quarter. The report also counted 351 entrepreneurs in skill-building programmes and 51 owners receiving specialised business consultations.

[Emirates News Agency (WAM)](https://www.wam.ae/en/article/c2sztvm-ruwad-supports-projects-with-over-aed37-million)

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