SovereignWealthFunds.comSharjah Asset Management
Sharjah Asset Management: what it invests in
Geography Domestic and global
Sharjah Asset Management: how big it is, and on what basis
Sharjah Asset Management: what it publishes
Published 1 · Partly 4 · Not published 5
Our 10 item score. It measures what is public, not how well a fund is run.
At a glance. Sharjah Asset Management (SAM) is the investment arm of the Government of Sharjah, set up in 2008 to build reserves and grow the emirate's economy. It owns and runs local assets: markets such as Souq Al Jubail, the Al Saja'a Industrial Oasis, Sharjah Taxi, schools and a power plant supplying close to 40 percent of the emirate's electricity. It does not publish its asset size. S1 S3
Key points
- Portfolio covers infrastructure, education, energy, logistics, transport, real estate and IT across 12 sectors. S1 S4
- Holds a power plant that meets nearly 40 percent of Sharjah's electricity needs. S1
- Its 2026 to 2028 strategy targets higher portfolio value, profitability, revenue diversity and more partnerships. S5
- Opened a new headquarters in April 2026 beside a voco hotel developed with IHG Hotels & Resorts. S6
- Has local, real estate and international investment arms; its first overseas office was in Singapore. S1 S4
- SAM publishes no asset total, returns or financial statements. S7
Interesting facts
Mandate and goals
SAM works with public and private partners to invest in sectors vital to Sharjah, aiming for financial sustainability with visible social benefit and reserves for the future. S1 S3
How it invests
| Industries | Infrastructure and utilities, Energy: oil and gas, Real estate, Transport and logistics, Consumer and retail, Technology, Tourism and hospitality, Education S1 |
|---|---|
| Asset classes | Strategic state holdings, Real estate, Infrastructure, Private equity S1 |
| Stages | Infrastructure, Real estate, Buyout S1 |
| Geography | Domestic and global. Mainly Sharjah, with an international investments arm and an early Singapore office S1 S4 |
| Direct / through funds / co-invest | Yes / No / Yes S1 |
| Ticket size | No ticket size or deal values are published. S1 |
| Deal sizes seen | Not disclosed |
| External managers | No external manager use is published S1 |
| Co-investment programme | Partners on projects such as the voco hotel with IHG S6 |
Largest holdings: Souq Al Jubail, Al Saja'a Industrial Oasis, Sharjah Taxi, Saned Facility Management, Victoria International Schools, Power plant (about 40 percent of supply) S1
Published criteria
Past investments
| Year | Investment | Type | Sector | Stage |
|---|---|---|---|---|
| 2026 | voco hotel with IHG. Hotel next to the new headquarters, run with IHG Hotels & Resorts. S6 | Joint venture or partnership | Tourism and hospitality | Real estate |
| Not published | Power plant. Supplies close to 40 percent of the emirate's electricity. S1 | Direct investment | Energy: oil and gas | Infrastructure |
| Not published | Souq Al Jubail. Central fresh food market. S1 | New company or platform | Consumer and retail | Real estate |
| Not published | Al Saja'a Industrial Oasis. Industrial land and facilities. S1 | New company or platform | Industrials and manufacturing | Real estate |
| Not published | Sharjah Taxi. Taxi operator for the emirate. S1 | Direct investment | Transport and logistics | Buyout |
| Not published | Victoria International Schools. Private school group, alongside the French School. S1 | Direct investment | Education | Buyout |
Case studies
Headquarters and hotel district S6
- What: Opened a new head office near Sharjah International Airport and Souq Al Haraj, next to a voco hotel developed with IHG.
- When: April 2026
- Size: Not published
- Why: Pairs SAM's own base with a commercial hospitality asset in a growing area.
Keeping the lights on S1
- What: Owns a power plant that covers nearly 40 percent of Sharjah's electricity demand.
- When: Current holding
- Size: Not published
- Why: Secures a core utility under government ownership with steady income.
Investment process
A board chaired by Sheikh Mohammed bin Saud Al Qasimi oversees Group CEO Dr Waleed Al Sayegh and a team of chief officers for investment, markets, real estate, asset management and finance. S3
- Investment team sources local and international opportunities. S3 S1
- Real estate and asset management teams build and run projects. S3
- Partners are brought in for operations, as with IHG. S6
How to approach: Use the Call For Reach page or info@sam.ae; a separate route exists for new suppliers. No investment submission process is published. S1
Size and returns
- Headline size: Not published (Total assets (balance sheet)) S7
- Returns: the fund does not publish a return figure.
Leadership
| Name | Title |
|---|---|
| Sheikh Mohammed bin Saud Al Qasimi | Chairman S3 |
| Sheikh Saud bin Mohammed Al Qasimi | Deputy Chairman S3 |
| Dr Waleed Al Sayegh | Group Chief Executive Officer S3 S5 |
| Omar Ibrahim Almulla | Chief Investment Officer S3 |
| Ahmed Abdulkarim Almaazmi | Chief Financial Officer S3 |
| Mohammad Bin Essa | Chief Asset Management Officer S3 |
| Abdelaziz Ahmed Fikri | Chief Real Estate Development Officer S3 |
| Sultan Musabeh Alketbi | Chief Markets Management Officer S3 |
Governance and transparency
- Legal basis: Government-owned company, formed within the Sharjah Finance Department in 2008 S1
- Oversight: Board chaired by a member of the ruling family; reports to the Government of Sharjah S3
- A whistleblowing channel is published on the website. S1
Transparency score: 3.0 of 10 (band 2 of 5). Our own 10-item rubric; see the methodology page.
History
For family offices
SAM partners with operators and investors on Sharjah projects. It does not publish a co-investment programme for outside capital. S1 S6
Reports
- SAM news page: https://www.sam.ae/news/13 S7
Common questions
Who runs SAM?
Dr Waleed Al Sayegh is Group CEO; Sheikh Mohammed bin Saud Al Qasimi chairs the board. S3
When was it founded?
In 2008, within the Sharjah Finance Department. S1
How big is it?
SAM does not publish its asset size. S7
What does it own?
Markets, an industrial oasis, schools, a taxi company, facility services and a power plant, among others. S1
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Sources
Disclaimer
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