Sharakat – Transformation through Innovation
Sharakat invests for impact in Palestinian SMEs to strengthen food self-sufficiency, enhance the technology offer, and accelerate human development through health and education. Established in 2013, Sharakat is a fully-owned subsidiary of the Palestine Investment Fund.
Sharakat’s vision is a Palestinian state underpinned by an dynamic, knowledge-based economy, strengthened by sustainable agribusiness and thriving SMEs, and transformed through innovations in healthcare and technology. Sharakat’s mission is to strengthen Palestine's food self-sufficiency, enhance its technology offer, and accelerate human development through investments in agriculture, IT, education, and healthcare.
Sharakat’s $80 million investment program is guided by four strategic objectives:
For more on Sharakat’s work, please visit their website.
Nassim Nour is Executive Director of Sharakat, a Palestine Investment Fund (PIF) company with a $50 million growth capital fund focused on SMEs, agriculture, and technology. Prior to his tenure with Sharakat, Mr. Nour served as Chairman of the Palestine Ijara Islamic Leasing Company, a PIF and Palestine Islamic Bank partnership which offers leasing products to SMEs in the Palestinian market.
A seasoned private sector development expert and entrepreneur, Mr. Nour possesses over 25 years of experience across several African countries, Australia, and Palestine. Prior to his work with PIF, Mr. Nour was seconded by the government of the United Kingdom to advise Quartet Representative Tony Blair on private sector development, where he led the tourism and light manufacturing portfolio within the $10 billion Initiative for the Palestinian Economy. He also held several executive positions within the U.K. Department for International Development, including as head of the private sector development division.
A native of Bethlehem, Palestine, Mr. Nour is a Fulbright scholar with an MBE/Management Degree from Georgia State University and a Bachelor Degree in Business Administration and Accounting from Bethlehem University. He is married to Saheer Abu Leil—a dentist—and is the father of four children.