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Who Owns ASMAK? Sharjah Government, Seafood Markets & UAE Food Security (2026)

Last verified Jun 21, 2026 · sources cited at end of post
By 1 min read
International Fish Farming and Holding Company PJSC - Asmak 
International Fish Farming and Holding Company PJSC - Asmak 

ASMAK is a UAE-based seafood company — one of the largest integrated fish and seafood processors and retailers in the country, operating fish markets, retail outlets, and food service supply under the ASMAK brand. Owned by the Government of Sharjah through its investment entities, ASMAK plays a key role in UAE food security strategy.

ASMAK — Key Facts (2026)
Full NameASMAK (Al Sharq Fish Company / ASMAK LLC)
OwnerGovernment of Sharjah (through Sharjah Asset Management)
HeadquartersSharjah, UAE
OperationsFish processing, retail fish markets, food service supply
CoverageUAE (Sharjah, Dubai, Abu Dhabi, Northern Emirates)
ProductsFresh fish, frozen seafood, value-added processed seafood

Who Owns ASMAK?

ASMAK is owned by the Government of Sharjah — through Sharjah Asset Management (SAM), the emirate’s investment and asset management arm. This government ownership reflects Sharjah’s strategy of maintaining control over key food supply chain assets as part of UAE food security initiatives. ASMAK is not publicly listed — it operates as a government-owned enterprise under the Sharjah government’s commercial portfolio. The brand operates fish retail markets, processing plants, and food service supply operations across the UAE, making it one of the most visible government-run food companies in the Northern Emirates.

ASMAK’s Role in UAE Food Security

Seafood is a cornerstone of Emirati cuisine and culture, and ASMAK’s government ownership ensures that fish supply, pricing, and quality in Sharjah’s markets are regulated through a state entity rather than purely private operators. ASMAK runs fish processing and cold storage facilities, retail fish markets (integrated wet markets), and supplies to hotels, restaurants, and catering companies across the UAE. It sources fish from local UAE waters (Arabian Gulf, Gulf of Oman) as well as international suppliers from South Asia, Southeast Asia, and East Africa.

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