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Economic View

How green solutions are shaping transport options in Saudi Arabia

On how green solutions and regulatory reforms are shaping transport options in the Kingdom In what ways is the car rental and mobility industry adapting to cater to international visitors and business travellers? AZFAR SHAKEEL: Saudi Arabia’s booming tourism industry, driven by large-scale infrastructure projects, global sporting and entertainment events such as Formula 1 and Riyadh…

Economic Snapshots

Ajman Economic Snapshot 2025

Click here to read our Ajman Economic Report and Investment Analysis 2025 online …

Economic View

Libya builds trade finance on local and regional growth

On the changing commercial ecosystem and how governance reforms are evolving to align with international standards How do you evaluate the trade finance landscape? MOHAMMED ALI ADDARRAT: Letters of credit remain the cornerstone of Libya’s trade finance landscape, initially dominated by imports of finished goods, such as food products, for consumer and public sector markets. Over the…

Interview

Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman; Chairman, Ajman Executive Council: Interview
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Interview:Sheikh Ammar bin Humaid Al Nuaimi How has Ajman positioned itself as a model for economic diversification in the UAE? SHEIKH AMMAR BIN HUMAID AL NUAIMI: In recent years Ajman has transformed into a dynamic commercial centre, with non-oil sectors contributing a significant share to GDP. Industry, trade and tourism have experienced notable expansion, supported by regulatory enhancements…

Interview

Abdullah Mohammed Al Muwaiji, Chairman, Ajman Chamber: Interview
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Interview:Abdullah Mohammed Al Muwaiji In what ways is Ajman working to maintain its competitive edge as a regional centre for business? ABDULLAH MOHAMMED AL MUWAIJI: Ajman has taken significant strides to streamline business operations, attract investment and cultivate an environment conducive to long-term economic growth. The impact of these efforts is evident in the 16% growth in business…

Interview

Saeed Saif Al Matrooshi, Secretary- General of Ajman Executive Council: Interview
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Interview:Saeed Saif Al Matrooshi How is Ajman strengthening its position as a destination for living, working and tourism? SAEED SAIF AL MATROOSHI: Ajman’s strategic location and commitment to sustainable development are driving its efforts to enhance appeal for residents, businesses and visitors. Regulatory efficiency, investment-friendly policies and investment in modern infrastructure…

Interview

Saif Al Suwaidi, Director-General, Ajman Department of Economic Development: Interview
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Interview:Saif Al Suwaidi What strategies aim to boost government revenue and foster a business-friendly environment in alignment with the emirate’s economic strategy? SAIF AL SUWAIDI: Ajman Vision 2030 sets a roadmap for creating an ecosystem that fosters innovation, entrepreneurship and economic sustainability. Revenue diversification is a cornerstone of the strategy, achieved by promoting…

Interview

Dr. Thumbay Moideen, Founder and President, Thumbay Group: Interview
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Interview: Dr Thumbay Moideen To what extent are digitalisation and innovation transforming health care services in Ajman? DR. THUMBAY MOIDEEN: Digitalisation is revolutionising health care by redefining and transforming both the delivery of services and the training of health care professionals in Ajman. Technologies like electronic health records, diagnostics driven by artificial intelligence (AI)…

Interview

Mahmood Khaleel Alhashmi, Director-General, Ajman Tourism Development Department: Interview
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Interview:Mahmood Khaleel Alhashmi How does Ajman balance rapid tourism growth with sustainable development and cultural preservation? MAHMOOD KHALEEL ALHASHMI: Ajman has positioned its rich cultural heritage as a cornerstone of its tourism strategy, leveraging it to stand out in a competitive market. The emirate’s initiatives, including the Ajman Heritage District, showcase its history and…

Interview

Mustafa Al Khalfawi, CEO, Ajman Bank: Interview
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Interview:Mustafa Al Khalfawi What factors drive growth in the banking industry? MUSTAFA AL KHALFAWI: Ajman’s banking sector is experiencing robust expansion, supported by a dynamic financial ecosystem and increasing economic opportunities. The industry’s profitability is driven by the adoption of Islamic banking, which is gaining momentum due to its ethical and sharia-compliant principles.…

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