Ajman Economic Snapshot 2025

Ajman | Economy

Written on Apr 30, 2025 by Erick Pablo Economic Snapshots

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In UAE: Ajman

Supportive ecosystem: Abdullah Mohammed Al Muwaiji, Chairman, Ajman Chamber, on enabling foreign investment and local entrepreneurs

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 licences issued in 2024, reflecting a dynamic and competitive economic climate. Key measures incl…

In Economy

Harmony and progress: Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman; Chairman, Ajman Executive Council, on how the emirate is balancing tradition with development to support economic growth

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 and investment in infrastructure. Ajman Free Zone (AFZ) remains instrumental in attracting for…

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Financial Services and Banking in Oman 2025

Banking continues to be a key pillar of Oman’s financial sector, responsible for the majority of credit for individuals and institutions – both government-owned enterprises and the private sector. Recent years have seen credit and deposit expansion, with these growing along with banking services and the overall economy. The sector faces the challenges of enabling continued bottom-line growth while also tackling long-standing issues over expenditure. The adoption of more financial technol…