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 include digital transformation across government services, ensuring seamless interactions for investors and entrepreneurs.
A concerted effort has also been made to unify and integrate services across entities, reducing administrative burdens and fostering inter-agency collaboration. Infrastructure development remains pivotal, with investment directed towards improving road networks, logistics and free zones to strengthen connectivity. Additionally, international cooperation has been expanded, forging stronger bilateral ties to enhance trade and market access for local enterprises.
Which sectors present the greatest investment opportunities in the emirate?
AL MUWAIJI: Several sectors are primed for expansion.
Infrastructure development remains a key focus, driving opportunities in construction, logistics and public utilities. Population growth and urban development initiatives have bolstered investment in real estate. Tourism is another pillar of growth, supported by ongoing enhancements in hospitality, entertainment and cultural attractions. Education and health care investment is also accelerating, with efforts to attract international institutions and strengthen academic offerings, expand medical facilities and integrate advanced technologies in service delivery. Fields such as artificial intelligence and digital transformation are gaining traction, aligning with efforts to modernise government services and industry operations. Additionally, renewable energy and sustainable solutions are increasingly prioritised.
What solutions can be deployed to address the challenges businesses face in Ajman?
AL MUWAIJI: Competition, access to financing and the ability to adapt to digital transformation remain key hurdles for businesses, coupled with global economic shifts, raw material prices and evolving regulatory landscapes. Solutions include public-private partnerships and digital transformation initiatives, which help businesses stay competitive by streamlining operations and reducing costs. Investment in workforce training ensures a steady pipeline of skilled talent, while supply chain optimisation efforts strengthen local industries by enhancing export potential and improving logistical efficiencies. Furthermore, fostering an entrepreneurial ecosystem through support programmes and incubators empowers start-ups and small and medium-sized enterprises, ensuring sustainable economic expansion.
How can Ajman remain an attractive destination for investment while fostering local entrepreneurship?
AL MUWAIJI: Ajman Vision 2030 sets a clear roadmap for sustainable economic growth, emphasising a business-friendly climate, robust infrastructure and an agile regulatory framework. To maintain competitiveness, continuous investment in digital, logistical and renewable energy infrastructure is essential. Strengthening transport networks and communication systems facilitates trade and enhances investor confidence.
Periodic reviews and adjustments to administrative processes ensure that Ajman remains an attractive destination for both global enterprises and local entrepreneurs. Business incubators and accelerators play a crucial role in helping start-ups expand and enter new markets, while partnerships with universities and research institutions cultivate innovation and equip future generations with industry-relevant skills. These efforts reinforce Ajman’s position as a balanced ecosystem where both international investors and local enterprises contribute to a resilient and inclusive economy.
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