UAE: Ajman

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How has the GCC petrochemical industry been affected by the Covid-19 pandemic?

Officials from Ajman are hoping that investors can be convinced that size does matter when it comes to setting up shop and are taking the message to overseas markets that small and medium-sized enterprises (SMEs) can be a good fit for the Ajman Free Zone (AFZ).
The emirate of Ajman is looking to broaden its tourism horizons, investing in new upmarket resorts and facilities while also hoping to attract a greater slice of the UAE’s business and conference trade. It will, however, have to compete with many of its near neighbours, which have already established a strong position in the market and have the infrastructure needed to support their tourism industries.
Sharjah is looking to further reinforce its place as the centre of industrial production in the UAE, continuing to invest in projects designed to attract manufacturers to its shores while also stepping up efforts to promote the emirate as a prime investment destination.
The year 2009 was a turbulent time for global business, with the UAE in particular facing some stiff challenges. To say that Ras Al Khaimah (RAK) sailed through the economic hurricane untouched would be false, but thanks to sound economic planning, 2009 was a year of stable progress for the emirate.
As demand continues to rise, Ras Al Khaimah (RAK) is looking to bolster its power infrastructure. With plans for several new power plants under way, the emirate is following a strategy that utilises both traditional and sustainable energy sources, falling in line with global trends to maintain efficiency and respecting environmental concerns.

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