Ajman’s financial sector is expanding with support from national economic policies and regional investor confidence. The emirate’s banks and financial institutions are exploring new services in Islamic finance, financial technology, and sustainable investing. Public listings and capital markets are gaining momentum, while regulators implement risk management tools to enhance system resilience.…
Ajman, the smallest of the seven emirates, had a population of nearly 583,000 in 2024. With no proven oil reserves and minimal upstream gas activity, the bulk of its energy-related revenue comes from its expanding midstream and downstream industries and value chains. Through a range of development blueprints and roadmaps, the Ajman government is working to integrate sustainable practices into all areas…
Accounting for 18.8% of Ajman’s GDP, the emirate’s industrial sector spans a wide range of activities, from food packaging to artificial intelligence and robotics. In recent years, this priority sector has experienced consistent growth, driven by a strong entrepreneurial spirit and innovation. Leveraging its strategic location with proximity to two international airports, as well as a seaport on…
Ajman’s proximity to the larger emirates of Dubai and Sharjah and the extensive transport facilities therein have made the emirate an increasingly popular place to live and invest among international investors in recent years. Ajman’s transport infrastructure includes an extensive bus network and direct connectivity to the new Etihad rail system. The emirate is also becoming a dynamic business,…
The UAE’s economic development drive sees significant financing being channelled into infrastructure development, with Ajman – the smallest of the seven emirates – witnessing increased activity in the construction of commercial, residential and tourism-related facilities. Indeed, the construction sector was the third-highest contributor to the emirate’s GDP in 2023, aided by the robust performance…
The digital economy in Ajman is rapidly evolving, driven by advancement in technology and strategic initiatives aimed at fostering innovation and connectivity. The emirate benefits from high mobile penetration rates, reflecting the UAE’s status as one of the most connected countries globally. Widespread smartphone ownership has contributed to a jump in data consumption, particularly with the expansion…
