Ajman Economic Snapshot 2025
Click here to read our Ajman Economic Report and Investment Analysis 2025 online …
Click here to read our Ajman Economic Report and Investment Analysis 2025 online …
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 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 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 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…
In December 2024 Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, approved the emirate’s 2025 budget of Dh3.7bn ($1bn). The stated goal of the outlay is to support the emirate’s development plans, enhance community well-being, meet public needs and strengthen Ajman’s stature as a preferred destination for living, working and tourism. The priorities laid out by the…
Ajman has been making incremental progress in embedding sustainability across key sectors of its economy. As the smallest emirate in the UAE, its compact size offers many advantages in implementing its green agenda. In policy terms, Ajman has demonstrated a commitment to aligning with national sustainability goals, such as the UAE Vision 2030 and the UAE Green Agenda 2030. Ajman Vision 2030 is a comprehensive…
Trade between the GCC and the Association of SouthEast Asian Nations (ASEAN) has grown considerably in recent years as economies in both regions seek to capitalise on mutually beneficial opportunities, and diversify their trade and investment partners. Indeed, trade between the GCC and Asian countries classified as emerging and developing by the IMF increased 34.7% year-on-year to reach $516bn in…
As part of plans to expand and diversify its global trade partners and fulfil their respective national development strategies, the GCC has launched negotiations with the UK on a free trade agreement (FTA). This partnership is expected to bolster the bloc’s economy, help attract investment and provide greater opportunities for local businesses. In June 2022 the two parties signed a joint statement…
Ajman Vision 2030 is the second such emirate-level strategic plan guiding progress and development with the previous iteration, Ajman 2021 having been launched at the World Government Summit 2014 in Dubai. The principle aim of Ajman 2021 was to create a happy society, resulting in a green economy supported by a comprehensive and well-run government. Subsequently, Ajman Vision 2030 was launched in March…