Ajman business

Ajman Ruler approves a budget of 2.42 billion dirhams for 2022

This represents an increase of 17% over the previous year. Image Credit: WAM Ajman: His Highness Sheikh Humaid bin Rashid Al Nuaimi, member of the Supreme Council and Sovereign of Ajman, approved a budget of 2.417 billion dirhams for Ajman’s government for 2022, 17% more than last year. Infrastructures, public …

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Air Arabia resumes city check-in services

Air Arabia, one of the leading low cost carriers to the Middle East and North Africa (MENA) region, has resumed city check-in services to Sharjah, Ras Al Khaimah and Ajman as part of of its efforts to relax the restrictions imposed following the Covid-19 pandemic. These city check-ins were created …

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Ajman reports 41% growth in commercial licenses in 2021

The growth rate in the number of economic licenses issued by Ajman’s Economic Development Department (Ajman DED) during the current year has reached 41%, according to a press report. Meanwhile, the number of establishments reached 27,913 and the Work Resilience Index reached 17%, the Emirates news agency reported. WAM. The …

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UAE cbank issues 7 commemorative silver coins

The Central Bank of the United Arab Emirates (CBUAE) has issued seven commemorative silver coins in a set to mark the 50th anniversary of the founding of the Union of the Federation of the United Arab Emirates. The ruling pays tribute to the founding fathers, led by the late Sheikh …

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Ajman Bank and EDB sign memorandum of understanding on credit guarantee for SMEs

Ajman Bank has signed an agreement with the Emirates Development Bank (EDB) to provide credit guarantee and co-loans to small and medium-sized enterprises (SMEs) in the United Arab Emirates. The MoU is part of EDB’s commitment to boost the SME ecosystem and industrial sector in the UAE and thereby increase …

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Yas Holding awarded “Diversified Company of the Year”

Yas Holding, the UAE-based investment group, received the “Diversified Company of the Year” award at the Enterprise Agility Awards event held recently in Dubai. The Enterprise Agility Awards 2021 are an annual awards ceremony hosted by Entrepreneur Middle East and presented by du. This awards ceremony aims to recognize individuals …

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SOHAR to provide Utas Suhar with a new AI lab

SOHAR Port and Freezone have signed a memorandum of understanding with Suhar University of Technology and Applied Sciences (UTAS), which will see the development of an AI lab on campus. Signed by SE. Dr. Saeed bin Hamad Al Rubaie, Vice Chancellor of the University of Technology and Applied Sciences and …

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In memory of Dr PA Ibrahim Haji: Indian salesman turned business mogul in the United Arab Emirates defending education and charity

Dr PA Ibrahim Haji, deceased today. Image Credit: Gulf News Archives Dubai: Rich tributes were paid to renowned UAE-based Indian businessman and philanthropist Dr PA Ibrahim Haji, who died on Tuesday. A resident of the United Arab Emirates for 55 years, the chairman of the PACE Education Group, co-chairman of …

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ION presents the region’s first fully autonomous public transport shuttle

UAE-based sustainable transport company ION has started operating a fully autonomous shuttle serving public commuters along the Ajman Corniche, the first development of its kind in the UAE and the wider region. . Prior to the launch of this route, autonomous vehicles were generally limited to non-public roads and trails …

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Ajman Free Zone signs new agreement with Ajman Chamber

As part of its efforts to expand partnerships across all sectors, the Ajman Free Zone recently entered into an agreement with the Ajman Chamber of Commerce and Industry. The agreement was signed by SE Eng. Ali AlSuwaidi, Director General of Ajman Free Zone, and HE Salem Al-Suwaidi, Director General of …

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