:: Ajman DED ::

Investment in Ajman

According to the Commercial Companies Law/Federal Decree No. 26 of 2020, some provisions of the Federal Law No. 2 of 2015 were amended, and this included the amendments of the provisions that stipulated that the competent authority has the right to allow foreigners to own 100% of all economic activities except for a list of activities with a strategic impact. The Commercial Companies Law guarantees that foreign companies are treated like national companies in terms of benefits, guarantees, facilities, and all factors being utilized to maintain the permanence of investors' business.

The most promising sectors in Ajman:

Advanced Agriculture (Aquatic - Vertical - Photovoltaic - Organic)
Renewable energy activities
Specialized medical industries and services
Aerospace industries
Organic and halal food and beverage industry
Research and development centers
E-Commerce
Distance education and training
Advanced electronic software (3D printing, artificial intelligence (AI), and similar activities)
Advanced and satellite communication technologies and services activities

The Investment Environment in the UAE
The United Arab Emirates is ranked first in the Arab world in the volume of incoming FDI inflows (according to the available figures), which clearly indicates the great competitive advantage of the UAE as an investment destination preferred globally and regionally due to its strategic and distinct geographical location, situating it at the crossroads to the worlds' continents, while being a link between East and West. This competitive position of the UAE formed a strong catalyst for foreign investors entering the UAE market and expanding and reaching global and regional markets.

The UAE also enjoys a free and open economy, and is characterized by positive laws and regulations, laws on protecting intellectual property, in addition to the ease of doing business.

Why the Emirate of Ajman?

Emirate of Ajman is one of the seven emirates of the UAE, and it is characterized by the general features of the UAE; however, Ajman enjoys high value-added features that ideally help in doing business, such as lower operational costs, providing promising investment opportunities, especially in the industrial, tourism, and service sectors; availability of skilled labor; and other features.

260 square kilometres and with a population 373,000
Ajman has a subtropical, arid climate
26 km long coastline on the shore of the Arabian Gulf
ranked third among the seven emirates in terms of its industrial renaissance

Ajman also combines an ancient heritage spanning many years of its history and the present time in which it is seeking to achieve the most modern and growing forms of development.

Export Environment in Emirate of Ajman

Emirate of Ajman is aware of the importance of exports in increasing the national income, as exports are the basis for the UAE foreign trade. They also contribute to building a distinct economy, help attract investment, create new added-value projects, and thus increase growth rates. Therefore, establishing Ajman's position as a local and regional destination for exports is one of the most significant strategic goals of Ajman.

Ajman has 5 industrial zones and two free zones with an area of about 6% of the total area of Ajman. In addition, the total valid licenses in such industrial zones are estimated at about 31% of the total licenses in the Emirate.

The Department of Economic Development (DED) always strives to enhance the export environment in Ajman. Accordingly, the Department signed several agreements with the aim of developing Ajman's exports. The DED signed agreements and memoranda of understanding with the local authorities in Ajman, and signed a memorandum of understanding with DP World to provide Ajman's exporters with the benefits of the World Logistics Passport (WLP) services.

What is the World Logistics Passport (WLP)?

It is a high-quality logistical services and facilities provided by the Ports, Customs, and Free Zone Corporation, DP World and its affiliated parties, to the Ajman's exporters registered in this Program within certain criteria. The DED signed an agreement with the concerned authorities, whereby exporters in the private sector benefit from this agreement. This agreement is based on benefiting from the multi-modal logistical facilities in Dubai, and it primarily aims to open new markets for Ajman’s exporters and to enter global markets.

The most important services provided by the DED in cooperation with DP World through the WLP
1. Providing Ajman's exporters with benefits from the facilities granted to the WLP beneficiaries.
2. Providing Ajman's exporters with easy access to global markets and opening new markets.
3. Exchanging knowledge and skills in the field of multi-modal transport service management, smart logistics, automation and technologies.
4. Establishing and strengthening the relationship of the parties through networks, conferences, visits and other means of international business activities.