Search DubaiPRNetwork.com

Dubai and UAE

Sunday, August 25, 2019/ Editor

Home >> Business and Economy

AFZ companies contribute 32% of Ajman's total exports and 60% of re-exports

AFZ companies contribute 32% of Ajman's total exports and 60% of re-exports

Home >> Business and Economy
- License Renewal percentage stands at 91% in first half of 2019
- Around 8000 companies now trade from Ajman Free Zone  
- Free Zone companies now contribute 32% of Ajman’s total exports and 60% of re-exports, according to Ajman Chamber of Commerce
- Investor companies attracted by wealth of benefits offered
 
Ajman, United Arab Emirates - August 25, 2019:  The number of businesses choosing Ajman Free Zone to locate their operations continues to increase in the first six months of 2019 with 8.23%. The total number now stands around 8000. 
 
In addition to this, there to 91% of those companies who were contractually obliged to re-new, with the demand for business offices representing the largest number of license types issued, followed by smart offices and then warehouses.  
 
The provision of licenses during the first half of this year covered a range of types including e-commerce, general trade and industrial licenses.   
 
According to Ajman Chamber of Commerce, during the period, Ajman Free Zone companies have contributed 32% of Ajman’s total exports and 60% of re-exports. 
The Free Zone’s endeavours to be the preferred destination for local, regional and international businesses have seen its participation in a diverse range of major trade fairs and conferences held with the UAE and in a wealth of overseas locations, including India, Russia and China.
 
The organization has been able to convey the myriad benefits on offer in the Emirate, including convenient access to ports and tax-exemption, as well as Ajman Free Zone’s innovative approach to the business set-up and management process which has undergone an ambitious digital transformation in the past six months. 
 “These figures reflect Ajman Free Zone’s appeal among business owners and the great benefits that we offer them, including smart applications and an e-platform that is aimed at making business management simple, easy and accessible from anywhere”, said H.E Fatima Salem, acting General Manager, Ajman Free Zone.
 
“We are working very hard to drive forward innovation in everything that we do, which is being very well received, and we are very pleased to welcome new companies to the Free Zone.  It’s also highly encouraging that existing Ajman Free Zone businesses have made expansion requests – they are obviously thriving and prospering.  We promise our full support in assisting both existing and new companies to achieve their goals,” she added. 

 

Share


Previous in Business and Economy

Next in Business and Economy


Home >> Business and Economy Section

Latest Press Release

NHRI Organizes Ninth Knowledge Lab on Workers' Rights

Mercato Wows Visitors with Circus Spectacles, Iconic Slide, and Weekly Cash Prizes This DSS!

RTA Calls on Motorists to Perform Routine Vehicle Checks and Servicing

Dubai Municipality launches ‘Future Talents' programme to train 200 students in future skills

Cigna Healthcare Becomes First Health Partner for UAE Startup Ecosystem Ignyte

Tomorrow Takes Flight: The Emirates Group showcases collaborative sustainability initiatives in avia ...

FDF hosts dialogue forum to showcase services in Al Khatim

Dubai Open Tennis Academies Championship Concludes with Resounding Success

Sharjah Chamber strengthens investment cooperation with Africa during first-ever trade mission to Ma ...

Khalifa Fund for Enterprise Development launches ‘Future Entrepreneur' program to enhance entreprene ...

Dubai Culture and National Youth Orchestra of Dubai Put UAE's Creative Youth on World Stage at Carne ...

UAEREP's 12th Rain Enhancement Hub Webinar Session Explores Eco-Friendly Cloud Seeding Technologies

Ajman Department of Tourism Development launches second edition of ‘Self-Exploration through Tourism ...

DSS 2025 Unveils AED 20 Million In Prizes With Citywide Raffles and Retail Promotions

Emirates SkyCargo doubles down on providing exceptional customer experience

The Emirates A350 begins regular operations to Muscat

Zoho Strengthens Support for UAE's Tech Sector By Partnering with DART

Dubai Launches Landmark Initiative Further Enabling First-Time Homeownership

SalamAir Releases 2nd Quarter (Q2) On-Time Performance Data

'School of Life' Brings a Summer of Enriching Experiences to Public Libraries