The Ajman economy has been,
since ancient times, relying on fishing
and trade, which helped enable Ajman to
enjoy a distinctive status among the other
Emirates. Ajman has witnessed in recent
years rapid economic development and numerous
construction projects have been complete
& Commercial and industrial activities
have recorded remarkable growth with the
ushering of Ajman into an era of heavy industry.
In view of these economic achievements,
completion of the infrastructure, Ajman
witnessed drastic changes. Nowadays the
Emirate is self-reliant on its own resources
in a number of food items and industrial
products as well as exporting some of its
manufactured products abroad. Ajman is established
itself as a business center attracting investors,
whether local, Arab or foreigners.
Ajman
provides many incentives and advantages
which have contributed in activating and
promoting industrialization in particular
and various business sectors in general.
Among the advantages enjoyed by Ajman is
its central position to the other cities
of the UAE, the relatively Lower rents of
real estate and land, together with the
numerous benefits of a Free Zone, in addition
to a well planned new industrial area which
has been provided with all the services
and utilities to accommodate various industrial
and business activities. All the above advantages
and incentives have effectively helped in
encouraging businessmen and investors from
various parts of the world to identify Ajman
as an ideal base for their projects, leading
consequently to a marked growth in the various
economic sectors in the last few years.
The sagacious
directives of His Highness Shaikh Humaid
bin Rashid Al Nuaimi, member of the Supreme
Council and Ruler of Ajman and his keenness
to instruct the competent bodies to remove
all obstacles hindering business activities
paved the way for realization of remarkable
achievements on the economic front. Thus
within a short span of time Ajman has emerged
as a modern city equipped with principal
public utilities. Despite the modernization
efforts Ajman has preserved its ancient
traditional character, becoming a city combining
technological achievements of modern times
and the cultural wealth of bygone years.
