Ajman Chamber Reviews Its Completed And Ongoing Projects, Along With Its External Participation Plan

Date: 14/09/2024


Ajman Chamber Reviews Its Completed And Ongoing Projects, Along With Its External Participation Plan

H. E. Abdullah bin Mohammed Al Muwaiji, Chairman of the Ajman Chamber of commerce and industry (ACCI) Board of Directors, emphasized that under the stewardship of H. H. Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, the Emirate is experiencing significant advancements across various sectors, including ''social, economic, tourism, education, health, services, and infrastructure''. These developments are transforming Ajman into a contemporary, cohesive city known for its distinctive characteristics and as an optimal environment for residence, stability, and diverse investments. On the 43rd anniversary of His Highness's accession to power in Ajman, he conveyed heartfelt congratulations and blessings from the Ajman Chamber Board of Directors and its staff to H. H. Sheikh Humaid bin Rashid Al Nuaimi. He stressed the ongoing development in the Emirate of Ajman, guided by H. H. Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, and overseen by H. H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council. He further highlighted that realizing economic milestones is a strategic objective for the emirate to bolster and amplify its contribution to the UAE's economy, anticipated to expand by 6.2% in 2025 as per the Arab Monetary Fund's projections. This statement was made by him during his chairing of the Ajman Chamber's Third Board Meeting of 2024. The meeting was attended by H. E. Sheikh Sultan bin Saqr Al Nuaimi, Second Deputy Chairman of the Board of Directors, other board members, and H. E. Salem Al Suwaidi, Director General of the Ajman Chamber, at the Ajman Center for Entrepreneurship. The participants received an overview of the agenda and the Ajman Chamber's financial status from the start of the year to the end of August 2024. They were also updated on the outcomes of the Ajman Chamber's finished projects, the processes and procedures for executing ongoing projects, and the Ajman Chamber's engagement plan at both local and international levels to bolster efforts in attracting direct investments, enhancing the emirate's economic ties, and accessing new international markets. The Board of Directors has evaluated the "Automation of Internal Operations of the Financial Program" project. They considered its impact on enhancing efficiency, streamlining internal processes and operations, and aiding decision-making through the provision of precise and extensive data. Furthermore, the project contributes to increasing transparency and financial oversight, improving overall performance, and consequently, elevating the quality of the Ajman Chamber's services. The Board of Directors emphasized the importance of enhancing awareness about investment development in aquaculture. This aligns with the state's initiatives in food and water security and offers promising prospects for bolstering the manufacturing sector and expanding employment opportunities. The meeting addressed a report detailing the challenges confronting private sector, as well as the outcomes of Ajman Chamber's visits to its private sector members. Furthermore, it highlighted the innovative role of the Chamber's working groups in establishing a sustainable platform for direct and interactive dialogue with entrepreneurs in Ajman, and gathering their views and recommendations. The participants were briefed on the outcomes of the Ajman Chamber's international engagements and the initiatives undertaken to bolster Ajman's stature in the regional and global markets for business and investment. The objective is to boost the emirate's competitive edge and draw investments, positioning it as the favored choice for both local and global investors.