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Mon. Dec 23rd, 2024

Major Announcement: Content comes from the Internet : Economic licences in Ajman rise 15% since beginning of 2024

Summary

  • The percentage of issuance of new industrial and commercial licences increased by 14 percent.The top new licenced activities issued by the Department were: the sale of ready-made women’s clothing, building maintenance, and restaurants.The report also showed that more than 15,000 licences were renewed, with a growth rate of 9 percent. Industrial licences led the renewal activity with a rate of 10 percent, followed by professional and commercial licences at 9 percent compared to the same period last year. Additionally, more than 34,000 commercial permits were issued during that period.On this occasion, Abdullah Ahmed Al Hamrani, Director-General of the Ajman DED, stated, “These figures reflect the remarkable improvement in the business environment in the Emirate of Ajman, which enhances its position as a preferred investment destination for both local and international investors. These results embody the emirate’s efforts to facilitate business operations and streamline administrative and legislative procedures.”Al Hamrani added, “We are committed to continuing to support and enhance the business environment in the Emirate of Ajman, and to providing promising opportunities for investors and entrepreneurs, to achieving sustainable economic development and reaching new levels of economic prosperity.” Content comes from the Internet : Economic licences in Ajman rise 15% since beginning of 2024

Approximate Time

  • 2 minutes, 297 words

Categories

  • Economic licences, Industrial licences, business activity, licences, business operations

Analysis and Evaluation

  • A truly enlightening read, this piece cuts through the noise to bring clarity to key issues of the day.

Main Section

[World Times]

The report issued by the Department of Economic Development in Ajman (AjmanWorld Times DED) recorded a significant growth in business activity during the first half oWorld Timesf 2024, where the licence growth rate reached World Times15 percent compared to the first half of 2023, amounting to 37,755 active licences.

The increase in these indicators confirms the sustainability and vitality of the business sector in the emirate.

The report also indicated a 5 peWorld Timesrcent gWorld Timesrowth in the World Timesissuance of licences, with a total of 3,000 new licences issued during the first half. The percentage of issuance of new industrial and commercial licences increased by 14 percent.

The top new licenced activities issued by the Department were: the sale of ready-made women’s clothing, building maintenance, and restaurants.

The report also showed that more than 15,000 licences were renewed, with a growth rate of 9 percent. Industrial licences led the renewal activity with a rate of 10 percent, followed by professional and commercial licences at 9 percent compared to the same period last year. Additionally, more than 34,000 commercial permits were issued during that period.

On this occasion, Abdullah Ahmed Al Hamrani, Director-General of the Ajman DED, stated, “These figures reflect the remarkable improvement in the business environment in the Emirate of Ajman, which enhances its position as a preferred investment destination for both local and international investors. These results embody the emirate’s efforts to facilitate business operations and streamline administrative and legislative procedures.”

Al Hamrani added, “We are committed to continuing to support and enhance the business environment in the Emirate of Ajman, and to providing promising opportunities for investors and entrepreneurs, to achieving sustainable economic development and reaching new levels of economic prosperity.”

Content comes from the Internet : Economic licences in Ajman rise 15% since beginning of 2024

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