Business Confidence in Ajman Is Expected to Increase by First Half of 2019

Press release
Published January 30th, 2019 - 11:32 GMT
Issa Al Nuaimi, Director General of the Department of Economic Development Ajman
Issa Al Nuaimi, Director General of the Department of Economic Development Ajman

The Business confidence index field in Ajman for the first half of 2019 rose 18 points from the second half of 2018, confirming the business community’s continuous optimism over the emirate’s growth prospects. Positive expectations of stronger local and global economic performance resulted in the increase coupled with the rising opportunities in many expanding and vital industries in the emirate such as tourism and real estate.

The expected performance indicator covered key economic sectors, including manufacturing, restaurants, and hotels. The three were among the sectors that received the highest confidence level, while projections for transport and storage slightly decreased.

H.E Ali Issa Al Nuaimi, Director General of the Department of Economic Development – Ajman (DED-Ajman), attributed the increase in the business confidence level in the local sectors, which went up from 108 points in the second half of 2018 to 126 points for the first half of this year, to Ajman’s steady economic development that complements the UAE’s overall growth. 

He added: “The business community’s high confidence in Ajman affirms anew the emirate’s status as a distinct business and investment destination at the local and global levels. Overall, amid challenges facing many countries over the past year, the UAE has been able to record economic growth thanks to its successful relevant policies. The national government is expected to sustain and further improve this growth in the current year.”

The overall expected indicator recorded growth in the construction, wholesale and retail trade, real estate, and services sectors, in addition to the restaurant and hotel sectors, both of which recorded a qualitative outlook of 120 to 141 points.  The sectors that registered higher points were manufacturing, 130 points for the first half of 2019 from 107 points during the second half of 2018; construction, 128 points from 111 points; wholesale and retail trade, 113 points from 109 points; and real estate and business services, 132 points from 111 points.

Background Information

Department of Economic development-Ajman

The boom of Ajman’s now well established and highly competitive economy began with the Department of Economic Development (DED), a division of the Municipality and Planning Department, before it became an independent local authority in 2011. During that year, H.H. Sheikh Humaid bin Rashid Al Nuaimi, the Ruler of the Emirate of Ajman and a Member of the UAE Supreme Council, issued Emiri Decree No. (1) on the reorganization of the DED in Ajman to achieve the emirate’s sustainable economic development as well as create a fair investment landscape and consumer environment to attract national and foreign investments. The reorganization also sought to provide adequate information and data on the economic activities and investment opportunities in the emirate.

"قاطع الرؤوس" في قبضة الاستخبارات العراقية

Published February 23rd, 2019 - 09:39 GMT
مقاتلين من داعش/ أرشيفية
مقاتلين من داعش/ أرشيفية

أعلنت الاستخبارات العسكرية العراقية، أمس الجمعة، عن اعتقال قاطع الرؤوس في "داعش" على الحدود العراقية السورية، الذي ظهر في أكثر من فيديو وهو ينفذ عمليات إعدام.

وقالت المديرية في بيان على صفحتها في موقع "فيسبوك" إن "مفارز مديرية الاستخبارات العسكرية في الفرقة 15 ، وإثر معلومات استخبارية دقيقة، ألقت القبض على أحد الإرهابيين الذين تسللوا عبر الحدود العراقية السورية والمعروف بـ (قاطع الرؤوس)".

وأضافت أن "هذا الشخص معروف بقاطع الرؤوس"، وأنه "ظهر بعدة إصدارات للدواعش أمام أشخاص قام بقطع رؤوسهم في العراق وسوريا".

 


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