Ajman Department of Economic Development signs a MOU with The Business Year, an annual economic publication

The Department of Economic Development has signed a MOU with The Business Year (TBY) publication, a specialist in providing coverage of economic growth within emerging markets. The memorandum between the two parties is to cooperate in highlighting the attractive investment environment of the Emirate of Ajman by outlining the growth areas and sector performance. Similarly, to present the role-played by the Department of Economic Development in Ajman and its endeavors to provide an fertile environment for investors. Under this cooperation between the parties, The Department of Economic Development will become a strategic partner in the annual edition of the publication that would cover the economic activity in the UAE.

The parties were represented in the signing of the memorandum of understanding by Mrs. Fatima Ahmed Al Shamsi, Director of Corporate Communications from the Department of Economic Development in Ajman, and Mrs. Betul Cakaloglu the Managing Director of the Middle East.

At the signing ceremony, Mrs. Fatima Ahmed Al Shamsi expressed the importance of this agreement, which “coincides with the strategic objectives of the Department of Economic Development; to attract and encourage investment in the Emirate of Ajman. Through utilizing TBY’s platforms and targeted distribution which reaches out to its global database of high-ranking government officials, decision makers, thought leaders, and investors, the DED can showcase the rich investment opportunities in the Emirate.”



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