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Ajman achieved a significant increase in the business confidence index

Media In – Ajman 2 July 2018 / WAM /

The Department of Economic Development in the Emirate of Ajman achieved a remarkable rise in the business confidence index of the emirate, which reached 116 points in the first half of 2018 compared to 109 points in the first half of 2016. This qualitative achievement reflects the positive prospects available within the local business and investment environment and is a continuation of the initiatives and efforts of the Department to enhance the investment attractiveness and competitiveness of Ajman on the local, regional and global business map. The rise in the business confidence index in Ajman is 7 points in the first half of 2018 compared to the first half of 2016, due to increased demand, construction opportunities, export growth and tourist seasons, which are seeing an increase in the number of tourists coming to the emirate. “The positive results of the composite index of business confidence in Ajman are the culmination of the Department’s ongoing efforts to organize economic affairs, revitalize the business sector in the emirate and provide the economic infrastructure required to diversify the economic base and develop economic sectors in line with the national trend,” said Zahra Al Bannai, Director of Planning and Business Development. To position Ajman among the most attractive destinations for investments locally and regionally. And Bannai explained that the survey results indicate a positive local business environment of optimism and look at companies about promising prospects and opportunities are pushing to move forward towards the upgrading of the services provided to the investment community and attract more investments to vital sectors, in pursuit of translating “see Ajman 2021” in expectations Drive sustainable development and establish the emirate’s reputation as a global destination for trade and investment. “

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