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Media In Ajman 13 / 04-2019 / WAM
HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, reviewed the results of the 2018 Doing Business report in Ajman, which showed progress in results on many indicators.
The emirate was ranked first in the Arab world and fifth in the world of property registration by 2.4 points from the first place in the world and the emirate ranked second in the Arab world and ranked 14th in the world after it was ranked 35 in 2016, when measuring four indicators are the commercial activity and the issuance of building licenses and registration Property and contract enforcement and other federal indicators calculated from the report of the UAE and represented in the Emirate of Dubai.
HH Sheikh Ahmed bin Humaid Al Nuaimi, Representative of His Highness the Ruler of Ajman for Administrative and Financial Affairs and Head of the Department of Economic Development and Sheikh Abdul Aziz Bin Humaid Al Nuaimi, Head of Land Department and Real Estate Regulatory Authority, attended the meeting. His Excellency Dr. Hagar Saeed Al Hubeishi, Executive Director of the Ajman Center for Statistics and Competitiveness These results, through which the emirate of Ajman achieved the first place in the world and in the Arab sub-indices in terms of the number of procedures and time taken, which is comparable to the most important global economies, where only requires one procedure in the Emirate and the completion of registration within a day One.
The World Bank report said that Ajman has achieved the fifth position globally in the enforcement of contracts and progress in the sub-index by reducing the time spent in the separation of business issues 42 days for 2016.
The emirate has also achieved remarkable progress in the business hub ranking to rank higher than the GCC average and also significantly reduced the cost of starting a business.
The report pointed out that the Emirate of Ajman has achieved remarkable progress in the global ranking to be higher than the average of the GCC countries and the average of the countries of the Organization of Economic Cooperation and Development of high income and achieved the first Arab sub-index of the time taken to extract building permits and is the fastest on The level of Arab countries has also achieved a quality building index of 11 points while the highest in the world is 15 points.
The emirate has also outperformed many of the sub-indices at the level of GCC and high-income OECD countries.
