Home » News » Emirates News Agency – 62% growth rate of business licenses for home business practice in Ajman

Emirates News Agency – 62% growth rate of business licenses for home business practice in Ajman

Ajman, December 5th / WAM / Ajman Economic Development Department announced a 24% increase in new license issuance, compared to the same period last year 2021, of 5,299 new licenses, while new industrial licenses got a 22% increase of 155 licenses in the last 15 months. in the last 11.

His Excellency Abdullah Ahmed Al-Hamrani, Director of the Department, said the department’s annual report showed that licenses of the strengthening program for the development of small and medium-sized enterprises grew by 31%, while licenses for entrepreneurship to engage in domestic businesses, assets grew by 62% compared to 2021.

Al-Hamrani stressed that the growth of economy in Ajman Emirate is the department’s main goal, noting that the department celebrates its development achievement in conjunction with the country’s celebrations of 51st Union Day, which is a national occasion that invites us to be proud of our country.

Al Hamrani said that this synchronization doubles the department’s responsibility as the main advocate of the economic development wheel in the emirate and its commitment to continue the achievements and development support of its economic projects and initiatives to reach out to new and distinguished figures for the Emirate of Ajman.

He added: What the state has accomplished prompts us to envision its future, measure the size of our influence and our role in this march, and requires us to adhere to the values ​​of patriotism and loyalty, and to work in a professional spirit which strengthens our role in the process of economic rebirth of the state.

Al-Hamrani noted the enthusiasm of the Ajman economy for its continued excellence, achieving the economic vision of the Ajman Emirate, adopting policies characterized by transparency and flexibility, and bringing the competitiveness of the business environment to international level.

Mostafà Badr El Din

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