The Department of Economic Development - Ajman (DED-Ajman) signed a cooperative agreement with the Department of Economic Development (DED) in Abu Dhabi aiming to enhance collaboration, sychronisation and the exchange of knowledge on systems and solutions being established, in order to sustain the Economic Vision of both emirates.

The agreement calls the exchange of best practices and knowledge in lots of locations such as financial and tactical preparation, commercial industrial tourist legislation, investment development, evaluation and control, support solutions, trade and industrial regulations, competition and foreign trade, small- and medium-sized enterprises (SMEs), and research studies and research.

H.E. Ali Eissa Al Nuaimi, Director General of DED-Ajman, emphasized the Division's keenness on enhancing teamwork and exchange of know-how with various government agencies in functioning in the direction of accomplishing sustainable and varied economic advancement and triggering Ajman's business industry, along with advertising an appropriate environment to bring in local and foreign investments together with securing and managing companies and economic activities.

H.E. Khalifa bin Salem Al Mansouri, Performing Undersecretary of DED in Abu Dhabi said: "The contract will reinforce the efforts of unification and double work among all the economic advancement departments in the country." He additionally stressed the eagerness of DED in Abu Dhabi to forge comparable collaborations with all DEDs in UAE which he described will certainly add to the loan consolidation of common efforts and the sharing of experiences, efforts and pilot projects carried by each emirate for their mutual benefit.

H.E. Al Mansouri added that the results of this agreement will definitely contribute to the accomplishment of tactical purposes of financial advancement according to UAE Vision 2021. He particularly kept in mind that it will certainly promote the exchange of knowledge and innovative experiences targeted at updating the system of government services to levels going beyond assumptions and in accordance with the sensible management of the UAE's ambitions.

He also emphasized the passion of DED in Abu Dhabi to offer all types of assistance to various other DEDs and to promote their combination by sharing insights on successful campaigns and projects that have actually been established in Abu Dhabi in different areas.