Ajman Department of Tourism, Culture and Media Signs MoU with Ajman Auto District to Boost Emirate’s Investment Landscape

Business

Ajman Department of Tourism, Culture and Media Signs MoU with Ajman Auto District to Boost Emirate’s Investment Landscape

The Ajman Department of Tourism, Culture and Media has signed a Memorandum of Understanding (MoU) with Ajman Auto District, marking a significant step toward strengthening cooperation in promoting Ajman’s business and investment environment.

The strategic partnership is designed to enhance the emirate’s position as a leading regional destination by fostering a business-friendly ecosystem that attracts investors, entrepreneurs, and visitors. Through shared services and incentives, the agreement aims to drive growth in the automotive sector and its related industries, further reinforcing Ajman’s commercial and investment landscape.

The MoU was signed by H.H. Sheikh Abdullah bin Ahmed bin Humaid bin Rashid Al Nuaimi and H.E. Mahmood Khaleel Alhashmi, in the presence of senior officials from both entities.

H.H. Sheikh Abdullah bin Ahmed bin Humaid bin Rashid Al Nuaimi emphasized that the MoU represents a landmark achievement in developing Ajman’s automotive industry and its support services.

“Through this cooperation, we aim to deliver integrated solutions that empower investors and entrepreneurs, opening up broader horizons for economic growth in line with Ajman’s vision to enhance its regional competitiveness,” His Highness said.

H.E. Mahmood Khaleel Alhashmi underscored the importance of the agreement in advancing public-private collaboration, highlighting its alignment with ADTCM’s mission to elevate Ajman’s tourism, cultural, and economic sectors.

“This partnership with Ajman Auto District will help create a more attractive and competitive business environment, reinforcing Ajman’s position as a preferred destination for investments and innovations,” Alhashmi said.

The agreement outlines cooperation in organizing events, exhibitions, and promotional activities showcasing Ajman’s economic strengths and readiness to host diverse strategic initiatives. It also includes the development of streamlined procedures to enable investors and businesses to benefit from the services provided by both entities.

Through such strategic collaborations, ADTCM continues to foster impactful partnerships with public and private institutions across the UAE, supporting Ajman’s long-term vision of sustainable growth and global competitiveness.