Ajman Free Zone has collaborated with two insurance companies with two separate partnerships as part of its ongoing efforts to expand its network and provide support to investors, companies and the business community.

Recently the free zone signed Memorandums of Understanding (MoUs) with Al Sagr National Insurance Company and the Arabian Scandinavian Insurance Company (PLC) - Takaful - Ascana Insurance (ASCANA).

These MoUs will make way for Ajman Free Zone to strengthen value-added, high-quality and competitive healthcare insurance coverage to its investors and their families and employees. The extensive insurance will cover the costs of medical services; expenses for treatments and daily care in hospitals; ambulance fees, among others.

H.E. Eng. Ali AlSuwaidi, Director General, Ajman Free Zone, said the free zones new MoUs represents that it recognizes the importance of the insurance sector and will help aid the confidence of investors and foreign companies. The insurance services are the latest advancements to Ajman Free Zones high-quality, competitively priced and easily accessible business solutions.

Our cooperation with Al Sagr National Insurance Company and ASCANA has broadened further our network of strategic partners that covers various sectors. Through this approach, we seek to increase the competitiveness and attractiveness of Ajman Free Zone and continuously add value to our services. Our new ties also show our commitment to simplify procedures to save more time and effort, as well as provide an integrated platform that allows access to a wide range of facilities, incentives and innovative solutions at a competitive cost. added H.E.

We will continue to partner with diverse government and private sector entities based on our keenness to strengthen the local business communitys growth. We will also strive to help increase the commercial activities in Ajman by building an environment that is ideal for business and investment activities and can support large-scale commercial and industrial projects. Our initiatives are aligned with Ajmans policy to diversify its economy. commented AlSuwaidi.

Ajman Free Zones growing strategic and multisectoral partnerships are developed and designed to consolidate its position as a preferred destination for businesses and investments. Its alliances will also help put in place a robust system within the free zone that is able to extend relevant business support and attract investments by combining innovative solutions with value-added services.