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AFZ firms contribute 32% of Ajman’s exports

AFZ firms contribute 32% of Ajman’s exports
Businesses that chose to locate their operations at Ajman Free Zone increased by 8.23%

UAE – Mubasher: Ajman Free Zone (AFZ) companies have contributed up to 32% of the emirate’s total exports and 60% of re-exports during the first six months of 2019, data by Ajman Chamber of Commerce showed.

The number of businesses that chose to locate their operations at Ajman Free Zone increased by 8.23% during the six-month period ended 30 July 2019, reaching around 8000 firms, according to a press release.

Up to 91% of these companies were contractually obliged to re-new licenses, with the demand for business offices making up the largest number of license types issued, followed by smart offices and then warehouses.

Fatima Salem, acting general manager at Ajman Free Zone, said: “These figures reflect Ajman Free Zone’s appeal among business owners and the great benefits that we offer them, including smart applications and an e-platform that is aimed at making business management simple, easy and accessible from anywhere.”

“We are working very hard to drive forward innovation in everything that we do, which is being very well received, and we are very pleased to welcome new companies to the Free Zone. It’s also highly encouraging that existing Ajman Free Zone businesses have made expansion requests – they are obviously thriving and prospering. We promise our full support in assisting both existing and new companies to achieve their goals,” she added.