Known as the UAE’s most agile economy, Ajman’s focus is on smart, scalable growth. Despite being a smaller emirate, Ajman is leveraging its strengths—cost competitiveness, accessibility, and investor-friendly policies—to attract new business and expand key sectors. As industries diversify and infrastructure projects gain pace, Ajman is proving that strategic planning and a strong entrepreneurial ecosystem can deliver an outsized economic impact.
Development Highlights
Aligned with the Ajman 2030 vision, the national budget—estimated at USD 964 million— has firmly put its weight behind public welfare, infrastructure development, digital enhancements, and tourism. Ajman’s location, between Sharjah and Umm Al Quwain, gives it easy access to land and sea transport networks, enhancing its role in regional trade. The emirate has recorded a 16% surge in the renewal of licences and a 135-point increment in the Business Confidence Index (BCI), indicating a strong growth in the manufacturing sector.
The Ajman Free Zone (AFZ), given its investor-friendly environment, digital platforms, and cost-effective solutions, continues to attract start-ups, entrepreneurs, and international businesses. The emirate’s focus on light manufacturing, construction materials, textiles, and food processing has created employment and strengthened its export capabilities.
The AFZ and Ajman Port, with their low operating costs, 100% foreign ownership, and simplified customs procedures, continue to be focal points for attracting foreign direct investment (FDI)
Free and Fair
Ajman’s political leadership has prioritised economic reforms and digital empowerment to keep it at par with the UAE’s regional growth. The Ajman Vision 2030’s roadmap focuses on economic competitiveness, quality of life, and sustainability. Digitalization across government services, especially in licensing, permits, and business operations, has streamlined processes for investors and entrepreneurs. The AFZ and Ajman Port, with their low operating costs, 100% foreign ownership, and simplified customs procedures, continue to be focal points for attracting foreign direct investment (FDI).
Reaching Out
Ajman leverages its serene coastline and family-friendly environment to boost domestic tourism and hospitality investment. Tourism recorded an 8% increase in international visitors, and its delegation’s presence at the prestigious global trade fair, ITB Berlin, this year indicates trade expansion and a willingness to tap into international markets. However, Ajman must navigate global uncertainties, including inflationary trends and competitive regional dynamics.
Though the smallest of emirates, Ajman presents a compelling case for growth—blending affordability, strategic access, and a progressive regulatory climate. As it invests in its future through innovation and inclusive policies, the emirate is all set for a stronger role in the UAE’s broader economic success story. Balancing rapid development with sustainability and infrastructure readiness will help it maintain its upward trajectory.
