Sheikh Abdulaziz bin Hamid Al Nuaimi chaired the inaugural meeting of the “Investment Attraction Group for Ajman” at the Executive Council’s General Secretariat, where he announced the appointment of Sheikh Sultan bin Mohammed Al Nuaimi as the group’s president for a two-year term.
Sheikh Abdulaziz emphasized the significance of establishing this group as a strategic move aimed at enhancing Ajman’s competitiveness in attracting investments. He praised the diverse expertise and specializations within the group, which serve as a crucial foundation for offering innovative and comprehensive solutions to improve the business environment in Ajman. He stressed the necessity of being bold in proposing investment initiatives and leveraging the exceptional opportunities presented by global changes.
He also highlighted the importance of utilizing modern technologies to support investment decisions, refine methods for targeting investors, and anticipate potential challenges. He noted that investors’ needs and requirements vary in each case, which necessitates a more flexible and professional approach from relevant entities in addressing these differences.
He underlined that the upcoming phase requires serious and concerted efforts to achieve tangible results based on clear and measurable performance indicators, thereby strengthening the emirate’s position on the regional and international investment map. He pointed out that Ajman possesses the requisite elements to become a promising investment environment, and the challenge lies in activating these elements within a clear and ambitious institutional framework.
The meeting concluded with several recommendations intended to enhance the group’s effectiveness and achieve its objectives. Key among these was the adoption of newly registered investment volumes from targeted markets as a primary performance indicator and the implementation of a preparatory action plan over the next four months, which includes developing the overarching strategy and conducting market analysis.
It was recommended to establish specialized sub-teams based on investment sectors and to prepare periodic reports to be submitted to the Chairman of the Executive Council, alongside emphasizing the importance of continuous coordination with relevant government bodies to ensure cohesive efforts, paving the way for launching impactful investment campaigns at both local and international levels in future phases.
Attendees included Dr. Said Al Matrooshi, Secretary-General of the Executive Council, and members of the working group: Marwan Al Shaali, Sheikh Sultan bin Mohammed Al Nuaimi, Saif Al Suwaidi, Ismail Anqi, Mahmoud Al Hashimi, Omar Lootah, Mohammed Al Qabi, Obaid Al Ali, and Dr. Khaled Al Hosani, representing Abdulrahman Mohammed Al Nuaimi.