Business

To significantly boost the promotion of the competition and attractiveness of the local business and investment industries, the Division of Economic Development - Ajman recently adopted the Trade Names Booking system. The unified and incorporated platform for managing the booking of trade name, financial records and economic licenses is totally integrated with existing trade naming and financial licensing procedures. This initiative is part of Ajman DED's commitment to recurring service enhancements according to e-transformation requirements and the objective of developing a diversified and affordable economic situation for Ajman's sustainable growth.

The Trade Names Booking system will help enhance competition among similar divisions, bring about higher effectiveness within Ajman DED's Economic Licenses section. The innovative system functions as a solid structure for additional establishing the area's capability to satisfy ongoing technological advancements and quick financial advancement. It will certainly support decision-making, future preparation, and the decrease of administrative prices, while boosting efficiency levels to provide the best services to a larger series of financiers and business people.

H.E. Ali Eissa Al Nuaimi, Director General of Ajman's Division of Economic Growth, claimed: "The Trade Names Booking system is a major step in the direction of taking on knowledge-based devices and promoting best business practices, which are among Ajman DED's leading critical top priorities. The system will certainly control the automated trade naming process and transfer jurisdiction over trade identifying and financial recording from the Ajman Chamber to the DED system as part of an incorporated structure. This in accordance with ongoing initiatives to offer more powerful business assistance and attract even more foreign direct investments to accomplish DED's vision of establishing a prosperous economy for the well-being of the emirate's peoples."

"The new system paves the way for us to achieve e-integration with the Ministry of Economy in terms of brand name reservations and issuance of financial record qualifications, which supports our desire to supply customers with simpler and smooth solutions. We are confident concerning the brand-new system which expands our ongoing efforts to properly and effectively handle our resources. It will certainly allow us to offer business community with the most effective solutions based upon the highest possible standards of transparency, effectiveness and sensible administration to advertise Ajman's setting as a key player on the local and regional financial investment landscapes", H.E. Al Nuaimi added.

The Trade Names Booking system's wide variety of attributes and functions consists of brand name querying, and issuance with e-services, Ajman DED client service facility or Tasheel solution centers located in Ajman.

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