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Government 1 min read 24 views

Department of Economic Development Ajman Reveals Positive Impact and Benefits to be Gained From Decision to exempt Businesses With Expired Licences From Stiff Fines and Penalties

The Department of Economic Development Ajman (DED-Ajman) has revealed that the current Emiri resolution No. (16) of 2018 issued in May 2018 by His Highness (H.H.) Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, to excluded local services with expired business licences from rigid fines and fines up until completion of this year has actually left a favorable influence on local businesses. According to the Emiri resolution, the duration of executing the decision will hold up until December 31, 2018, where the financial facilities will be able to restore their licenses through a range of channels such as the TASHEEL Tawasol Facility, Ajman TASHEEL Solutions Center, TAAJEEL Center, Hamidiya client happiness Facility, Town Solution Center, Manama Branch, SANAD Masfoot Center.

H.E. Ali Issa Al Nuaimi, Director General, DED-Ajman, said, The Emiri decision to exempt local businesses with expired business licenses from stiff penalties and fines before January 2019 reflects the wise leaderships keenness to achieve happiness and maintain economic and social well-being in the emiratewhich is aimed towards positioning Ajman as the best economic and investment center while also supporting key aspects of leadership on the local, regional and global maps.

Obaid Ibrahim Al Matroushi, Proprietor of Modern Style Tailoring and Needlework, claimed, "It is not surprising for our leaders to launch such campaigns, particularly as they are making a lot of initiatives to enhance the investment and customer climate, which then, helps bring in more investors to the emirate. We say thanks to the smart leadership for their vision in establishing a suitable business setting for different investments and emerging projects. We are committed to the procedures and decisions released by DED-Ajman to promote and streamline business process in the emirate."

Saleh Mohammed Al Dhafri, Owner of Al Maeraj Getting & General Trading Company included, "We are extremely pleased to be part of the growth process in Ajman and we are extremely delighted to work under the assistance of the wise leadership and assistance DED-Ajman's eagerness in boosting the investment setting with the activities and procedures."

Mohammed Nasser Abdul Rahim, Proprietor of Al-Andalib Tailoring Company, stressed on the importance of participation with DED-Ajman and its commitment to apply choices and treatments provided by the sensible leadership. He said thanks to H.H. Sheikh Ammar Bin Humaid Al Nuaimi, Crown Royal Prince of Ajman and Chairman of the Executive Council, for this charitable payment which aims to develop a fair financial investment environment.

Abdulrahman Abdul Rahim Al Hammadi, Proprietor of Abdul Rahman Foodstuff Trading, said, "The smart government of Ajman led by His Highness Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, looks for to supply key advantages and benefits for business owners and financiers in Ajman, no matter their size. The smart management is always looking for to minimize the monetary burden on financial facilities, which urges these establishments to accomplish their activities in Ajman."

Ahmed Mostafa Hamzeh, Al Kharasana Advanced Innovation Company, said: "We are really delighted with this decision, which allowed us to help with the renewal of our licenses easily and also allowing us further to impart innovation in our business and build new projects in the light of this encouraging investment setting. We thank His Highness Sheikh Ammar Bin Humaid Al Nuaimi for his decision-- additional aiming at promoting and simplifying the treatments of economic facilities and encouraging them to broaden their business in the emirate."

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