Ajman Free Zone achieves 35 per cent growth in the number of… – MENAFN.COM

Ajman Free Zone achieves 35 per cent growth in the number of… – MENAFN.COM

( MENAFN - Mid-East. Info A)jman Free Zone recorded a significant growth of 35 per cent in the number of new registered companies during the first half of 2021 compared to the same period in 2020. The record shows 867 newly registered companies in the zone, compared to 567 companies in the same period last year. This is a testament of the increasing trust and confidence of the business and investment community to venture in the Emirate of Ajman. Health sector at the fore Ajman Free Zone succeeded in maintaining position as a leader in providing an attractive business environment for major medical companies and health institutions. An 84 per cent growth in new companies registered within the health sector was recorded during the first half of the year. This is attributed to the competitive advantages offered by AFZ such as the strategic location, advanced infrastructures and modern facilities. Continuous growth in the technology sector The technology sector within the free zone achieved a rate of 26 per cent during the first half of this year compared to the same period last year. This sustained growth in the sector reaffirms the innovations and keenness of the free zone to contribute