Covid-19: Ajman announces new package of economic incentives

Covid-19: Ajman announces new package of economic incentives

Combating Covid-19: Ajman Crown Prince announces new package of economic incentives. Sheikh Ammar eager to support the community by implementing preventative measures to tackle Covid-19 pandemic.. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, announced�on Wednesday�a directive to support foreign trade, customs, tourism and real estate and other economic establishments with a set of urgent measures, as part of a second package of economic incentives.. Sheikh Ammar stressed that the Ajman Government is working to support the local community, which includes individuals, business leaders and investors, by implementing preventative measures to tackle�the repercussions of the current Covid-19 crisis;�ensure the security and stability of the community and create opportunities for growth and progress under the most difficult circumstances.. Sheikh Ammar's second package includes five initiatives to support the emirate's foreign trade and customs sectors, including the possibility of paying customs duties with easy payments within 90 days, extending the free period for storing containers from 10 to 20 days, and reducing container insurance fees by 50 per�cent for each container until the end of June 2020.. They also involve supporting the emirate's real-estate sector with 11 measures, including cancelling administrative fines for every