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“Ajman Lands” signs a MOA Al Majed Group Investment Management

February 27th, 2024 News,Latest News

“Ajman Lands” signs a MOA Al Majed Group Investment Management

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On the sidelines of Ajman Real Estate Investment Exhibition 2024, the Department of Land and Real Estate Regulation signed a memorandum of understanding with Al Majed Group Investment Management with the aim of enhancing joint efforts in the field of real estate promotion and introducing the investment potential in the Emirate of Ajman.

The MOA was signed by H. E. Engineer Omar bin Omair Al Muhairi, the Director General of the Department of Land and Real Estate Regulation, and Salem Saif Al Matrooshi, the Chairman of the Board of Directors of Al Majed Group Investment Management.

H. E. Engineer Omar bin Omair Al Muhairi confirmed that the signing of this MOA reflects the Department’s keenness to harness all the necessary capabilities and tools to develop the real estate sector and promote the Emirate of Ajman as a leading investment destination and a modern city with exceptional components and manifold attractions across sectors.

He explained that the Department of Land and Real Estate Regulation is looking forward, through this partnership, to create knowledge awareness in the field of real estate investment, attract more investments to this vital sector, and develop an innovative plan to enhance the reputation of the real estate market in Ajman and highlight future real estate projects and events.

Salem Saif Al Matrooshi, the Chairman of the Board of Directors of Al Majed Group Investment Management, expressed his happiness with signing this MOA due to its importance in unifying the joint efforts and endeavors of both parties to enhancing the reputation of the real estate sector in the Emirate of Ajman and organizing the promotions of real estate projects to keep pace with the accelerated development witnessed by the Emirate.

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