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The Department of Land and Real Estate Regulation and Ajman Bank Discuss Ways to Stimulate Real Estate Investment

October 5th, 2023 Latest News

The Department of Land and Real Estate Regulation and Ajman Bank Discuss Ways to Stimulate Real Estate Investment

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His Excellency Engineer Omar bin Omair Al Muhairi, Director General of the Department of Land and Real Estate Regulation, received Mustafa Al Khalafawi, CEO of Ajman Bank. During the meeting, which was held at the Department’s headquarters, the discussion included the  joint cooperation, the performance of the real estate and banking sectors, and ways to stimulate real estate investment and support the wheel of economic growth in the Emirate.

His Excellency Engineer Omar bin Omair Al Muhairi appreciated the strategic partnership that brings together the Department of Land and Real Estate Regulation with Ajman Bank and stressed the need to unify efforts in order to provide all means to stimulate investments and revive the business environment, especially in light of the endless support provided by the wise leadership in order to advance the economy and empower the business community as well as Consolidating Ajman’s position as a leading model in supporting investment in various sectors, especially the real estate sector, due to the facilities and qualitative advantages it provides to investors and entrepreneurs at the local and global levels.

​ The Director General of the Department of Land and Real Estate Regulation praised the pivotal role played by Ajman Bank in economic development thanks to its distinguished banking services and its continuous support to entrepreneurs and investors and contributing to the success of their investment projects, which serves the department’s efforts and endeavors aimed at developing the real estate sector and attracting more real estate investments, stressing the importance and necessity of coordination between the two sides in order to develop an integrated strategy to support future projects in the field of real estate development and provide the necessary facilities to investors in the Emirate.

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