During its fourth session for 2021, headed by His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Council, the Executive Council of the Emirate of Ajman approved to open economic activities to foreign investment by 100% in line with the state’s policies and strategic visions, with the exception of economic activities with a strategic impact that were agreed upon during meetings of the Strategic Impact Economic Activities Committee that were recently chaired by the Minister of Economy.

At the beginning of the session, which reviewed a number of reports in the file of digital transformation and the report of economic activities with strategic impact, His Highness Sheikh Ammar bin Humaid Al Nuaimi said that in light of the rapid developments around us, we will remain in the Ajman government aware of the changing global scene, able to deal with it to redirect strategies and plans of the Emirate towards the right path that serve the requirements of today and meets the aspirations of tomorrow.

The fourth session reviewed the developments of the economic activities report with strategic impact, which illustrates the importance of providing a global competitive investment environment and opening economic activities to foreign investment in line with the state’s vision and amendments to the Commercial Companies Law in implementation of the Cabinet’s decision in this regard.