logo
Ajman enhances international communication with delegations participating in the AIM Summit 2025 events

Ajman enhances international communication with delegations participating in the AIM Summit 2025 events

Zawya10-04-2025
H.E. Maher Taresh Al Alili, Member of the Board of Directors of Ajman Chamber, affirmed the Chamber's keenness to intensify and strengthen its participation in global economic events. He stated that the AIM Summit 2025 serves as a global platform that brings together decision-makers, investors, and government officials from various countries around the world.
Al Alili indicated that the Ajman Chamber, alongside participating entities including the Department of Economic Development in Ajman, Free Zones Authority of Ajman, Al Zorah Development Company, and Thara Entrepreneurship Hub, has intensified the holding of joint bilateral meetings with international delegations participating in the Summit. This is aimed at exploring avenues of cooperation and showcasing the investment opportunities available across numerous sectors.
H.E. Maher Al Alili emphasized the significance of the AIM Summit 2025 and its role in exchanging expertise, exploring promising partnerships, and gaining insights into the latest trends in investment and innovation across various sectors. The Summit's slogan, "Mapping the Future of Global Investment: The New Wave of a Globalized Investment Landscape, Towards a New Balanced World Structure," reflects its importance and impact on the global economy and investment landscape at the present time.
For his part, Ali Rashid Al Kaitoob, Executive Director of the Studies and Investment Development Sector at Ajman Chamber, affirmed that participation in the AIM Summit 2025 embodies the Chamber's efforts to expand its international network and promote the investment opportunities that the emirate abounds with in various vital sectors.
He stated, "The Ajman Chamber and the participating entities were keen to provide specialized introductory presentations and hold direct meetings with delegations from various countries around the world, highlighting the qualitative advantages that Ajman possesses as a flexible and promising investment location."
Al Kaitoob emphasized that the Chamber continues its efforts to provide a sustainable interactive platform to attract investors, work to support business growth, and expand the horizons of international cooperation to achieve sustainable economic development, in line with Ajman Vision 2030.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Abu Dhabi's non-oil trade surges as diversification drive gains pace
Abu Dhabi's non-oil trade surges as diversification drive gains pace

Khaleej Times

time15 hours ago

  • Khaleej Times

Abu Dhabi's non-oil trade surges as diversification drive gains pace

Abu Dhabi is pressing ahead with its diversification agenda, as new trade data highlight a remarkable expansion in its non-oil sector. According to the Abu Dhabi Chamber of Commerce and Industry (ADCCI), the emirate issued 10.3 per cent more certificates of origin between June 2024 and June 2025, a clear sign of widening export activity and the growing competitiveness of local industries. Certificates of origin — official documents confirming the national origin of goods — are crucial for exporters, as they allow products to qualify for preferential tariffs and smooth access to international markets under bilateral and multilateral trade agreements. The strong momentum in certifications reflects Abu Dhabi's growing role in global commerce and the success of its strategies to empower the private sector. The Chamber said that chemicals, metals, and engineering industries were the most prominent beneficiaries, while small and medium-sized enterprises (SMEs) are increasingly making inroads into new markets, supported by specialised training, matchmaking initiatives, and digital export platforms. This surge in export activity coincides with an exceptional performance in overall non-oil foreign trade. During the first half of 2025, Abu Dhabi's non-oil trade reached Dh195.4 billion, up 34.7 per cent from Dh145 billion a year earlier. Non-oil exports jumped 64 per cent to Dh78.5 billion, re-exports grew 35 per cent to Dh36 billion, and imports rose 15 per cent to Dh80 billion. This trajectory stands in sharp contrast to global trade trends, with the World Trade Organisation (WTO) estimating world merchandise trade growth at just 1.75 per cent over the same period. Officials say the results reflect not only Abu Dhabi's robust infrastructure and logistics but also its ability to adapt quickly to shifts in global supply chains. 'Certificates of origin are gateways to broader opportunities and vital tools for elevating the private sector's contribution to Abu Dhabi's economic growth,' said Shamis Al Dhaheri, second vice chairman of ADCCI. He added that the Chamber will continue to facilitate exports and expand international partnerships to enable SMEs and large firms alike to tap global markets efficiently. Analysts said the data indicate Abu Dhabi's diversification drive has gathered real momentum. 'Far from being overshadowed by oil, the emirate's non-oil trade is now one of the clearest signals that its economic transformation is on track, resilient and globally competitive,' they said. The dynamism in Abu Dhabi mirrors the wider UAE's trade boom. Across the federation, non-oil trade for the January–June 2025 period hit Dh1.7 trillion ($462.8 billion), almost double the value recorded five years ago. The UAE has set a target of reaching Dh4 trillion by 2031, though government leaders now expect this milestone to be achieved several years earlier if current momentum continues. Comprehensive Economic Partnership Agreements (Cepas) with India, Indonesia, Israel, Turkiye, Cambodia and Georgia have already boosted bilateral trade, while further deals are under negotiation. Ahmed Jasim Al Zaabi, chairman of the Abu Dhabi Department of Economic Development, described the emirate's progress as evidence of 'long-term planning, decisive policy execution, and a commitment to enabling the free exchange of goods, services, and innovations.' He emphasised that Abu Dhabi is working to entrench its position as a global hub by streamlining trade procedures, enhancing customs systems, and investing heavily in digitalisation. Abu Dhabi Customs has been instrumental in this transformation. Director-general Rashed Lahej Al Mansoori noted that reforms and partnerships have accelerated clearance times and reduced trade bottlenecks, while digital inspection systems and integrated customs platforms are improving efficiency. Strategic assets such as Khalifa Port and the expanded cargo facilities at Abu Dhabi International Airport have reinforced the emirate's standing as a logistics and re-export hub serving the Middle East, Africa and Asia. Global headwinds have not slowed Abu Dhabi's trajectory. WTO data show that merchandise trade volumes grew just 1.2 per cent in 2023, with forecasts suggesting only modest recovery in 2025. Yet Abu Dhabi has managed to grow non-oil trade more than twenty times faster than the global average in the first half of this year. Analysts say this is strengthening the emirate's appeal as a safe harbour for investors seeking both stability and opportunity. The International Monetary Fund (IMF) forecasts that the UAE's non-oil sector will expand by more than 4 per cent in 2025, buoyed by manufacturing, investment inflows and tourism. Abu Dhabi's Industrial Strategy aims to more than double the size of its manufacturing base to Dh172 billion by 2031, further embedding industry and advanced technology into its economy.

Ministry of Economy and Tourism to host ‘UAE Africa Tourism Investment Summit' in October
Ministry of Economy and Tourism to host ‘UAE Africa Tourism Investment Summit' in October

Al Etihad

time18 hours ago

  • Al Etihad

Ministry of Economy and Tourism to host ‘UAE Africa Tourism Investment Summit' in October

17 Aug 2025 14:41 ABU DHABI (WAM)The Ministry of Economy and Tourism announced that it will host the UAE Africa Tourism Investment Summit on October 27, 2025, in Dubai, as part of the Future Hospitality Summit (FHS World 2025) - one of the leading global platforms for the hospitality, tourism, and investment sectors. The Summit aims to enhance economic and tourism partnerships between the UAE and African nations, boosting mutual investments across key priority sectors, particularly tourism, hospitality, and related part of the initiative, the Ministry of Economy and Tourism signed a Memorandum of Understanding (MoU) with The Bench - the organisers of FHS World - in the presence of the Minister of Economy and Tourism, Abdulla bin Touq Al MoU was signed by the Assistant Undersecretary for the Support Services Sector at the Ministry, Badreya Al Maidoor, and Portfolio Director at The Bench, Daria two parties will collaborate on organising the event and coordinating its promotional efforts, in line with the Summit's objective of highlighting investment opportunities in tourism-related activities and projects across the African event will bring together over 250 high-level participants, including senior government officials, decision-makers, and investors from 53 African countries, including tourism ministers and representatives of investment promotion agencies from across the reinforces the UAE's role as a reliable investment partner for Africa and opens new avenues for strategic collaboration in vital sectors that contribute to building a more integrated and sustainable economic Maidoor said, 'The UAE Africa Tourism Investment Summit will serve as a strategic platform for exchanging insights and expertise between the UAE and African nations, supporting sustainable development efforts through the establishment of projects and partnerships that serve mutual interests.''This aligns with the objectives of 'We the UAE 2031' vision, which aims to position the country as a leading global hub for the new economy, driven by international partnerships and future-focused sectors.'Chairman & CEO of The Bench, Jonathan Worsley, said, 'We are honoured to partner with the UAE Ministry of Economy & Tourism to launch the UAE Africa Tourism Investment Summit as part of FHS World 2025. This collaboration reflects our shared ambition to accelerate investment and development across Africa's hospitality sector.''The UAE has long served as a bridge between global capital and emerging markets, and this new platform will strengthen the connections between African nations and the international investment community. Together, we are creating an ecosystem that fosters meaningful dialogue, unlocks deal flow, and drives long-term economic growth across the continent.'The Summit will enable participants to explore opportunities for collaboration between government entities and the private sector across the tourism, investment, infrastructure, and hospitality sectors in both the UAE and the African continent. It also seeks to highlight future initiatives within the tourism and hospitality sectors in both markets.

'No deal': Trump-Putin summit yield no breakthrough on Ukraine
'No deal': Trump-Putin summit yield no breakthrough on Ukraine

Khaleej Times

time2 days ago

  • Khaleej Times

'No deal': Trump-Putin summit yield no breakthrough on Ukraine

A highly anticipated summit between US President Donald Trump and Russian President Vladimir Putin on Friday yielded no agreement to resolve or pause Moscow's war in Ukraine, though both leaders described the talks as productive. During a brief appearance before the media following the nearly three-hour meeting in Alaska, the two leaders said they had made progress on unspecified issues. But they offered no details and took no questions, with the normally loquacious Trump ignoring shouted questions from reporters. "We've made some headway," Trump said, standing in front of a backdrop that read, "Pursuing Peace." "There's no deal until there's a deal," he added. The talks did not initially appear to have produced meaningful steps toward a ceasefire in the deadliest conflict in Europe in 80 years, a goal Trump had set ahead of the summit. Stay up to date with the latest news. Follow KT on WhatsApp Channels. But simply sitting down face-to-face with the US president represented a victory for Putin, who had been ostracized by Western leaders since Russia's full-scale invasion of Ukraine in 2022. Following the summit, Trump told Fox News' Sean Hannity that he would hold off on imposing tariffs on China for buying Russian oil after making progress with Putin. He has targeted India, another major buyer of Russian crude, with an additional 25% tariff on U.S. imports. "Because of what happened today, I think I don't have to think about that now," Trump said of Chinese tariffs. "I may have to think about it in two weeks or three weeks or something, but we don't have to think about that right now." Trump has also threatened sanctions on Moscow but has thus far not followed through, even after Putin ignored a Trump-imposed ceasefire deadline earlier this month. In the Fox News interview, Trump also suggested a meeting would now be set up between Putin and Ukrainian President Volodymyr Zelenskiy, which he might also attend. He gave no further details on who was organizing the meeting or when it might be. Putin made no mention of meeting Zelenskiy when speaking to reporters earlier. He said he expected Ukraine and its European allies to accept the results of the U.S.-Russia negotiation constructively and not try to "disrupt the emerging progress." He also repeated Moscow's long-held position that what Russia claims to be the "root causes" of the conflict must be eliminated to reach a long-term peace, a sign he remains resistant to a ceasefire. There was no immediate reaction from Kyiv to the summit, the first meeting between Putin and a U.S. president since the war began. When asked by Hannity what he would advise Zelenskiy, Trump said, "Gotta make a deal." "Look, Russia is a very big power, and they're not," Trump added. The war has killed or injured well over a million people from both sides, including thousands of mostly Ukrainian civilians, according to analysts. Rolling out the red carpet Zelenskiy has ruled out formally handing Moscow any territory and is also seeking a security guarantee backed by the United States. Trump said he would call Zelenskiy and NATO leaders to update them on the Alaska talks. As the two leaders were talking, the war raged on, with most eastern Ukrainian regions under air raid alerts. Governors of Russia's Rostov and Bryansk regions reported that some of their territories were under Ukrainian drone attacks. Ukraine's opposition lawmaker Oleksiy Honcharenko said on the Telegram messaging app, "It seems Putin has bought himself more time. No ceasefire or de-escalation has been agreed upon." The anticlimactic end to the closely watched summit was in stark contrast to the pomp and circumstance with which it began. When Putin arrived at an Air Force base in Alaska, a red carpet awaited him, where Trump greeted Putin warmly as U.S. military aircraft flew overhead. Putin is wanted by the International Criminal Court, accused of the war crime of deporting hundreds of children from Ukraine. Russia denies the allegations, and the Kremlin has dismissed the ICC warrant as null and void. Russia and the United States are not members of the court. The day before the summit, Putin held out the prospect of something Trump wants - a new nuclear arms control agreement to replace the last surviving one, which is due to expire in February. It was unclear if the issue was discussed on Friday. 'Counting on America' Zelenskiy, who was not invited to Alaska, and his European allies had feared Trump might sell out Ukraine by essentially freezing the conflict and recognizing - if only informally - Russian control over one-fifth of Ukraine. Trump had sought to assuage such concerns on Friday ahead of the talks, saying he would let Ukraine decide on any possible territorial concessions. "I'm not here to negotiate for Ukraine, I'm here to get them at a table," he said. Asked what would make the meeting a success, he told reporters: "I want to see a ceasefire rapidly ... I'm not going to be happy if it's not today ... I want the killing to stop." The meeting also included U.S. Secretary of State Marco Rubio; Trump's special envoy to Russia, Steve Witkoff; Russian foreign policy aide Yury Ushakov; and Foreign Minister Sergei Lavrov. Trump, who said during his presidential campaign that he would end the Ukraine war within 24 hours, conceded on Thursday it had proven a tougher task than he had expected. He had said if Friday's talks went well, quickly arranging a second, three-way summit with Zelenskiy would be more important than his encounter with Putin. Trump ended his remarks on Friday by telling Putin, "I'd like to thank you very much, and we'll speak to you very soon and probably see you again very soon." "Next time in Moscow," Putin responded. Trump said he might "get a little heat on that one" but that he could "possibly see it happening." Zelenskiy said ahead of Friday's summit that the meeting should open the way for a "just peace" and three-way talks that included him, but added that Russia was continuing to wage war. "It's time to end the war, and the necessary steps must be taken by Russia. We are counting on America," Zelenskiy wrote on Telegram.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store