Latest news with #AhmedbinHumaidAlNuaimi
Zawya
08-04-2025
- Business
- Zawya
Free Zones Authority of Ajman achieves record breaking performance in 2024
Free Zones Authority of Ajman (FZA) announced exceptional financial and operational results for the year 2024, a testament to the efficacy of its forward-looking economic vision and proactive strategies aimed at diversifying key sectors and enhancing the investment climate within the emirate. Fuelled by a significant rise in the number of investors and the expansion of diverse economic activities, FZA achieved a significant 15 percent surge in revenues compared to the preceding year. Net profits also witnessed an unprecedented annual growth of 15 percent, a clear indication of robust financial management and the effectiveness of its income diversification strategies. FZA experienced a remarkable 170 percent growth in the number of newly registered companies, marking the highest increase in recent years. Furthermore, occupancy rates in investment zones reached an impressive 97 percent, highlighting the increasing confidence of the global investor community in Ajman's competitive advantages. Sheikh Ahmed bin Humaid Al Nuaimi, Representative of H.H. the Ruler of Ajman for Administrative and Financial Affairs and Chairman of FZA's Board of Directors, emphasised, 'this exceptional performance is a direct outcome of an ambitious vision and meticulously crafted strategies designed to cultivate a flexible and enabling business ecosystem. This reinforces Ajman's position as a burgeoning economic centre with global appeal. We remain steadfast in our commitment to advancing the emirate's sustainable economic development.' H.H. Sheikh Abdulaziz bin Humaid Al Nuaimi, Vice Chairman of the Board, commented, 'The remarkable achievements of 2024 reflect the success of our strategic trajectory in attracting high-quality investments and cultivating targeted sectors. These record-breaking figures underscore our ambition to positioning Ajman as a premier destination for investors worldwide.' Ismail Al Naqi, Director-General of FZA, expressed his profound pride in these accomplishments, stating, 'The results attained this year represent the most significant milestone in FZA's history. In alignment with the goals of Ajman Vision 2030, we will continue to pioneer innovative solutions and develop advanced infrastructure to further strengthen Ajman's global competitiveness and attractiveness." Al Naqi reiterated FZA's unwavering commitment to pursuing its ambitious plans for expanding investments in promising sectors and solidifying Ajman's stature as a leading global economic hub and a compelling environment for the business community and diverse investment portfolios.
Zawya
08-04-2025
- Business
- Zawya
FZA: Record-breaking 2024 performance, driven by leading strategies and diversified investments
Ajman, United Arab Emirates – Free Zones Authority of Ajman (FZA) announced exceptional financial and operational results for the year 2024, a testament to the efficacy of its forward-looking economic vision and proactive strategies aimed at diversifying key sectors and enhancing the investment climate within the emirate. Fueled by a significant rise in the number of investors and the expansion of diverse economic activities, FZA achieved a significant 15% surge in revenues compared to the preceding year. Net profits also witnessed an unprecedented annual growth of 15%, a clear indication of robust financial management and the effectiveness of its income diversification strategies. FZA experienced a remarkable 170% growth in the number of newly registered companies, marking the highest increase in recent years. Furthermore, occupancy rates in investment zones reached an impressive 97%, highlighting the increasing confidence of the global investor community in Ajman's competitive advantages. Sheikh Ahmed bin Humaid Al Nuaimi, Representative of His Highness the Ruler of Ajman for Administrative and Financial Affairs and Chairman of FZA's Board of Directors, emphasized that 'this exceptional performance is a direct outcome of an ambitious vision and meticulously crafted strategies designed to cultivate a flexible and enabling business ecosystem. This reinforces Ajman's position as a burgeoning economic center with global appeal. We remain steadfast in our commitment to advancing the emirate's sustainable economic development.' His Highness Sheikh Abdulaziz bin Humaid Al Nuaimi, Vice Chairman of the Board, commented: 'The remarkable achievements of 2024 reflect the success of our strategic trajectory in attracting high-quality investments and cultivating targeted sectors. These record-breaking figures underscore our ambition to positioning Ajman as a premier destination for investors worldwide.' HE Ismail Al Naqi, Director General of FZA, expressed his profound pride in these accomplishments, stating: 'The results attained this year represent the most significant milestone in FZA's history. In alignment with the goals of Ajman Vision 2030, we will continue to pioneer innovative solutions and develop advanced infrastructure to further strengthen Ajman's global competitiveness and attractiveness." HE Al Naqi reiterated FZA's unwavering commitment to pursuing its ambitious plans for expanding investments in promising sectors and solidifying Ajman's stature as a leading global economic hub and a compelling environment for the business community and diverse investment portfolios. About the Government of Ajman Media Office Established under the visionary leadership of His Highness Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and Ruler of Ajman, the Ajman Media Office was established to enhance Ajman's global media footprint and solidify its strategic influence. The Office plays a central role in promoting transparency by providing reliable and accessible information on government projects and initiatives. It showcases Ajman's innovative spirit and achievements, supporting its progress and strategic ambitions. With a sustainable and dynamic media policy, the Office enables seamless navigation of the rapidly changing media landscape. The Office is the architect behind a comprehensive government media ecosystem, crafting and executing media policies and strategies that embody our nation's core values, amplify our national identity, and solidify our position as a global media leader. Serving as the central hub for media engagement, the Office also delivers impactful projects and initiatives, ensuring local and international outlets are provided with timely and accurate news, event coverage, and insights into government achievements. Beyond delivering information, the Office is dedicated to fostering knowledge and enhancing community understanding of the UAE's governmental advancements and transformative projects. The Office also streamlines and oversees media content related to local government initiatives across various domains, ensuring alignment and consistency that reflect the vision and aspirations of Ajman, enhancing its esteemed reputation both nationally and internationally.
Emirates 24/7
10-02-2025
- Sport
- Emirates 24/7
Mohammed bin Rashid attends Al Salam Cycling Championship's Desert Race at Al Marmoom Conservation Reserve
In the presence and under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Private Office of His Highness the Ruler of Dubai today organised the Desert Race, the third stage of the ninth Al Salam Cycling Championship, the world's largest such community race in terms of diversity and prize value. Intense competition was the order of the day, with participants demonstrating remarkable levels of skill and endurance as they navigated challenging desert terrain. Held within the Al Marmoom Conservation Reserve in Dubai, the event featured two unique routes: Sarouq Al-Hadid (52 km) and Al Ashoosh (57 km). The race also includes a timed sprint segment at Areeqib Brashi. His Excellency Omair bin Jumaa Al Falasi, Director General of the Private Office of His Highness the Ruler of Dubai and Chairman of the Supreme Organising Committee of the Al Salam Cycling Championship, flagged off the race, which was held in the presence of many distinguished guests. In a rousing display combining tactical acumen and impressive endurance, the riders took on sand dunes and natural obstacles with gusto. Adhering to strict safety standards, they wore helmets, cycling glasses, and hydration packs as they sped past on mountain bikes equipped with front and rear lights. Team and individual rankings The winners of the race were crowned at the end of the event, with Shabab Al Ahli Cycling Club dominating the top three positions in the Al-Ashoush 57-km race. Their rider Grega Bol secured first place, followed by Cornelis Vermeltfoort in second place and Timo de Jong in third. In the team rankings of the same category, Shabab Al Ahli Cycling Club claimed first place, followed by Airwerks Racing Team in second, and the General Directorate of Residency and Foreigners Affairs (GDRFA) Dubai settled for the third spot. In the Sarouq Al-Hadid 52-km race, Essaid Abelouache from Sheikh Ahmed bin Humaid Al Nuaimi's team secured first place, followed by Jaber Al Mansoori from the Shabab Al Ahli Cycling Team in second, and Soulayman Minaoual from the Yasi team in third. In the team rankings for the 52-km race, Shabab Al Ahli Cycling Club finished first, followed by Sheikh Ahmed bin Humaid Al Nuaimi's team in second, and the Dubai Police Cycling Team in third. Sprint challenge In the Dubai Endurance City Point Sprint Challenge, Ahmed Obaid Saif Al Marri from Sheikh Ahmed bin Humaid Al Nuaimi's team took first place in the UAE Nationals (18-39 years) category. Jaber Al Mansoori of Shabab Al Ahli Cycling Club finished second, and Abdulaziz Saeed of GDRFA Dubai Cycling Team came third. In the Residents (18-39 years) category, Cornelis Vermeltfoort from Shabab Al Ahli Cycling Club claimed first place. Mohamed Farag of Yasi Team took second spot, and Roan Tamang finished third. In the UAE Nationals (40+ years) category, Abdullah Saeed Al Hattawi from the Dubai Police Cycling Team secured first place. Tariq Obaid of the GDRFA Dubai Cycling Team came second, and Naif Al Marzooqi ended in third place. In the Residents (40+ years) category, Ian Dialo Cabahug from Talabat Boys 30+ won the top spot. Arturo Lada of LCW UAE Cycle Procap finished second, and Simon Henely of The Cycle Hub Radisson Team settled for third place. Reflecting on the event, His Excellency Omair bin Jumaa Al Falasi said that the visionary leadership and patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum continued to inspire the sporting community in various ways. He underscored the commitment to continuous innovation, which had transformed the race into one of Dubai's most distinguished sporting events. More than being just a sporting competition, the race offers a fabulous showcase of the emirate's stunning landscapes, providing participating cyclists with a unique challenge that spans road, desert and mountain terrains while at the same time promoting the natural beauty of the Al Marmoom Conservation Reserve. HE Al Falasi noted that the event was designed to celebrate the beauty of Dubai's desert landscapes, with carefully planned routes that not only challenged the field but also showcased the region's stunning natural settings. He highlighted the importance of engaging audiences worldwide and ensuring that those following televised or social media coverage of the race could also enjoy the captivating expanses of Al Marmoom with its serene lakes and diverse geographic features. Applauding the participants, he commended their ability to navigate the demanding course and their remarkable expertise gained over years of competition on surfaces ranging from asphalt to desert to rugged trails. The championship will conclude with the Women's Race on 16 February 2025, at the Al Marmoom Conservation Reserve. Follow Emirates 24|7 on Google News.
Sharjah 24
09-02-2025
- Sport
- Sharjah 24
Mohammed bin Rashid attends Al Salam Cycling Desert Race
Intense competition and challenging routes The race saw intense competition with participants showcasing remarkable skill and endurance as they navigated the difficult desert terrain. The event featured two unique routes: Sarouq Al-Hadid (52 km) and Al Ashoosh (57 km), with a timed sprint segment at Areeqib Brashi. Flag-off and safety measures Omair bin Jumaa Al Falasi, Director General of the Private Office of His Highness the Ruler of Dubai, flagged off the race in the presence of distinguished guests. Participants adhered to strict safety standards, wearing helmets, cycling glasses, and hydration packs while riding mountain bikes equipped with front and rear lights. Winners of the race and team rankings The race concluded with Shabab Al Ahli Cycling Club dominating the top three positions in the Al-Ashoush 57-km race, with Grega Bol claiming first place. In the team rankings, Shabab Al Ahli Cycling Club came first, followed by Airwerks Racing Team and the General Directorate of Residency and Foreigners Affairs (GDRFA) Dubai. Results of the Sarouq Al Hadid 52-km Race In the Sarouq Al-Hadid 52-km race, Essaid Abelouache from Sheikh Ahmed bin Humaid Al Nuaimi's team secured first place, followed by Jaber Al Mansoori from Shabab Al Ahli Cycling Team in second. The top team ranking went to Shabab Al Ahli Cycling Club, followed by Sheikh Ahmed bin Humaid Al Nuaimi's team and Dubai Police Cycling Team. Dubai Endurance City Point Sprint Challenge Results In the Dubai Endurance City Point Sprint Challenge, Ahmed Obaid Saif Al Marri from Sheikh Ahmed bin Humaid Al Nuaimi's team secured first place in the UAE Nationals (18-39 years) category. Cornelis Vermeltfoort of Shabab Al Ahli Cycling Club claimed first place in the Residents (18-39 years) category, and Abdullah Saeed Al Hattawi from Dubai Police Cycling Team won the UAE Nationals (40+ years) category. Recognition of participants and event impact Omair bin Jumaa Al Falasi praised the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, which has transformed the race into one of Dubai's most distinguished sporting events. He also emphasised how the race showcases the stunning desert landscapes of Dubai's Al Marmoom Conservation Reserve, offering a unique challenge to cyclists while promoting the region's natural beauty. Looking ahead to the women's race The championship will conclude with the Women's Race on 16th February 2025, at the Al Marmoom Conservation Reserve, celebrating the accomplishments of female cyclists.
