Latest news with #AjmanVision2030
Web Release
3 days ago
- Business
- Web Release
Ajman Bank Wins MEA Finance Banking Technology Awards 2025 for Outstanding Innovation and Digital Excellence in Islamic Banking
Ajman Bank has been recognised as one of the winners at the prestigious MEA Finance Banking Technology Awards 2025, held on 8 May at the Armani Hotel, Burj Khalifa in Dubai. Now in its fifth year, the awards celebrate excellence in banking innovation and digital transformation across the Middle East and Africa, attracting over 300 senior banking and fintech leaders. Commenting on the achievement, Mr. Mustafa Al Khalfawi, CEO of Ajman Bank, said: 'We are honoured to receive this prestigious award. It is a testament to the strength of our transformation strategy and the dedication of our team. This recognition reflects our customers' trust and our ongoing commitment to providing seamless, secure, and inclusive digital banking experiences. We remain focused on driving innovation in the UAE's financial ecosystem through speed, service, and specialisation.' Organised by MEA Finance Magazine, the awards are widely considered a benchmark for excellence in banking technology. Winners were selected by an expert panel based on criteria including innovation, strategic impact, and execution. The award specifically recognises Ajman Bank's achievement in 'Best Cloud Implementation,' a milestone that has significantly enhanced the overall user experience by delivering faster, more seamless digital services. The adoption of cloud technologies has also opened new, dynamic channels of engagement with customers – redefining convenience, connectivity, and responsiveness in Islamic banking. This accolade further cements Ajman Bank's standing as a digitally agile Islamic bank. The bank's achievements include the successful launch of digital-first services such as instant account opening, fully digital credit card issuance, and collaborations with global fintech and payment platforms. These efforts support the Bank's strategic objectives around financial inclusion, sustainable growth, and the Ajman Vision 2030.
Arabian Business
3 days ago
- Business
- Arabian Business
Ajman real estate: Rental contract value up 41% to $369m in Q1
Ajman Municipality and Planning Department has reported significant growth in the value of rental contracts for the first quarter of 2025, reaching AED1.355bn ($369m). This represents a 41 per cent increase compared to the same period over the past three years. The growth underscores the success of the Ajman Vision 2030's objectives to foster a competitive business environment and an investment conducive climate, directly supporting strategic goals for enhancing the business climate and investment promotion. Ajman real estate Abdulrahman Mohammed Al Nuaimi, Director General of the Department, stated that the Emirate of Ajman continues to strengthen its position as a leading destination for sustainable development and is confidently advancing toward achieving quality of life and community well-being. He elaborated that this comprehensive value encompasses residential, commercial, and investment contracts, signalling strong confidence from both individuals and businesses in Ajman's appeal as a place to reside and invest. This is further bolstered by the emirate's flexible legislation and regulations and its digital transformation initiatives, which significantly streamline transactions for entrepreneurs. Noura Rashid Shataf, Executive Director of the Strategy and Customer Happiness Sector at the Department, stated that the Department adopts comprehensive plans for continuous improvement and development. Its skilled workforce leverages smart technologies and advanced systems to authenticate rental contracts and complete transactions swiftly and efficiently. She also revealed that the total number of transactions completed during the first quarter of 2025 amounted to 39,009 transactions, including: 28,520 residential contract transactions 10,422 commercial contract transactions 67 investment contract transactions
Sharjah 24
3 days ago
- Business
- Sharjah 24
Ammar bin Humaid highlights AU's role in knowledge economy
During his chairmanship of the meeting of the University's Board of Trustees, he stressed the importance of instilling a culture of knowledge-based giving and strengthening effective partnerships with the public and private sectors. This will contribute to building a sustainable knowledge-based economy and consolidate Ajman University's position as a leading national academic institution with global reach. Welcome At the beginning of the meeting, held at Ajman University, His Highness welcomed the members of the Board, praising their efforts that have contributed to strengthening the University's progress and consolidating its academic and community presence at the local and international levels. A strategic milestone His Highness affirmed that Ajman University's transformation into a non-profit educational institution is a strategic milestone in its journey and reflects its commitment to its national role in achieving the goals of "We the Emirates 2031" and "Ajman Vision 2030." Promoting academic excellence His Highness explained that this transformation will contribute to enhancing academic excellence by developing innovative educational and research programmes that respond to the nation's priorities. It will also enhance the sustainability of the university's institutional growth by diversifying sources of income and reducing reliance on tuition fees, which supports its future plans and expands its societal impact. Fostering a culture of knowledge giving His Highness Sheikh Ammar bin Humaid Al Nuaimi emphasized the importance of fostering a culture of knowledge giving and strengthening effective partnerships with the public and private sectors, contributing to building a sustainable knowledge economy and consolidating Ajman University's position as a leading national academic institution with a global reach. Supporting governance and enhancing institutional efficiency During the meeting, His Highness reviewed updates and achievements regarding the performance of the Board of Trustees' subcommittees, including the Academic Affairs and Community Outreach, Financial Audit, and Financial Sustainability committees, which aim to support governance and enhance institutional efficiency. The University's most notable achievements His Excellency Dr Karim Seghir, Chancellor of Ajman University, presented the university's most notable achievements over the past period, including the College of Dentistry receiving international academic accreditation from the Australian Dental Council for a period of seven years, making it the first educational institution in the UAE to receive this prestigious accreditation for undergraduate and postgraduate programs in this specialization. Global rankings Seghir also reviewed the university's progress in global rankings, ranking among the top 51-100 universities globally and first in the country for data science and artificial intelligence, according to the QS World University Rankings 2025. Advanced rankings The university also achieved advanced rankings in several other disciplines, including Pharmacy and Pharmaceutical Sciences, ranked among the top 151-200 globally and first in the country; Computer Science and Information Systems, ranked among the top 201-250 globally and second in the country; Mathematics, ranked among the top 201-250 globally and second in the country; Accounting and Finance, ranked among the top 251-300 globally; and Sociology and Management, ranked among the top 284 globally and third in the country. Qualitative Programmes To emphasise the university's commitment to keeping pace with labour market requirements, a number of qualitative programmes have been introduced, including a Bachelor of Science in Artificial Intelligence, a Bachelor of Science in Cybersecurity, a Bachelor of Science in International Hospitality Management, a Bachelor of Science in Physiotherapy, a Master of Clinical Psychology, a Master of Digital Sociology, and a Master of Science in Orthodontics. Two new agreements The meeting reviewed two new academic cooperation agreements with Chongqing University and Southwestern University in China, signed during the official visit of His Highness Sheikh Ammar bin Humaid Al Nuaimi to Chongqing. Deepening scientific and cultural exchange These partnerships aim to strengthen Ajman University's position as an internationally oriented non-profit institution, seeking to deepen scientific and cultural exchange and develop joint academic programs that translate the country's vision and align with the Emirate of Ajman's policies in supporting innovation, scientific research, and sustainable education. Joining the QS Middle East Global Advisory Committee As part of its support for scientific research, Dr Karim Seghir announced his joining the QS Middle East Global Advisory Committee. Dr Sai Budhu also received the Highly Cited Researcher Award in Pharmacology and Toxicology, according to the Clarivate rankings. Research grant Dr Rao Naveed, a faculty member in the College of Engineering and Information Technology, received a research grant worth AED 1.5 million to establish an advanced computing lab. Eco Sphere Foundation License Dr Karim Seghir noted that the university has obtained the official license for the Eco Sphere Foundation, which specialises in developing electronic games designed for people of determination. The foundation was founded by Emirati citizen Mohammed Al Marzouqi, a person of determination, with support from the Innovation Center at Ajman University, in a story that embodies determination and excellence. Attendees The meeting was attended by members of the University's Board of Trustees, including His Excellency Abdullah Mohammed Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry; His Excellency Dr Saeed Saif Al Matrooshi, Secretary-General of the Ajman Executive Council; Her Excellency Dr Raja Easa Al Gurg, CEO of the Easa Saleh Al Gurg Group; Her Excellency Dr. Amina Abdul Wahid Al Rostamani, Board Member and Director of the Abdul Wahid Al Rostamani Family Company; His Excellency Rashid Abdul Rahman bin Jubran Al Suwaidi, Director General of the Ajman Government Human Resources Department; Abdullah Humaid Al Mazrouei; Dalia Al Muthanna; and Dr Karim Al Saghir, University Chancellor.
Zawya
5 days ago
- Business
- Zawya
Ajman's rental contract value soars 41% to $369mln in Q1-25
AJMAN – Ajman Municipality & Planning Department has reported significant growth in the value of rental contracts for the first quarter of 2025, reaching AED 1.355 billion. This represents a 41% increase compared to the same period over the past three years. The growth underscores the success of the Ajman Vision 2030's objectives to foster a competitive business environment and an investment conducive climate, directly supporting strategic goals for enhancing the business climate and investment promotion. Abdulrahman Mohammed Al Nuaimi, Director General of the Department, stated that the Emirate of Ajman continues to strengthen its position as a leading destination for sustainable development and is confidently advancing toward achieving quality of life and community well-being. This reinforces its standing among leading cities for investment and entrepreneurship. He elaborated that this comprehensive value encompasses residential, commercial, and investment contracts, signaling strong confidence from both individuals and businesses in Ajman's appeal as a place to reside and invest. This is further bolstered by the emirate's flexible legislation and regulations and its digital transformation initiatives, which significantly streamline transactions for entrepreneurs. For her part, Engineer Noura Rashid Shataf, Executive Director of the Strategy and Customer Happiness Sector at the Department, stated that the Department adopts comprehensive plans for continuous improvement and development. Its skilled workforce leverages smart technologies and advanced systems to authenticate rental contracts and complete transactions swiftly and efficiently. She also revealed that the total number of transactions completed during the first quarter of 2025 amounted to 39,009 transactions, including 28,520 residential contract transactions, 10,422 commercial contract transactions, and 67 investment contract transactions, reflecting continuous improvements in authentication procedures and user facilitation.
Gulf Today
25-05-2025
- Business
- Gulf Today
Ajman CP meets Emirati students studying in China
Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, has met Emirati students studying in China, during his visit to Chongqing city. Also attending were Sheikh Abdulaziz Bin Humaid Al Nuaimi, Chairman of the Ajman Department of Tourism Development; Sheikh Rashid Bin Ammar Bin Humaid Al Nuaimi, Vice President of Ajman Club; Hussain Bin Ibrahim Al Hammadi, UAE Ambassador to the People's Republic of China; and senior officials from Ajman government. Sheikh Ammar welcomed the students, emphasising his keenness to check on their well-being and academic progress. He expressed pride in their ambition and achievements, stressing the leadership's commitment to supporting them. He also acknowledged the continuous support provided by the UAE's diplomatic missions in China. He praised the students' 'bold decision' to study in China, highlighting their openness to new cultures and experiences. 'The leadership and people of the UAE are immensely proud of your commitment to education and your dedication to serving our nation. We extend our gratitude to your families for their belief in you and their support throughout your journey,' Sheikh Ammar told the students. He encouraged them to be exemplary ambassadors for the UAE abroad by upholding national values and traditions. The students expressed gratitude for Sheikh Ammar's visit, noting that his support is a strong motive to continue striving for excellence and contributing to the UAE's progress. On Thursday, Sheikh Ammar met Yuan Jiajun, member of the Political Bureau of the Central Committee of the Communist Party of China and Party Secretary of Chongqing, along with several senior officials. During the meeting, Sheikh Ammar discussed with Yuan Jiajun and senior officials of the city government ways to strengthen cooperation across various sectors, including advanced technology, industry, and renewable energy, in addition to exploring investment and trade opportunities between Ajman and Chongqing. Sheikh Ammar extended an invitation to Yuan Jiajun and Chongqing government leaders to visit Ajman, aiming to deepen collaborative relations and solidify ties between the two sides. Sheikh Ammar said, 'Our vision is centered on promoting innovation, utilising advanced technologies across various fields, and activating international cooperation to achieve comprehensive and sustainable development. In Ajman, we believe that strengthening partnerships with major Chinese cities contributes to driving growth and prosperity for both parties.' He added, 'In 2024, the Emirate of Ajman launched the 'Ajman Vision 2030' out of our belief in the importance of anticipating the future, creating a competitive business environment, and fostering an investment climate that drives economic growth. Our visit affirms our desire to build strategic partnerships with Chongqing, opening new horizons for investment in promising areas such as clean energy, smart infrastructure, and waste management and recycling.' He further emphasised, 'We believe that the partnership between Ajman and Chongqing will contribute to achieving our shared goals and support the Ajman Vision 2030, aimed at building a prosperous emirate with a competitive economy, high quality of life, environmental sustainability, and an innovative government.' For his part, Yuan Jiajun affirmed the depth of China–UAE relations, noting that the visit of the Crown Prince of Ajman opens new prospects for cooperation between the two sides, particularly in digital economy, manufacturing, and sustainable development sectors. Chongqing is one of China's largest cities, enjoying a strategic location and a prominent position in the industries of manufacturing, energy, and trade, making it a pivotal partner in enhancing cooperation between the United Arab Emirates and the People's Republic of China. On Friday, Sheikh Ammar attended the launch of the China (Chongqing) – UAE Conference on Promotion of Trade and Investment. The event saw participation from a UAE delegation representing various government and economic entities. During the event, Sheikh Ammar toured the UAE pavilions in the accompanying exhibition and witnessed the signing of 10 strategic Memoranda of Understanding (MoUs) between the Government of Ajman and Chongqing Municipality. WAM
