Business Bureau, Gulf Today
AJMAN: Sheikh Ahmed Bin Humaid Al-Nuaimi, His Highness the Ruler of Ajman’s Representative for Administrative and Financial Affairs, and the Chairman of the Department of Economic Development (DED), said that the Emirate of Ajman is keen for the instilment and sustainability of an economic environment that is attractive for investment and supportive for the businessmen sector according to Ajman Vision 2021. Supporting economic growth and the encouragement of investment is a strategic objective of Ajman Department of Economic Development (DED-Ajman), as launching “Riyada” programme takes place as an important step in supporting the enterprise incorporation movement and that contributes to enhancing the citizens’ contribution to economic activity.
Furthermore, the Emiri Resolution No. 7 of 2019, passed by His Highness the Crown Prince of Ajman, the Chairman of the Executive Council, for the exemption of household economic activities from local fees, is a part of the initiatives of the Emirate’s government for the motivation of economic activity in the various forms thereof, and is a significant source of support for the citizens who wish to undertake their activity from home, as “Riyada” programme will ensure the provision of all the necessary facilities, advantages, and services to them.
This was mentioned in the course of His Highness’s comment on launching “Riyada” household licensing programme by DED-Ajman concurrently with the beginning of the year of preparing for the 50th anniversary of the UAE. This programme involves giving household licences to the male and female citizens who are living in the Emirate of Ajman, along with exempting them from all local fees in the Emirate of Ajman for a duration of three years from the licence issuance date, for Nos. 120 economic activities. This aims to motivate citizens to undertake commercial and professional business and to become business entrepreneurs. The department provides customers with the opportunity to see the list of activities of “Riyada” programme on the department’s website.
In his role, Ali Eissa Al-Nuaimi, the Department’s Director General, said: “The resolution of His Highness the Department’s Chairman for “Riyada” programme was made as an important motive for the enhancement of economic activity and business movement within the Emirate of Ajman, by encouraging male and female citizens to start-up commercial activity from home along with exempting them from all local fees for a duration of 3 years, and the provision of a package of various consultative, training, and marketing services. “Riyada” is the first programme of type that serves both men and women for undertaking commercial activity from home, aiming to increase the citizens’ contribution to economic activity.”
All holders of household “Riyada” licenses will get the department’s support in the form of automatic membership in “Tazeez” programme, which, in role, supports business entrepreneurs with economic consultations and feasibility studies, and the organisation of training workshops throughout the year, along with the various promotional and marketing initiatives that are held in support of enterprise owners.