The Ajman Chamber of Commerce and Industry (ACCI) participated in the 2024 “SelectUSA Investment Summit” held in Maryland, USA. This major event attracted over 4,000 participants from various countries, creating a valuable platform for international collaboration.

Sheikh Sultan Bin Saqer Al Nuaimi, Second Vice Chairman of ACCI, highlighted the summit’s focus on discussing the latest trends and opportunities in technology and artificial intelligence (AI).

Ajman Chamber of Commerce and Industry joined the UAE delegation under the umbrella of the Federation of UAE Chambers of Commerce and Industry (FCCI) with several key objectives.

By showcasing the emirate’s unique advantages to a global audience, the chamber hoped to attract foreign direct investment (FDI) that would contribute to Ajman’s economic growth.

Additionally, participation in the summit allowed ACCI to develop a stronger global economic network and build new connections with international entities.

Furthermore, ACCI sought to explore partnerships with participating countries and entities to drive economic development for all parties involved.

Al Nuaimi emphasised that the summit emphasised collaboration and investment in various specialised fields, including technology services, AI, product development, advanced industries, education, and renewable energy. These areas align perfectly with Ajman’s goals for economic development, making the summit a particularly relevant platform for the chamber.

The summit also served as a valuable platform for fostering international collaboration. The participation of government officials, major companies, and private sector institutions facilitated the exploration of cooperation and partnership opportunities.

Additionally, it provided a space for exchanging valuable experiences, particularly with US entities, allowing ACCI to gain insights that can be implemented within Ajman.

Al Nuaimi further highlighted that Ajman can showcase its unique advantages as an investment destination by actively engaging with the international community, leading to increased economic activity and prosperity.

He added that the Ajman Chamber met with US officials and business owners to boost trade between Ajman and the US and discussed holding future meetings and events to explore promising trade opportunities.

Ajman Chamber participated in the UAE-Turkmenistan Business Forum held on Thursday in Ashgabat, the capital of the Republic of Turkmenistan.

The discussions focused on ways to enhance economic and trade relations between the two countries and explore investment opportunities in tourism, construction, energy, logistics, aviation, agricultural products and other sectors.

Mohammed Khalifa bin Salmeen Al Aryani, a member of the Board of Directors, praised the forum for facilitating discussions on economic and investment partnerships between the UAE and Turkmenistan. He expressed optimism about the future of bilateral relations and highlighted the potential for joint projects to support the development process in both countries.

He highlighted Ajman’s efforts to strengthen its presence in international markets and expand cooperation and partnership with the Republic of Turkmenistan, which is a promising international partner.

Meanwhile Salem Al-Suwaidi, Director-General of the Ajman Chamber of Commerce and Industry (ACCI), welcomed K Candra Negara, the Consul General of the Republic of Indonesia in Dubai to discuss ways to enhance relations, strengthen partnerships, develop the volume of mutual investments, and increase the volume of bilateral trade between Ajman and Indonesia.

The meeting was attended by Mohamed Ali Al Janahi, Executive Director of the Member Support Services Sector at the ACCI, and Ali Rashid Al Kaitoob, Executive Director of the Studies and Investment Development Sector, on behalf of the Department of Economic Development in Ajman (Ajman DED), Sheikh Abdulaziz Bin Hamdan Al Nuaimi, Acting Director of the Commercial Registration Administration, and Majid Al Suwaidi, Director of the Economic Licensing Department, were present. The Indonesian delegation included Ahmad Saleh Kusnowibowo, the Consul for Economic Affairs,

Salem Al-Suwaidi, praised the bilateral relations between the UAE and Indonesia, and stressed that Ajman Chamber is seeking to open effective channels of cooperation between the business communities in both Ajman and Indonesia, and to enhance the utilisation of available investment potentials and opportunities in all sectors, especially in light of the Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and Indonesia.

Explaining that the meeting is part of Ajman Chamber’s agenda to diversify its external partnerships, to develop and sustain its network of relations to support opportunities for business expansion and development, and to promote the Emirate as an ideal investment destination.