Ruler of Ajman issues royal decree to establish free zone in the Emirate
The United Arab Emirates (UAE) has appointed Sheikh Mohammed bin Abdullah bin Sultan Al Nuaimi as the Chairman of a planned free zone, Ajman Centre for New Projects (Free Zone)
Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, issued two Emiri Decrees No. (15) of 2023 establishing the Centre for New Projects (Free Zone) and No. (1) of 2024 the appointment the Chairman.
The decrees shall come into force from the date of their issuance and published in the Official Gazette.
According to the Emiri Decree No. (15) of 2023, a free zone named the Ajman Centre for New Projects will be established in the emirate.
“The Centre will be affiliated to the government, and will enjoy legal personality, financial and administrative independence, and have the legal capacity necessary to achieve its objectives and exercise its powers and duties as stipulated in the provisions of the decree.’’
Arabianbusiness
https://www.arabianbusiness.com/politics-economics/ajman-announces-new-uae-free-zone
