The market, which is expected to post over Dh100 billion in sales through more than 30,000 transactions in first quarter, will sustain steady increase in transactions and prices throughout the year
His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has approved a budget of Dh2.417 billion for 2022.
Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, said the Ajman Government’s budget embodies the vision of the emirate’s leadership and its plans to reinforce the government’s efforts to establish a happy community and a sustainable green economy, noting the Ajman Government prioritises the happiness of citizens and is aware of their keenness to contribute to the emirate's development.
In this year’s budget year, infrastructure, community facilities and the environment account for 39 per cent, economic affairs for 34 per cent, public services for 19 per cent, and public order and safety by eight percent, he added.
He highlighted the Ajman Government’s keenness to support leading projects in community development, implement ambitious strategies to improve the quality of life in the emirate and launch comprehensive infrastructure projects.
"The emirate’s budget and community projects aim to create a distinguished model that embodies the principles of the leadership, which prioritise peoples’ happiness and building a prosperous community," Sheikh Ammar said.
Sheikh Ahmed bin Humaid Al Nuaimi, Representative of the Ruler of Ajman for Administrative and Financial Affairs and Chairman of Ajman’s Department of Finance, noted that the Ajman Government is exerting consistent efforts to achieve financial sustainability and develop the emirate’s infrastructure and added that the budget underscores its financial stability.
Marwan Ahmed Al Ali, Director-General of Ajman’s Department of Finance, said the 2022 budget is balanced and has no deficits due to the adoption of innovative fiscal policies and flexible approaches to achieve financial stability in the emirate.
The budget meets the development needs of the emirate, and relevant capital and development projects will serve the emirate’s general economic environment, which will reflect the happiness and satisfaction of community members, he stated.
The Department of Finance aims to ensure the long-term sustainability of the emirate, identify and assess financial risks and manage them wisely, and continuously invest in citizens’ capacities and skills, he added.
Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Tourism Development Department (ATDD), said the 2022 budget being set at Dh2.417 billion, a 17 per cent increase compared to last year’s budget, is based on establishing financial foundations for the emirate’s leadership in the areas of commerce, culture, science and tourism, and reinforcing its capacities to address various challenges.
Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Municipality and Planning Department of Ajman, stressed the Ajman Government aims to support vital sectors and facilitate the work of departments and institutions carrying out leading projects.
The 2022 budget is the largest in the emirate’s history, valued at 17 per cent higher than last year’s budget, he added, noting it also underscores the vision of the country’s leadership to develop all sectors and continue the process of growth and prosperity.
The market, which is expected to post over Dh100 billion in sales through more than 30,000 transactions in first quarter, will sustain steady increase in transactions and prices throughout the year
She was shopping in Hong Kong, where she was on vacation with her family, when someone spotted her and asked if she'd like to become a model.
After the October 7 attacks, Israel imposed a complete siege on Gaza, blocking food, water and medicine, before eventually allowing some deliveries
The event highlighted Hilton's innovative ‘Green Ramadan’ initiative and its commitment to sustainable hospitality in Hilton
On every 19th of Ramadan, the country celebrates Sheikh Zayed Humanitarian Day to commemorate the humanitarian efforts of the founding father
Customers can earn miles with every purchase made with any linked payment card across all Union Coop stores and online
People will be trained for a couple of months before they are able to drive and fly it
Conditions are likely to get humid by night time