Ajman Free Zones Authority inks 2 MoUs to boost business growth

Ajman Free Zones Authority inks 2 MoUs-GCC Business News
Image credits: WAM | Cropped by GBN
By Desk Reporter, GCC Business News

The Ajman Free Zones Authority has signed two Memoranda of Understanding during the Make it in the Emirates (MIITE) 2026 aimed at strengthening support for licensed companies through advanced digital, communications, commercial, and banking solutions designed to boost business growth and operational efficiency.

The agreements form part of the Authority’s broader strategy to build an integrated and future-ready business ecosystem that supports companies beyond the establishment and licensing phase, helping them remain competitive in a rapidly evolving digital economy.

Ajman Free Zones Authority-e& MoU

As part of the initiative, the Ajman Free Zones Authority signed an MoU with e& (Etisalat) to provide innovative digital, communications, and commercial solutions tailored for companies licensed under the Authority. The partnership is expected to help businesses improve operational efficiency, strengthen connectivity, and support sustainable growth.

The agreement was signed by Mosbah Al Musafri, Director of Customer Experience and Service Delivery at the Ajman Free Zones Authority, and Saud Ibrahim Karmustaji, Vice President of Government Sales at e&.

The partnership reflects a shared commitment to empowering businesses beyond the licensing stage by providing digital infrastructure, advanced tools, and operational support needed to help companies compete and expand in increasingly digital markets.

Ajman Free Zones Authority- National Bank of Fujairah MoU

In a separate agreement, the Ajman Free Zones Authority have signed an MoU with National Bank of Fujairah to enhance access to banking and financial services for companies licensed with AFZ and AMC.

Under the agreement, licensed businesses will gain improved access to financial and banking solutions offered by the bank, enabling them to explore suitable services, initiate business discussions more effectively, and pursue growth opportunities with greater confidence.

The two partnerships underscore the efforts of Ajman Free Zones Authority to strengthen a sustainable business ecosystem that supports entrepreneurs, innovators, investors, and emerging companies through expanded digital and financial opportunities.

The latest agreements also align with the UAE’s broader economic development goals focused on innovation, industrial growth, digital transformation, and private sector competitiveness.

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