Our business communities are not just small and medium enterprises, but also business hubs filled with leisure and lifestyle activities in their own rights.
Over the past few decades, the free zone concept gained a tremendous momentum particularly in the regions of Asia, the Middle East and Africa. The first ever free zone was established at the Shannon Airport in Ireland in 1959 and was named the Shannon Free Zone. Over the years, an estimated 2,260 free zones have cropped up around the world playing a vital role in empowering the economies of many countries and ensuring a secure, proactive, and business-friendly environment.
The earliest rendition of warehouses dates back to 2nd century B.C. in ancient Rome, where grains were stored in a complex called the ‘Horrea Galbae’, which were large structures constructed near the Tiber River. These ‘Horrea Galbae’ are the earliest documented warehouse-like structures which served as a storage space for goods.
Over the last 20 years, the Middle East has made a marked change away from just being oil-dependent to transforming its approach to international trade and development. The region has undergone a change based on its strategic location and accessibility to grow business around the world.
Over the years, free zones have made a vital contribution to economic growth of a country by promoting international and national trade. It is an integral part of the UAE’s trade and commerce and has made a notable impact on the influx of international investors and businesspeople who want to start their own business in the country.
A major trend is emerging in the business scenario with E-commerce gaining popularity across all the sectors. Consumers are slowly transitioning to the digital platform, which has given the E-commerce market a boost in recent years. This trend was further accelerated by the COVID-19 pandemic induced restrictions.
Digitalization has transformed how businesses operate and has become a key factor in shaping business journey and growth. Consumers have become accustomed to seamless and convenient digital experiences, and companies that provide these reliable solutions and promptly respond to customer requirements are likely to succeed.
The world has undeniably entered the age of financial technology (fintech), with mobile phone ownership at a record high, especially in emerging markets, and the COVID-19 pandemic changing the way businesses and consumers behave. We find ourselves in an era of intense evolution in the financial services industry, with digital services changing from incidental to indispensable.
Ajman Free Zone has always been committed to facilitating growth and diversification of the national economy. The organization has constantly provided an environment to support businesses and investors since its inception in 1988 and continues to develop various initiatives and partnerships to further this goal. It is in line with this strategy that the Ajman Free Zone has now partnered with the World Free Zones Organization, which is the strongest and most active free zone organization in the world.
As an organization that aims to contribute significantly towards the growth of the e-commerce sector in the country, Ajman Free Zone is constantly striving to offer solutions, programs, services, and a conducive business environment for companies operating in the business hub. Through its recent inclusion in Amazon Web Services Activate Program, AFZ reaffirms its commitment to facilitating growth in the e-commerce sector in the UAE and Ajman and aims to find new ways to serve its business partners and investors more efficiently.
The retail e-commerce market has grown dramatically in recent years, especially with the digital shift which was further accelerated by the COVID-19 pandemic. Worldwide e-commerce sales are expected to reach USD 5 trillion in 2022 and USD 6 trillion in 2024, according to industry analysts. E-commerce markets have seen consistent growth in activities – opening more opportunities for retail businesses as well as consumers. While e-commerce continues to grow, traditional brick-and-mortar retail stores are faced with new challenges due to the evolving markets and consumer behaviour.
Since its inception in 1988, with its advanced facilities and state of the art infrastructure, Ajman Free Zone (AFZ) has been proving its integral role in driving the sustainable growth of businesses that it houses. AFZ, the dynamic business ecosystem which currently serves more than 9,000 companies in diverse sectors from 185 countries, is one of the busiest economic hubs in the region. It also supports its partners extensively in the expansion of their businesses into the Middle East, Africa, and South Asia.
Ajman Free Zone recognizes its vital role and contribution not just to the emirate of Ajman but also to the region’s economy. Alongside our numerous business partners, we significantly contribute to the diversification and growth of the economy as well as in generating jobs, among others. Given this pivotal role, we ensure that we provide innovative products and services to our business partners for them to unlock more opportunities and serve their customers smarter.
Customer support departments operate on a 24/7 basis since clients should have the ability to seek support and assistance anytime, anywhere. The demand for this service is further heightened by the proliferation of mobile devices today
Sustainable warehousing is all about integrating, balancing and managing the economic, environmental and social inputs and outputs of typical warehousing operations. The presence of warehouses and its use represents
Ajman is a fast-growing emirate in the UAE that offers global investors and entrepreneurs with comprehensive and attractive growth support and propositions. Over the years, Ajman has welcomed many enterprises from across industries seeking to expand and carve a niche in the growing local and regional markets
The coronavirus disease (COVID-19) pandemic has presented a broad range of related challenges before businesses around the world. Governments around the world, including the UAE, did not waste any time in acknowledging the severity of the situation and responded proactively through highly organized
Many countries affected by the coronavirus disease (COVID-19) pandemic, including the UAE, have already begun their recovery phase gradually reopening their economies and slowly lifting restrictions under strict precautionary safety and health measures