Ajman Media City Free Zone, a new investment destination in the Emirate of Ajman, is looking for strategic partnerships with Indian companies from the media, entertainment and digital sector.

A visiting trade delegation in Mumbai offered flexible and innovative business set-ups to entrepreneurs in the media, digital and the entertainment sector.

Going cost-effective

Mahmoud Khalil AlHashmi, CEO of Ajman Media City Free Zone (AMCFZ), was in Mumbai along with senior management. The trade delegation is focussing on efforts to grow India’s investments in the UAE.

AlHashmi said that establishing a business set-up in the UAE, one of the fastest growing markets, has become much more easier and cost-effective with the AMCFZ, a free hub for small and medium businesses and entrepreneurs.

‘Culture of innovation’

Within a few months of its launch, the AMCFZ is supporting the local economy of Ajman and the UAE by attracting new companies and trade interests from chambers, trade organisations and investment hubs, officials said.

Following a similar trade visit to Russia, the delegation was touring India in a week-long trade mission.

Officials emphasised that AMCFZ management would support investments in the field of media and “provide the ground for the growth of companies even as it instils a culture of innovation.”

With key policies, AMCFZ has managed to lower the cost of doing business in the UAE, making it a very attractive global centre for business owners, they added.