TBY signs MoU with Ajman Department of Economic Development

TBY has signed a Memorandum of Understanding with the Department of Economic Development in Ajman. The MoU calls for cooperation in highlighting the attractive investment environment of the Emirate of Ajman by outlining growth areas and sector performance. The role played by the Department of Economic Development in Ajman is to provide an attractive environment for investors, and the department will serve as a strategic partner of TBY as it works toward the publication of its new annual edition.

The parties were represented in the signing of the MoU by Mrs. Fatima Ahmed Al Shamsi, Director of Corporate Communications from the Department of Economic Development in Ajman, and Mrs. Betul Cakaloglu, TBY Managing Director – Middle East.

At the signing ceremony, Mrs. Fatima Ahmed Al Shamsi expressed the importance of this agreement, which “coincides with the strategic objectives of the Department of Economic Development: to attract and encourage investment in the Emirate of Ajman. Through utilizing TBY’s platforms and targeted distribution which reaches out to its global database of high-ranking government officials, decision makers, thought leaders, and investors, the DED can showcase the rich investment opportunities in the Emirate.”

Mrs. Betul Cakaloglu said, “We are delighted to have signed this MoU with the leading entity in charge of developing the local economy in the Emirate of Ajman. For us to have a strong local partner such as Ajman DED is invaluable to the work TBY carries out.”