Ajman, United Arab Emirates: Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone said that the increasing number of investors in the free zone is a positive sign of confidence among the global entrepreneurs and SME owners.

 Sheikh Abdul Aziz bin Humaid Al Nuaimi said: The growing numbers of new companies in  Ajman Media City Free Zone (AMC FZ)   is a testament to how our free zone is helping UAE become a global destination for media, entertainment technology businesses and entrepreneurs. The core objective of Ajman Media City Free Zone (AMC FZ) was to develop a world class, competitive and customer friendly creative hub for the entrepreneurs.

 “Since our launch in 2018, over 2000 entrepreneurs and SME owners in diverse sectors of media, entertainment, tech and digital media have set up their operations here.

We are very confident that the numbers of our customers will increase significantly in the first quarter of 2020.”

Cost competitiveness, speedy set-up and ease of doing business are the most compelling reasons for companies choosing AMC FZ according to most of the CEO's and owners who set their base in Ajman Media City Free Zone.

Mr. Mahmood Al Hashmi, CEO of Ajman Media City Free Zone said: “The recent PwC global outlook report suggests that globally media and entertainment industry revenues will reach $792.3 billion by 2022. The topmost concern of the CEO’s of this industry is to find sustainable ways to stay ahead of the competition and do so in a cost-effective manner. We can address these concerns of the SME owners and give them easy access to Middle East North Africa and Indian sub-continent. We continue to receive high response from the key markets of Russia, China, India, Europe and the USA.”

 Ajman Media City Free Zone milestone decisions include:

 Fast track set-up and licensing process

  • Removing the eChannel deposit requirement
  • Removing all security deposits related to visa processing to lower the cost of setting up business
  • The investors can set up a business without the mandatory visit to UAE and reduce the start-up costs significantly
  • Start-up packages to suit a range of investment needs, budgets and requirements.

More information available on http://amcfz.ae/ 

PR Contact:Anu Bhatnagar, +971507286803 Email : anu@doodleworldwide.com 

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.