2020 Mar 30 Mon, 07:53:07 pm

Ajman Ruler issues law on local SMEs

AJMAN, 30th March, 2020 (WAM) -- H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, today issued Law No.1 for 2020 on small and medium-sized enterprises, SMEs, in Ajman. The law aims to promote economic growth, support local SMEs, and encourage the country’s citizens to engage in economic activity and create more job opportunities. The law stipulates several definitions related to establishments and projects considered SMEs, including those noted in Cabinet Resolution No.22 for 2016 or any other relevant federal...