Page 102 - ADTCM PR REPORT - FEBRUARY 2026

3/4/26, 1:26 PM ADTCM and Ajman Auto District forge strategic partnership
destination for business, innovation, and investment.

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AVENEW, Kora forge JV to develop integrated district in Motor

City

MoU was signed by Sheikh Abdullah bin Ahmed bin Humaid bin Rashid Al

Nuaimi, Vice Chairman of the Board of Directors of ‘Ajman Auto District,’ and

Mahmood Khaleel Alhashmi, Director General of ADTCM, in the presence of

senior officials from both entities.

Sheikh Abdullah Al Nuaimi highlighted that, “This MoU marks a landmark

achievement in the development of the automotive sector and its related

services in Ajman. Through this cooperation, we aim to deliver integrated

solutions that support investors and entrepreneurs, opening up broader

horizons for economic growth, in line with the Emirate’s vision to enhance its

regional competitiveness.”

https://www.gccbusinessnews.com/adtcm-ajman-auto-district-partnership/ 2/3