Page 128 - AJMAN UNIVERSITY PR REPORT - MAY 2025

5/26/25, 12:00 PM Ajman Crown Prince witnesses signing of 10 strategic MoUs between Ajman government, Chongqing Municipality
Hammadi, UAE Ambassador to the People's Republic of China; Senior officials from Ajman Government, and business
leaders and investors from both sides.

The conference included presentations on investment opportunities across various Emirates.

In his keynote address, Sheikh Abdulaziz bin Humaid Al Nuaimi emphasised that the UAE's wise leadership, under
President Sheikh Mohamed bin Zayed Al Nahyan, has laid the foundations for a balanced foreign policy based on
openness and international cooperation. The UAE-China partnership, he noted, is a model of mutual understanding and
joint action.

He highlighted that the MoUs signed reflect the vision of Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme
Council and Ruler of Ajman, to enusre the Emirate's prosperity and quality of life, making it one of the world's most
attractive destinations for living and investment.

Sheikh Abdulaziz emphasised that the Crown Prince's leadership of the delegation underscores Ajman's deep commitment
to expanding international cooperation and forging strong partnerships with China, building on their long-standing bilateral
ties.

He noted that the UAE-China strategic partnership spans decades, advancing into key sectors such as clean energy,
education, tourism, and future technologies.

Regarding the MoU between Ajman and Chongqing, Sheikh Abdulaziz stated that it aims to establish a sister-city
relationship and foster strategic partnerships, supporting Ajman Vision 2030, which aspires to a diversified, competitive
economy and sustainable development built on innovation, a robust private sector, and improved quality of life for future
generations.

Sheikh Abdulaziz also announced the launch of the Ajman Economic Report 2025, developed in collaboration with the
Oxford Business Group. The report highlights the Emirate's economic growth drivers and its path toward a diversified and
sustainable economy aligned with Ajman Vision 2030.

The report showcases key sectors such as industry, technology, tourism, and financial services, addressing efforts in digital
transformation and balancing cultural identity with economic development. It underscores Ajman's growing stature on the
global investment map and provides a comprehensive analysis of its economic landscape and
available investment opportunities.

Sheikh Abdulaziz welcomed Chinese companies and investors to explore the UAE's exceptional opportunities and join a
thriving development journey that embodies the UAE-China partnership spirit. He noted that the two countries share
aligned visions for sustainable development, innovation, and a future-forward approach. The conference, he said, offers a
vital platform for direct engagement between business communities and highlights new initiatives to deepen economic ties.

He concluded by thanking the UAE Embassy in Beijing and organising entities for their efforts in fostering bilateral
cooperation and supporting initiatives that contribute to a brighter, more prosperous future for both nations.

For his part, the UAE Ambassador to China confirmed that the conference reflects the depth of the two countries' economic
relations. He noted that non-oil trade exceeded US$ 90 billion in 2024, with mutual aspirations to reach US$ 200 billion by
2030.

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