Ajman Bank kicks off construction of development with groundbreaking ceremony

Ajman, UAE. Wednesday, September 16, 2015:  Ajman Bank, the award-winning Islamic financial services institution committed to transforming the experience of Islamic banking, had marked yet another corporate milestone with the introduction of its new project to develop and construct a commercial complex in Al Jurf Industrial area.

Commenting on this project, Mr. Mohamed Amiri, CEO of Ajman Bank, said, "The adoption of Ajman Bank for this project, which will be marked as one of the largest developing projects for showrooms and warehouse in the Northern Emirates, stems from our belief in the strength of the UAE’s economy in general and the economy of the Emirate of Ajman in particular. It is also due to the momentum development the Emirate is witnessing at all levels, led by our awareness of the fact that the bank’s responsibility is not only to participate in this development, but also to be proactive and initiative in this field, in a way to consolidate its position being the official bank of the Emirate of Ajman. By launching this project today, we are bringing an icon into Emirate of Ajman; with its large surface area and premium location, this project is expected to change Al Jurf’s property scene going forward”.

From his side, Mr. Saif Abdulla Al Ghurair, CEO of “United Seven Constructions” commented by saying:“We are proud to be associated in the development of one of Ajman Bank’s projects and we are honored to be selected to develop this project”.

The official launch of the project was attended by number of executive and managerial level personals from Ajman Bank, presented by Mr. Mohamed Amiri, CEO of Ajman Bank, Mr. Hisham Hamoud, EVP – Chief Business Officer and Mr. Hany Sabry, VP – Head of Investments, Mr. Saif Abdulla Al Ghurair CEO of “United Seven Constructions” the project’s main contractor and Engineer Aqeel Al Bayati, General Manager of AJ Design Consultancy, project’s main consultant.

About Ajman Bank 

Ajman bank provides a wide range of value-driven banking services in the UAE for individuals, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market's best products and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate's economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organization in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.

For more information about Ajman Bank please visit http://www.ajmanbank.ae

For media contact:

Maryam Alshorafa
VP – Head of Corporate Communications & Marketing
Tel:  06 - 7018188
Email: malshorafa@ajmanbank.ae