( AETOSWire ): The Ajman Media City Free
Zone concluded its first European investment forums series with successful events in London
and Lisbon, the two emerging and thriving hubs for creative and tech start-ups.
His Excellency Mahmood Alhashmi, CEO of Ajman Media City Free Zone led the high level
delegation along with Rishi Somaiya, Commercial Advisor and Nader Afify, Business
His Excellency Mahmood Alhashmi said: “Creating a strong presence and build long term
partner relations in global tech and digital media centres is part of our core strategy. We chose
our target audience with due diligence as both London and Lisbon are fastest growing hubs for
“Portugal is recognised by Startup Europe Partnership (SEP) initiative as one of the fastest
growing start-up ecosystem and the entrepreneurship culture is complimentary to the culture of
innovation promoted by Ajman Media City Free Zone. Similarly London has successfully
attracted the best creative talents from UK, by offering access to venture capital funds, angel
investors, crowdfunding platforms, banks and SME trade bodies.
“Entrepreneurs, SME owners and innovators from these cities look at UAE as a very attractive
and feasible destination to expand and our cost effective and creative business set up offers are
received very well by these investors in both the cities.”
Favorable policies, investor friendly packages and commitment to innovation and start-up has
already made Ajman Media City Free Zone an attractive destination in key markets such as
China, India, and Egypt. Since our launch in 2018, we have grown fast and consistently and are
looking forward to create more presence in the markets across Europe.
“UAE is bound to remain among the world’s leading innovation hubs because of its growing
base of digital media and entertainment companies and we want to make a significant
contribution to the national economy,” His Excellency Mahmood Alhashmi concluded.