AED 700 Million and 3,135 Jobs: Thara’s Five-Year Targets in Ajman

AED 700 Million and 3,135 Jobs: Thara’s Five-Year Targets in Ajman

Her Excellency Maryam Khalifa Al Nuaimi, Chairperson of the Board of Directors of the Thara Investment and Entrepreneurship Ecosystem, affirmed that the ecosystem’s targets in Ajman over the next five years include achieving cumulative value added of no less than AED 700 million, creating 3,135 direct employment opportunities, and enabling 100 companies to establish, relocate, or expand in Ajman.

Speaking during the Thara Connect Forum, she said that the targets also include preparing more than 220 companies for investment and helping start-ups attract AED 69 million in external funding.

The objectives further include supporting 600 start-ups through Thara X, targeting direct investment in 71 companies, and seeking to establish at least one billion-dollar company in Ajman. This will be pursued by providing an integrated environment that supports start-ups, facilitates their access to investors and markets, and contributes to sustainable economic growth.

Her Excellency Maryam Khalifa Al Nuaimi noted that the launch of the ecosystem marks a new phase of economic and investment integration by bringing together the various components of the business environment under one umbrella, connecting founders with investors and strategic partners, and providing integrated solutions that support companies from establishment to market expansion.

The Thara Ecosystem aims to strengthen the competitiveness of Ajman’s business environment, attract investment and empower start-ups through an integrated economic model that connects government entities, investors and entrepreneurs. It provides practical solutions for establishing businesses and accelerating their growth and expansion.

The Thara Ecosystem comprises six integrated companies: Thara Holding, Thara Hub, Thara X, Thara Capital, Thara Experience, and Thara Foundation. Together, they provide specialised services covering start-ups’ journey from establishment to growth and expansion.