Our Tribal relatives in Ajman love horses! While they are not into Petroleum Production, they have built a thriving economy. The Emirate of Ajman (Arabic: إمارة عجمان) is one of the seven Emirates of the United Arab Emirates (UAE ). It has an area of a mere 260 square kilometers (100 sq mi), which makes it the smallest of the Emirates in terms of area. It is named after the city of Ajman, which is its seat of government. It has a population of some 240,000.
Ajman's GDP was $4.23 billion in 2012 in which it had a positive trade balance with exports of $1.61 billion and imports of $600 million. Its economy is growing dynamically.
Ajman's economy is dominated by five sectors, manufacturing; construction; wholesale and retail; real estate and business services and transport, storage and communications. These contribute to some 82% of total GDP, with manufacturing (37%) and construction (15%) the two largest contributors.
The three largest growth sectors in Ajman are social and personal services, which grew 6.4%, transport, storage and communication, which grew 5.1% and manufacturing, which grew 5%. Investments in Ajman grew in 2013 by 5% compared to 2012. Exports (including re-exports) grew in the second quarter of 2014 by 53%.
There is virtually no crime in Ajman.
