Skyrise Properties, a fully-owned subsidiary of Ajman Bank, has announced the official inauguration of its new headquarters next to Ajman Bank’s main office, marking a pivotal moment in both companies’ growth trajectories. The inauguration event was attended by the board members and senior management of Ajman Bank and Skyrise Properties underscoring the close strategic alignment between the two entities.

The new premises will serve as the central hub for Skyrise Properties’ expanding activities, which pan property and asset management, sales, leasing, brokerage, third-party evaluations, and facility management supervision.

The launch of Skyrise Properties is a significant milestone in Ajman Bank’s diversification strategy, designed to expand its core offerings by tapping into the real estate sector. Skyrise Properties, launched by Ajman Bank in early 2024, operates as an autonomous entity with its own identity and systems, empowering it to deliver focused, innovative solutions in the property management space. The company’s independence is key to fostering growth and responsiveness while leveraging the synergies between banking and real estate.

Mustafa Al Khalfawi, CEO of Ajman Bank and Chairman of Skyrise Properties, said: “The opening of Skyrise Properties’ headquarters is a testament to our commitment to innovation and growth. Through this venture, we aim to expand our real estate footprint and redefine standards in the property management sector. With the immense potential in the real estate market we are determined to set new benchmarks. Skyrise Properties will play a crucial role in enhancing Ajman Bank’s diversification strategy and creating lasting value for our clients.”

Skyrise Properties’ initial focus will be managing Ajman Bank’s extensive real estate portfolio, valued at AED 5.5 billion, while expanding its services to external clients.

Mohammed Al Shamsi, CEO of Skyrise Properties, commented: “We are excited to begin operations from our new premises, which represents our drive for excellence and innovation. Skyrise Properties is uniquely positioned to leverage Ajman Bank’s resources while remaining dynamic and independent, allowing us to deliver cutting-edge solutions and exceptional service to our clients.”

-End-

About Ajman Bank

Ajman Bank is an Islamic bank with an ambitious vision based on values of integrity, trust and transparency seeks to provide a wide range of Sharia-compliant and high-quality banking services to customers from individuals, companies and government institutions across the UAE. It is also keen to be updated with the latest technology that will ensure customers a distinctive experimental banking with the revival of human touch that is lost in the modern era of banking application.

Ajman Bank is headquartered in Ajman and enjoys the strong support of the Government of Ajman and is a key pillar in the emirate’s economic development strategy. The bank continues its tireless efforts to establish a prominent position in the banking sector as a sustainable Islamic banking institution, with an emphasis on the need to achieve an optimal balance in the community and caring staff, in order to provide real value for shareholders and customers alike. For more information visit http://www.ajmanbank.ae

Ajman Bank, a leading Sharia-compliant bank in the UAE, has announced the inclusion of its shares in the FTSE Global Equity Index Series as well as their availability on the eToro platform. This milestone underscores Ajman Bank’s growing presence in the global financial markets and provides enhanced visibility for investors worldwide.

This follows Ajman Bank’s inclusion in the MSCI Global Index in March 2023, further solidifying the bank’s presence in prestigious global equity indices. The FTSE Global Equity Index Series inclusion underscores Ajman Bank’s solid performance and commitment to delivering value to its shareholders. It opens up opportunities for global institutional investors and enhances the bank’s market positioning. Furthermore, Ajman Bank’s presence on eToro, a renowned trading platform, expands access to retail and institutional investors, enabling them to participate in the bank’s journey of growth and development.

Mustafa Al Khalfawi, CEO of Ajman Bank, said: “We are proud to be part of the FTSE Global Equity Index Series and to be available on eToro. This step reflects our consistent efforts to enhance shareholder value and reach a broader audience of investors globally.”

The FTSE Global Equity Index Series is one of the most comprehensive global equity frameworks, encompassing over 19,000 large, mid, small, and micro-cap securities across 49 developed and emerging markets. The eToro platform is recognized for offering seamless access to global investment opportunities for both seasoned and new investors.

The Pink Caravan (PC), a Friends of Cancer Patients (FOCP) initiative, is bringing a lively community awareness event to Aljada, Sharjah, from October 4-6. The three-day weekend event will feature sports, competitions, and fun-filled entertainment for all ages, creating an unforgettable experience while making a difference in the lives of many through free breast cancer screenings and awareness workshops.

Running daily from 4 pm to 10 next to the ZAD food trucks in Aljada the free event aims to encourage individuals—women, men, and girls—to take advantage of the free screenings, prioritise their health, and raise awareness about the importance of early detection in improving treatment outcomes and increasing the chances of a full recovery.

Family entertainment

The event offers entertainment for all age groups. Highlights include a ‘Petting Zoo,’ where children can interact with and feed animals, a ‘Children’s Area’ with bouncy castles, and a ‘Gamer zone’ for youth. Adults can enjoy a unique shopping experience and sample various delicious foods.

The three-day event will also feature the ‘Manbat Market,’ showcasing locally produced healthy products. A portion of the proceeds will support FOCP’s mission to provide financial and emotional assistance to cancer patients. The Pink Shop will offer exclusive merchandise, with all sales directly benefiting cancer patients and their families.

Free screenings and awareness workshops

PC’s Mobile and Mini Clinics will provide free breast cancer screenings for both men and women. Awareness workshops will cover cancer prevention, self-examinations, and the importance of regular medical check-ups. Special workshops will be available for cancer patients and survivors who receive FOCP’s dedicated and ongoing support.

Comprehensive sponsorship

This community event is organised in collaboration with key sponsors, including Crescent Petroleum as the main sponsor, Arada as the venue partner, and Sharjah Broadcasting Authority as the silver sponsor. Bronze sponsors include the Sharjah National Oil Corporation (SNOC), FAST Building Contracting LLC, MSD Pharmaceuticals, and Sharjah Media City (Shams).