Aqaar – which translates from Arabic as 'Property' – was formed in 2006 in association with Ajman Development and Investment Authority (ADIA). Aqaar will spearhead the expansion of Ajman into a successful tourism and business hub. The organisation will develop a number of projects to support ADIA’s mission of economic diversification. Aqaar’s long-term vision is to expand its influence outside its home emirate and beyond UAE shores.