Ajman Bank Supports Al Ain Class Motors’ Expansion with New Financing Facility

Ajman Bank, being committed to supporting the growth of local businesses, has enhanced its relationship with Al Ain Class Motors with an aim to facilitate such well established businesses within the UAE’s dynamic automotive sector.

Renowned for its curated portfolio of premium and ultra-luxury vehicles, Al Ain Class Motors has built a strong reputation for hosting a diverse range of brands under one roof and is the official distributor of Koenigsegg, the ultra-luxury high-performance Swedish sports car brand. Al Ain Class Motors is well positioned to capitalize on increasing demand for high-end vehicles across the UAE and the wider region.

The collaboration between Ajman Bank and Al Ain Class Motors will support Al Ain Class Motors in enhancing customer experience, expanding its inventory, and further strengthening the market presence of its dealership operations and distribution business.

Commenting on the partnership:

Mustafa Al Khalfawi, Chief Executive Officer of Ajman Bank, said: “We are proud to support Al Ain Class Motors as they embark on this exciting phase of expansion. At Ajman Bank, we remain committed to empowering businesses with tailored financial solutions that enable sustainable growth and contribute to the UAE’s thriving economy. This financing facility reflects our confidence in Al Ain Class Motors’ business model, leadership, and long-term vision.”

Khalid AlKetbi, Managing Director at Al Ain Class Motors, added: “The support from Ajman Bank represents an important milestone for our company. The new showroom on Sheikh Zayed Road will strengthen our presence in one of the region’s most prestigious automotive corridors, allowing us to serve our customers better while expanding our inventory and enhancing the visibility of our dealership and distribution operations. We look forward to continuing our growth journey with the support of trusted financial partners like Ajman Bank.”

This collaboration reflects the shared commitment of Ajman Bank and Al Ain Class Motors to fostering business growth, innovation, and long-term value creation within the UAE’s automotive industry.