Releases

NBQ opens a new office in UAQ Free Zone to enable Electronic Banking Services Unit with Banking Services Advisor on 14/03/2022

The new bank office at the Free Zone will aim towards easing the banking operations for SMEs, entrepreneurs and large enterprises in the UAQ. UAQ Free Trade Zone (UAQ FTZ) has previously signed an MOU with NBQ to enhance banking credibility and convenient banking operations. This will open doors for companies in UAQ Free Trade Zone (UAQ FTZ) and stewarded areas as they benefit from NBQ's...

UAQ Free Trade Zone Signs MoU with NBQ to Ease Banking Operations for SMEs, Entrepreneurs and Large Enterprises in the UAE

Umm Al Quwain Free Trade Zone (UAQ FTZ) signed a strategic MoU with the National Bank of Umm Al Quwain (NBQ) to ease the Corporate Banking requirements of companies registered in UAQ FTZ forming a privileged circle of customers who can avail priority banking. The bank offers a comprehensive and versatile suite of products and services for building the capabilities of SMEs, Startups and large...

UAQ Free Trade Zone Champions Workplace Wellness with Midday Breaks for Outdoor Workers

The UAQ Free Trade Zone announced a 3-month midday break for its workers in alignment with the UAE Ministry of Human Resources & Emiratisation’s (Mohre) decision to introduce this initiative throughout the UAE.   In accordance with this directive, all work performed under the sun and in open places is banned between the peak hours of 12.30 pm and 3.30 pm. The decision will go into effect...

UAQ Free Trade Zone participates in INDEX Dubai, 2021’s FIRST live interiors show

As live events slowly make a comeback, UAQ Free Trade Zone is participating in the first live interiors show Index - now renamed as Workspace - which is taking place from May 31st to 2nd June at Dubai World Trade Centre to support the UAE industry and connect with businesses worldwide. “As UAE emerges from the pandemic, live trade events like Index Dubai provide a much-needed boost to the...

Umm Al Quwain Free Trade Zone (UAQ FTZ) and Ukrainian Business Council (UBC) Forms Strategic Business Alliance

    A delegation from the Ukrainian Business Council, led by Chairman Denis Bandura, signed an MoU for business cooperation with UAQ FTZ to tap the potential of the Free Zone for the benefits of the Ukrainian Business Community in UAE. The agreement marks a new phase in UAE-Ukraine relationship, as it permits UBC members to enjoy special benefits while establishing companies with UAQ Free Zone....

Umm Al Quwain Free Trade Zone (UAQFTZ) and Zoho Books join hands to benefit investors

As part of its innovative mission to nurture entrepreneurship in these challenging times, UAQ FTZ has announced an association with Zoho, the global technology company that offers the most comprehensive suite of business software in the industry, to make accounting easier for SMEs. “We are intensifying our economic support to our investors through premium benefits by joining hands with Zoho,”...

Umm Al Quwain Free Trade Zone sees 70% Increase in New E-commerce Licenses in Last Three Months

  With sales completely shifting online globally, UAQ FTZ’s start-up friendly E-commerce License is a boon to retailers in these challenging times as it focuses on minimal investment to sell online. The result is seen in the 70% increase in new e-commerce licenses in the last three months.  “We have seen a surge growth in sales of our E-commerce licenses in the last few months as people...

Umm Al Quwain FTZ’s Business Sustainability Policy Helps Investors Reopen and Grow

  UMM AL QUWAIN, UAE, July 6, 2020 - UAQ’s Risk Mitigation Measures contribute to post COVID-19 economic recovery of the 7000+ investors - large, medium, small and micro - in the Umm Al Quwain Free Trade Zone, one of the fastest-growing Free Zones in the MENA Region. The Umm Al Quwain Free Trade Zone Authority took a series of steps in late March 2020 to ensure business continuity for its...