August 2022
Umm Al Quwain Free Trade Zone
Happenings in UAQ FTZ
New business activity - Metaverse Service Provider, Blockchain Consulting, Distributed Ledger Technology Services and more
UAE is currently undergoing a transformation to become a hub of cutting-edge digital technologies including the Metaverse, blockchain, and NFTs.
UAQ Free Trade Zone ground breaks for the dream business destination “Atrium Business Centre”

On 23rd June 2022, UAQFTZ held a ground-breaking ceremony for its flagship “Atrium Business Centre”, a 70000 sq.ft business center at UAQ Free Trade Zone in the presence of Khalid Bin Rashid Al Mualla, the Chairman of UAQ Free Trade Zone.

Emirates Development Bank Supports UAQ Free Trade Zone clients to Facilitate Corporate Banking

UAQ Free Trade Zone actively pays attention to the needs of the entrepreneurs in order to promote their growth and alleviate any difficulties they might encounter while setting up a business. To make conducting business in the UAE easier, Emirates Development Banks helps UAQ FTZ clients in availing the diverse financial solutions, including account opening services, loans, credit facilities, and other banking options.
Expert Talk - The Metaverse & Blockchain
Dr. Hisham Safadi
Chief Executive Officer
The Metaverse & Blockchain : Gateway to more Business Opportunities 
Blockchain is the most transformative and disruptive technology to emerge in the last decade. The ongoing transition towards a digital economy has undeniably been accelerated by the COVID-19 pandemic. 

The evolution of cryptocurrencies has carried with it a revolution in digital economics that has catapulted the application of blockchain technology to a new level across a variety of industries, including banking, security, networking, and more. These technologies will play a central role on the path towards a sustainable and resilient recovery, and towards the UAE’s technological authority.
Start Your Dream Business with EMI as low as AED 786/Month
UAQ FTZ now offers an affordable payment plan for our new and existing clients on their new license or renewal packages in association with our partner.
UAE news bulletin
UAE aims to attract world’s top digital companies through NEXTGEN FDI

On 6th July 2022, the UAE launched "NextGenFDI," a major campaign to draw highly trained workers and digitally enabled companies to the country.
UAE launches Dubai Metaverse Strategy to become the world’s digital hub

In an increasingly digitized world, the UAE is looking to the metaverse to boost production and efficiency while also enhancing overall industrial competitiveness. Numerous indicators have shown this, including the great interest in Metaverse technology.
UAE: A new classification for private companies announced

Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, announced a new three-level categorization system for enterprises in the UAE. It takes effect on June 1, 2022, and its relevant resolutions address the expectations of business owners and protect workers' rights while stimulating innovation and boosting the SME sector.

Exhibition Attended
Road Show in UAE
Encouraging Entrepreneurs, SMEs, and Business Enthusiasts to setup their business in the UAE, UAQ Free Zone conducted road show in UAE.
BIG5 Construct Egypt (Cairo) 2022

From June 25–27, 2022, UAQ FTZ participated in BIG5 Construct Egypt (Cairo), the biggest and most influential building and construction show. 

To showcase our wide range of business solutions that support every aspect of the building and construction industry and for businesses, organizations, and individuals working in the fields of design, construction, building materials, building accessories, building technology, landscaping, interiors, HVAC, plumbing, and sanitary, to name a few.
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One UAQ, Umm Al Quwain Free Trade Zone Authority,
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Every effort is made to provide accurate and complete information in UAQ FTZ newsletters. UAQ FTZ makes no claims, promises or guarantees about the accuracy, completeness, or adequacy of the contents of the newsletters and expressly disclaims liability for errors and omissions in the contents of this newsletters.