January 2023
Umm Al Quwain Free Trade Zone
Emirates Development Bank (EDB) signs MOU with UAQ Free Trade Zone to Support SME Investors
The UAQ Free Trade Zone signed an MoU with the Emirates Development Bank (EDB)-the key financial engine of the UAE’s economic diversification and industrial transformation agenda- on December 7th, 2022, to offers financial support for small and medium-sized enterprises (SMEs) and startups.

 
Expert Talk - Customs Procedures of GCC's Free Zones
Talal AL- Assel
Legal Advisor
Ports, Customs & Free Zone corporation
 
Get to Know the Customs Procedures of GCC's Free Zones

If you're looking to set up a company in one of the GCC's many free zones, it's important to understand the customs procedures that will apply to your business.

The Common Customs Law of the GCC lays out the rules and regulations for customs procedures in the region's free zones. In this article, we'll take a closer look at some of the most significant procedures, so you can be sure to stay compliant with the law.
 
UAQFTZ News
UAQ Free Trade Zone Expands with New Warehouses to Support Business Growth

The ground-breaking ceremony for constructing 20 new warehouses took place on Dec 12th, 2022, at Umm Al Quwain Free Zone premises. Each warehouse will have a size ranging from 3000-5000 sq.ft. The Free Trade Zone is expanding its warehouse facilities to keep up with rapidly rising demand from new clients.

The new warehouses are expected to be completed within the second quarter of 2023 and will bring significant economic benefits to the community.
The Consulate General of Canada visits UAQ Free Trade Zone

The Consulate General of Canada visits UAQ Free Trade Zone to learn about the various investment opportunities and incentives available to Canadian investors along with UAQ FTZ’s services and facilities.

The interactive meeting was held to open up new avenues for cooperation and give mutual benefits through increased growth. This meetup is a head start to success and will pave the way for many such events and opportunities in the future.
UAE news bulletin
A new law on UAE industrial regulation and development

President Sheikh Mohamed has enacted Federal Decree-Law Number 25 of 2022, which regulates and develops the industrial sector in the UAE. The new law aims to support the organization and development of the national industrial sector by increasing flexibility to adopt supportive policies and provide incentives.
 
Sheikh Mohammed unveils UAE's 2031 government vision
 
H.H Sheikh Mohammed bin Rashid Al Maktoum, the Vice President of the United Arab Emirates (UAE), has presented the country's national plan for the next decade, called "We The UAE 2031".
 
UAE introduces Future 100 initiative to help startups thrive

The Future 100 program, launched by the Ministry of Economy in the UAE, aims to promote a new, futuristic economic model in line with global economic trends over the next 50 years. Further, in line with the idea, the idea is to encourage young entrepreneurs to establish innovative startups and eventually expand globally.
 
UAQ FTZ: Events & Exhibitions
Webinar - Digitisation in Trade Finance and the way forward | UAQFTZ x 360tf
Fest Eve 2022
Big 5 Exhibition 2022
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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.