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Umm Al Quwain Free Trade Zone is a developed Free Zone in Umm Al Quwain which is known for its desert landscape and unique flora and fauna. [3] [4] [5] UAQ FTZ is situated close to the UAE’s primary sea ports and in close proximity to Dubai International Airport and Sharjah International Airport. It has direct access to UAQ port. [6] [7] [1] [8]
The Free Trade Zone of Umm Al Quwain (UAQ FTZ) was established in 1987. It was previously known as Ahmed Bin Rashid Port and Free Zone. The UAQ Free Trade Zone has been awarded the winner of the Qadat Al Tagheer Award for the “Best Free Zone for Start-ups and SMEs” at the 5th UAE - India Economic Forum (UIEF) in 2019.
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: 100% foreign ownership of the enterprise
The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.
Jazīrat Al Aki‘āb (Arabic: جزيرة الاكعاب, romanized: jazīrat-al-aki‘āb, "Heels Island") is an island in Umm Al Quwain, an emirate of the United Arab Emirates. It is one of seven islands located in the emirate, and people visit it to engage in a variety of activities such as birdwatching, camping, diving, snorkeling and other ...
Time zone: UTC+4: Al Rafaah is a settlement in Umm Al Quwain, United Arab Emirates (UAE). It is a popular beach for camping and leisure activities. [2] References
Umm Al Quwain Free Zone This page was last edited on 13 June 2022, at 05:47 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 ...
Umm Al Quwain's economy is driven by various sectors, including tourism, fisheries, manufacturing, and trade. The city also benefits from the Umm Al Quwain Free Zone, which supports small and medium-sized enterprises (SMEs) and encourages investment. The economy has grown in recent years, with an increase in the number of commercial ...