UAQ FTZ Signs MoU with Ruya Bank to Enhance Business Support

Umm Al Quwain Free Trade Zone has signed a Memorandum of Understanding with Ruya Bank to explore new areas of cooperation and strengthen support for companies operating within the free zone.

The agreement establishes a framework through which UAQ FTZ and Ruya Bank will explore opportunities to enhance the business support ecosystem for entrepreneurs, SMEs and growing companies. The cooperation aims to contribute to smoother business operations, improved access to financial support and greater convenience for investors.

The MoU reflects UAQ FTZ’s continued commitment to building meaningful relationships with trusted financial institutions that can empower businesses throughout their growth journey.

By strengthening its connection with Ruya Bank, UAQ FTZ continues to reinforce its position as a practical and supportive destination for companies seeking to establish, operate and expand in the UAE.

The agreement represents another positive step in UAQ FTZ’s efforts to support the business community and contribute to sustainable economic growth across the region.