UAQ FTZ Signs MoU with Ruya Bank to Enhance Business Support

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

The agreement establishes a framework for cooperation aimed at enhancing the business support ecosystem for entrepreneurs, SMEs and growing companies within the free zone. Through this collaboration, UAQ FTZ and Ruya Bank will explore opportunities that can contribute to smoother business operations, improved access to financial support and greater convenience for investors.

This collaboration reflects UAQ FTZ’s continued commitment to building meaningful relationships with trusted institutions that can empower businesses and support their growth journey.

By strengthening connections with financial partners such as Ruya Bank, UAQ FTZ continues to reinforce its role as a practical and supportive business destination for companies looking to establish, operate and expand in the UAE.

The MoU represents another positive step in UAQ FTZ’s ongoing efforts to develop strategic alliances that benefit the business community and contribute to long-term economic growth across the region.