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Umm Al Quwain Free Zone
Umm Al Quwain Free Trade Zone is a free economic zone located in the emirate of Umm Al Quwain, United Arab Emirates. Created under a Ruler's Decree, Umm Al Quwain Free Trade Zone commenced operations in 1987. It functions under the administration of Sheikh Saud Bin Rashid Al Mualla History Umm Al Quwain Free Trade Zone (UAQ FTZ) is located in Umm Al Quwain, one of the 7 emirates in the UAE. It is located 45 km from Dubai. It is the first and among the biggest free trade zones in UAE. It has a total of 8,000+ registered companies and 20 million sq ft of land for business operations with investors across 150 nationalities. It is a developed Free Zone in Umm Al Quwain which is known for its desert landscape and unique flora and fauna. UAQ FTZ is situated close to the UAE’s primary sea ports and in close proximity to Dubai International Airport and Sharjah International Airport Sharjah International Airport ( ar, مطار الشارقة, Maṭār aš-Šāriqa) () is an ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''President (corporate title), president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', ''moderator (town official), moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''Spe ...
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Executive Director
Executive director is commonly the title of the chief executive officer of a non-profit organization, government agency or international organization. The title is widely used in North American and European not-for-profit organizations, though many United States nonprofits have adopted the title president or CEO. It generally has the same meaning as CEO or managing director. The title may also be used by a member of a board of directors for a corporation, such as company, cooperative or nongovernmental organization, who usually holds a managerial position with the corporation. In this context the role is usually contrasted with a non-executive director who usually holds no executive, managerial role with the corporation. However, there is much national and cultural variation in the exact definition of an executive director. United Nations The title is used for the chief executive officer of several UN agencies, such as UN Women. United States In the US, an executive ...
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Umm Al Quwain
Umm Al Quwain is the capital and largest city of the Emirate of Umm Al Quwain in the United Arab Emirates. The city is located on the peninsula A peninsula (; ) is a landform that extends from a mainland and is surrounded by water on most, but not all of its borders. A peninsula is also sometimes defined as a piece of land bordered by water on three of its sides. Peninsulas exist on all ... of Khor Al Bidiyah, with the nearest major cities being Sharjah to the southwest and Ras Al Khaimah to the northeast. There are mangroves outside the city along the coast, with the local economy being largely fishing. References Populated places in Umm Al Quwain Cities in the United Arab Emirates Umm Al Quwain {{UnitedArabEmirates-geo-stub ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dub ...
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Free Economic Zone
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules and duties are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones. Some special economic zones are called free ports. Sometimes they have historically been endowed with favorable customs regulations, such as the free port of Trieste. As the United Kingdom was proposing the creation of ten free ports after leaving the European Union in early 2020, the EU was clamping down on 82 free zones after finding that their special status had aided the financing of terrorism, money laundering and organised crime. Definition Th ...
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Emirate
An emirate is a territory ruled by an emir, a title used by monarchs or high officeholders in the Muslim world. From a historical point of view, an emirate is a political-religious unit smaller than a caliphate. It can be considered equivalent to a principality in non-Muslim contexts. Currently in the world, there are two emirates that are independent states ( Kuwait and Qatar), and a state that consists of a federation of seven emirates, the United Arab Emirates. The unrecognized Taliban state in Afghanistan is also styled as an emirate. A great number of previously independent emirates around the world are now part of larger states, as can be seen in Nigeria. Etymology Etymologically, emirate or amirate ( ' plural: ' is the quality, dignity, office, or territorial competence of any emir (prince, commander, governor, etc.). In English, the term is pronounced or in British English and or in American English. Types Monarchies The United Arab Emirates is a federa ...
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Saud Bin Rashid Al Mualla
Sheikh Saud bin Rashid Al Mualla ( ar, سعود بن راشد المعلا; born 1 October 1952; referred to as Sheikh Saud) is the ruler and head of state of the emirate of Umm Al Quwain since 2009 and a member of the Federal Supreme Council of the United Arab Emirates. He is the son of Rashid bin Ahmad Al Mualla II and succeeded his father as monarch of Umm Al Quwain on 2 January 2009. Early life and education Born on 1 October 1952, Sheikh Saud received his elementary and primary education in Umm Al Quwain before attending high school in Lebanon. He graduated with a degree in economics from Cairo University, Egypt Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia via a land bridge formed by the Sinai Peninsula. It is bordered by the Med ... in 1974. Political career Sheikh Saud was the Commander of the Umm Al Quwain National Guard with the rank of col ...
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Dubai International Airport
Dubai International Airport ( ar, مطار دبي الدولي) is the primary international airport serving Dubai, United Arab Emirates, and is the world's busiest airport by international passenger traffic. It is also the nineteenth-busiest airport in the world by passenger traffic, one of the busiest cargo airports in the world, the busiest airport for Airbus A380 and Boeing 777 movements, and the airport with the highest average number of passengers per flight. In 2017, the airport handled 88 million passengers and 2.65 million tonnes of cargo and registered 409,493 aircraft movements. Dubai International Airport is situated in the Al Garhoud district, east of Dubai and spread over an area of of land. Terminal 3 is the second-largest building in the world by floor space and the largest airport terminal in the world. In July 2019, Dubai International airport installed the largest solar energy system in the region's airports as part of Dubai's goal to reduce 30 per ...
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Sharjah International Airport
Sharjah International Airport ( ar, مطار الشارقة, Maṭār aš-Šāriqa) () is an international airport located east-southeast of Sharjah, United Arab Emirates. It is spread over an area of . It has one runway, making it the only airport in Sharjah capable of international flights as of 2022. Overview Sharjah International Airport is the third largest Middle East airfreight hub in cargo tonnage, according to official 2015 statistics from Airports Council InTernational. Ground services company, Sharjah Aviation Services, handled 586,195 tonnes in 2015 – a 16.1% increase year on year. It has one passenger terminal with an area of . Sharjah International Airport is home base of the low-cost carrier Air Arabia. The headquarters of Air Arabia is in the Sharjah Freight Center,Contact Info
." Air Arabia. Retrieved on 21 June 2 ...
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Free-trade Zones Of The United Arab Emirates
Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. Free trade was best exemplified by the unilateral stance of Great Britain who reduced regulations and duties on imports and exports from the mid-nineteenth century to the 1920s. An alternative approach, of creating free trade areas between groups of countries by agreement, such as that of the European Economic Area and the Mercosur open markets, creates a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are inten ...
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Economy Of Dubai
The economy of Dubai represents a per capita gross domestic product as of 2022 of US$ 46,665. Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, announced that the UAE’s non-oil trade over 10 years totalled Dhs16.14 trillion (4,4 trillion US dollars). The UAE GDP jumping from $407 billion in 2021 to $440 billion in 2022 and $467 billion next year. Similarly, per capita GDP will also expand from $43,868 last year to $46,665 this year and $48,822 in 202 The International Herald Tribune has described it as "planned free-market capitalism." Petroleum industry, Oil production, which once accounted for 50% of Dubai's gross domestic product, contributes less than 1% today. In 2018, wholesale and retail trade represented 26% of the total GDP; transport and logistics, 12%; banking, insurance activities and capital markets, 10%; manufacturing, 9%; real estate, 7%; construction, 6%; tourism, 5%. Dubai became important ports of call for Western manufacturers. Most of t ...
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Geography Of Dubai
Dubai is situated on the Persian Gulf coast of the United Arab Emirates and is roughly at sea level ( above). The emirate of Dubai shares borders with Abu Dhabi in the south, Sharjah in the northeast, and the Sultanate of Oman in the southeast. Hatta, a minor exclave of the emirate, is surrounded on three sides by Oman and by the emirates of Ajman (in the west) and Ras Al Khaimah (in the north). The Persian Gulf borders the western coast of the emirate. Dubai is positioned at and covers an area of , which represents a significant expansion beyond its initial designation due to land reclamation from the sea. Dubai lies directly within the Arabian Desert. However, the topography of Dubai is significantly different from that of the southern portion of the UAE in that much of Dubai's landscape is highlighted by sandy desert patterns, while gravel deserts dominate much of the southern region of the country.
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