Tuesday, May 15, 2018

Umm Al Quwain Chamber of Commerce & Industry signs Memorandum of Understanding with UAE Council for Investors Abroad.


Umm Al Quwain Chamber of Commerce & Industry signs Memorandum of Understanding with UAE Council for Investors Abroad.

The Memorandum of Understanding was signed at the headquarters of the Umm Al Quwain Chamber of Commerce and Industry. It was signed by the UAE Council for Foreign Investors, HE Jamal Saif Al-Jarwan, Secretary General of the Council and HE Abdullah Khamis AlSuwaidi General Manager of the Chamber of Commerce and Industry of Umm Al Quwain.
The signing ceremony was attended by HE Saeed Bin Nasser Al Talai, Chairman of the Board of Directors of Umm Al Quwain Chamber of Commerce and Industry, HE Khalfan Ahmed Mesfer, Vice President of the Chamber, and HE Abdulrahman Abdul Rahim Al Zarouni, Board Member.
HE Saeed Bin Nasser Al Talai, Chairman of the Board of Directors of Umm Al Quwain Chamber of Commerce and Industry, expressed the aspirations of His Highness Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm Al Quwain, to move forward in achieving comprehensive excellence in performance and services. Meets the aspirations of His Highness and the aspirations of the wise leadership to achieve leadership and excellence in all fields locally, regionally and internationally, in order to achieve the vision of the UAE 2021 to become the UAE one of the best countries in the world.
And his pride and pride in the role played by the Emirates Council for investors abroad, which reflects positively on the reputation of the UAE in general and UAE investors in particular.
His Excellency Abdullah Khamis Al Suwaidi, General Manager of Umm Al Quwain Chamber of Commerce and Industry, expressed his pleasure at signing the Memorandum with the Emirates Council for Overseas Investors. He welcomed the cooperation with the Council and the possibility of benefiting from its role in providing effective recommendations to support companies' ability to make the right investment decisions. Abroad.
He added that the signing of the MOU is part of the efforts of the Board of Directors of Umm Al Quwain Chamber of Commerce and Industry to continue to upgrade its services and develop them in cooperation with partners. The Chamber is keen to encourage and attract investments to the UAE and to inform Arab and foreign investors of the opportunities available in Umm Al Quwain.
Al Suwaidi affirmed that the signing of the MOU is the result of ongoing efforts and joint endeavors to promote and develop the investment climate. This memorandum covers the scope of cooperation in exchanging experiences, holding seminars and joint workshops, providing all data and information on foreign markets and investment opportunities. And national investment wishing to invest abroad.
In a statement to HE Jamal Saif Al Jarwan, Secretary General of the Emirates Council for Investors Abroad, he said that the memorandum was signed on the directives of His Excellency Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Board. Governmental and private sectors to reflect the commitment of these entities to the directives of the wise leadership, in particular to enhance complementarity in roles and responsibilities, to work in a team spirit and to develop public and private partnerships within and outside the country that produce initiatives and Practical achievements that serve the vision and objectives of the State.
Al-Jarwan added that under this memorandum, the two sides agreed to establish a cooperative and coordination framework as well as other items agreed between the two sides, thus enhancing their implementation in the best way to enhance the partnership between the public and private sectors.
Al Jarwan concluded by congratulating the leadership on the occasion of the holy month of Ramadan. "With great joy and pleasure, on behalf of myself and on behalf of the Board of Directors of the Emirates Council for Investors Abroad, I am honored to be the patron of His Highness Sheikh Khalifa bin Zayed Al Nahyan, , His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and their brothers, Rulers of the UAE, the most beautiful packages of congratulations and prestige By the blessed month of Ramadan, God restored us and the UAE and its people and the Arab and Islamic nation with good and blessings.

Monday, May 7, 2018

«Umm Al Quwain Chamber» exempts projects from fines



Saeed bin Nasser Al-Talay, Chairman of the Board of Directors of Umm Al-Quwain Chamber of Commerce and Industry, said that reducing fees reduces the burdens on investors and promotes investment and development in the emirate, pointing out that the Chamber exempted all projects for previous periods from fines and fines. Speed   up the process of renewal and licensing of licenses, and was able to train a specialized staff to prepare free feasibility studies for entrepreneurs to manage their projects and exemption from membership fees for a period of 3 years.
He explained that the directives of His Highness Sheikh Saud bin Rashid Al Mualla, Member of the Supreme Council and Ruler of Umm Al Quwain to the Department of Economic Development in the Emirate, to reduce the cost of doing business in Umm Al Quwain by reducing the fees in the department 20%, in addition to exempting all licenses ending fines and violations The renewal of commercial licenses will attract new investors and investments to the emirate, especially as its geographical location distinguishes it due to its proximity to the free zones and airports, which facilitates the movement of investors.
Stimulate
He said that these directives will contribute to stimulating the economy in the emirate. The Chamber has also established a clear mechanism and steps to support and develop investment in the emirate and its impact on the development of the UAE national economy. He added that reducing investment fees and licensing and exempting those who are late for renewing their licenses will have a great impact on encouraging and supporting investment.
He pointed out that the Chamber has initiated the translation of the directives of His Highness the Ruler of Umm Al Quwain since the beginning of the field of investment development and will exempt all projects for the previous periods from any fees for fines and violations resulting from them.

Reduction
Saeed Al-Talay added that the Chamber, in the direction of translating the directives of His Highness the Ruler of the Emirate, initiated earlier to reduce membership fees, and made it a unified fee for membership and abolished the multiplicity of activities fees, and it continues to provide all facilities for entrepreneurs. And free of charge for entrepreneurs to manage their projects and exempt them from membership fees for 3 years in accordance with the directives of His Highness the Ruler of the Emirate, in addition to exempting them from license fees for the same period.

Forum for Business
Saeed Al-Talay explained that the Board of Directors of the Chamber during its last session decided to hold a forum for business and investment in Umm Al-Qaiwain during the next September will contribute to all federal and local government and commercial accessories to Arab and friendly countries and will receive many papers on the development and encouragement of business and investment. Will be held in Umm Al Quwain next November to review the developments in the field of industry in the emirate and study the possibilities of developing them.
He pointed out that the Umm Al Quwain Chamber appreciates the directives of His Highness the Ruler of the Emirate in supporting business and investment and that the Chamber affirms that it will work in cooperation with all concerned departments and agencies in developing and motivating investment and urging license holders to renew their licenses and take advantage of this opportunity in the exemptions. The state of goodness and tolerance.

Saturday, April 21, 2018

The National Program for Modern and Innovative Emerging Companies






The Government Acceleration Team was launched under the supervision of the Ministry of Economy and following up directly from the Minister of Economy and in cooperation with all federal and local agencies and institutions and programs concerned about youth projects and entrepreneurs. The Ministry has launched the national program to support modern and innovative start-ups.
Umm Al Quwain Chamber of Commerce and Industry was a participant in the national program to support modern and innovative companies. This program, sponsored and developed by the Ministry of Economy, will contribute to the development of the UAE's innovation climate, although this is the first system for fostering innovation and ideas, but it has been preceded by many efforts and procedures in the field of fostering entrepreneurs and innovative projects.
The Umm Al Quwain Chamber and the Saud Bin Rashid Al Mualla Program for youth projects support believe that this national program is important and that, through its understandings with the Ministry of Economy and related institutions, it notes the importance of introducing innovators, supporting them, introducing them, providing financial incentives through exemptions and contributing to loan arrangements. The Chamber continues to provide legal and economic advice and prepare feasibility studies for these projects related to entrepreneurs and their innovators and to prepare workshops and training courses for The company will continue to participate in all efforts that achieve the objectives of the national indicators of innovation and the consolidation of the concept and areas of innovation and embrace New ideas. All with the aim of achieving the vision and guidance of the UAE government in excellence and leadership in the world and we are proud of our cooperation with the Ministry of Economy and all stakeholders on this vital aspect.

Sunday, March 25, 2018

The Board of Umm Al Quwain Chamber discussing the procedures for the construction of the new chamber building

Headed by His Excellency Saeed Bin Nasser Al Talai, Chairman of the Board of Umm Al Quwain Chamber and in the presence of all members of the Board of Directors and HE Abdullah Khamis Al Suwaidi, Director General of the Chamber. The Board held its fifth periodic meeting on 21/3/2018 at the Chamber. And decided to proceed to form a committee of its members to develop the necessary proposals to complete the proposed designs for the new chamber building in accordance with the advanced specifications. The building should be of a high level of design and implementation. The committee should invite the consulting offices to obtain the best design. The Council also decided to proceed with the procedures of the Chamber to complete the preparation of an exhibition in Umm Al Quwain. A committee of members was formed for this purpose. The relevant companies will be approached to find their opinion on participation and to present a subsequent vision for the Council in this regard. The Council has examined all the paragraphs on its agenda and made appropriate decisions thereon.

Thursday, October 19, 2017

Umm Al Quwain Chamber is considering cooperation with the Free Trade Zone Authority







HE Mr. Khalfan Ahmed Mesfer, Vice Chairman of the Chamber of Commerce and Industry of Umm Al Quwain and HE Abdullah Khamis Al Suwaidi, Director General of the Chamber, visited the Free Trade Zone Authority in Umm Al Quwain. They were received by HE Sultan Saeed Al Ali, Executive Director of the Free Trade Zone Authority 
and Mr. Johnson M. George, Director-General of the Free Trade Area Authority.During the visit, they discussed the mechanisms of cooperation and joint coordination to serve to encourage and stimulate investment and provide facilities by the Chamber for existing projects in the free zone through providing various consultations and contributing to supporting and encouraging investment.

Monday, October 2, 2017

Human Resources and Emiratization Sign MoU with Saud Bin Rashid Program for Youth Projects Support






The Ministry of Human Resources and Emiratization today signed a memorandum of understanding with the Saud bin Rashid Al Mualla Program to sponsor the youth projects in Umm Al Quwain to grant projects affiliated with the program incentives and privileges related to exemption from bank guarantee for employees.
The memorandum was signed at the headquarters of Umm Al Quwain Chamber of Commerce and Industry in the presence of His Excellency Humaid Rashid Al Shamsi, Secretary General of the Executive Council in Umm Al Quwain, and Mohammed Abdullah Al Mahdi, Director of Ministry of Human Resources and Emiratization Office in Umm Al Quwain and Abdullah Khamis Al Suwaidi, the program's chief executive officer.
The MoU was aimed at facilitating and encouraging the process of developing the business, motivating citizen initiatives and implementing the strategy of the Ministry of Human Resources and Emiratization in cooperation and supporting the federal and local agencies and programs through exemption from providing bank guarantee for workers in projects affiliated with the program according to the regulations set in this regard.
Abdullah al-Suwaidi said that the memorandum will provide support for youth projects by exempting them from providing bank guarantee and in accordance with the conditions and controls decided by the ministry

Sunday, September 17, 2017

Umm Al Quwain Chamber Board of Directors holds its first meeting for its current session.





On the basis of the Emiri Decree issued by His Highness Sheikh Saud bin Rashid Al-Mualla, Member of Supreme Council - Ruler of Umm Al Quwain, no.5 2017 on the restructuring of the Board of Directors of Umm Al Quwain Chamber of Commerce and Industry for the current session 2017-2020. The Board held its first procedural meeting on Thursday, 7/9/2017 at the Chamber's headquarters.

HE Saeed Bin Nasser Al Talay, Chairman of the Board, expressed his sincere thanks to His Highness the Ruler of Umm Al Quwain for his confidence in forming and naming the members of the Board of Directors and pledging to work with all concerned federal or local bodies to develop and sustain our national economy and work. To implement the State's strategy of progress, prosperity and good for all.
The election was held during the meeting, Saeed bin Nasser Al Talay, Chairman of the Board, Sultan Humaid Abdullah, First Vice President, Khalafan Ahmad Musfer, Second Vice President, Obaid Ibrahim Humaid, Treasurer and Aisha Rashid Sultan Latim, Deputy Treasurer.
The members of the Standing Committees, the Specialized Committees and the Regional and International Committees were also elected and appointed in accordance with the provisions of the Chamber's Law and Rules of Procedure.

HE Saeed bin Nasser Al-Talay said that the Board of Directors will work hard and continue the previous Board of Directors march through serious contribution to economic development and investment promotion in Umm Al-Quwain. He pointed out that close cooperation between the members of the Board of Directors will enhance the role of business owners in the sustainable development process.