Umm AlQuwain: Law on Reorganisation of Ummal Quwain Chamber of Commerce and Industry Issued

United Arab Emirates News developments

Umm AlQuwain: Law on Reorganisation of Ummal Quwain Chamber of Commerce and Industry Issued

Al Bayan, 19 January 2024: Ummal Quwain’s Ruler has issued Ummal Quwain Law No. 1/2024 on the reorganisation of the Ummal Quwain Chamber of Commerce and Industry.

Ummal Quwain Law No. 1/2007 regarding the Ummal Quwain Chamber of Commerce and Industry Law (as amended) will be repealed.

Any other legislation that conflicts with the Law will also be repealed.

The Law will be published in the Official Gazette and come into force on its publication date.

All relevant parties will be responsible for implementing it.

The Law has been issued to develop and consolidate the Emirate’s economic position.

It has also been issued to support the directions and vision of the Emirate by developing industries, developing new and promising sectors and attracting diverse investments, in a way that serves the economic environment in the Emirate.

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Tanya Jain