National Bank of Fujairah announced on Tuesday the signing of a memorandum of understanding with the Umm Al Quwain Free Trade Zone. This agreement aims to strengthen economic ties and promote trade development in the region. The bank and the free trade zone will collaborate to provide financial services and support investors. The signing of the memorandum is a significant step in the strategy to attract international companies. Participants expressed confidence in the positive impact of the agreement on the emirate's economy.
