TRA supports growing e-commerce sector with MoU signing

The Telecommunications Regulatory Authority has signed a Memorandum of Understanding with Creative 971

Tags: E-commerceTelecommunications Regulatory Authority - UAE
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TRA supports growing e-commerce sector with MoU signing The partnership will offer a range of advisory services, but also advanced electronic payment solutions.
By  Aasha Bodhani Published  August 14, 2017

The Telecommunications Regulatory Authority (TRA) has signed a Memorandum of Understanding (MoU) with Creative 971 to support e-commerce growth within the UAE.

Creative 971 will develop the e-commerce sector through awareness programs for start-ups and small and medium businesses. This will enable the exchange of consultations and experiences through participation in joint meetings and workshops, sharing information and data and how to use such results.

Furthermore, the partnership will not only offer a range of advisory services, but also advanced electronic payment solutions.

H.E. Hamad Obaid Al Mansoori, TRA director general, said: "This agreement is a step towards adopting non-traditional forms of incorporating businesses, by providing advanced solutions for business processes management and payment mechanisms. The e-Payment is an important approach to enhancing market vitality and opening new avenues for commercial exchanges.

"The UAE is distinguished by a highly developed infrastructure in the banking sector,  in addition to the availability of several electronic and smart services as well as the wide spread of mobile phones and smart devices of all types. These factors as a whole attract the leading international companies to operate and manage operations from the UAE, which is a key source of diversification of national sources of income."

Julia Jackle, CEO of Creative 971, added: "This new established strategic collaboration with the TRA is a milestone that we are proud of. We are encouraging entrepreneurs, established SME's as well as enterprises to utilise the benefit of this strategic collaboration, which marks the forefront of the e-commerce education and ecosystem enabling within the UAE."

 

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