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TRA oversees launch of National Economic Register’’ |
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The Telecommunications Regulatory Authority, TRA, has announced the completion of a high level cooperation and coordination between concerned government entities, resulted in the launch of the National Economic Register, and the signing of Memoranda of Understanding between the Ministry of Economy and the local licensing authorities in Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah Municipality, and Dibba Al Fujairah Municipality. The MoUs were signed, during a meeting held at the Government Accelerators in the Emirates Towers in Dubai, by Ahmed Al Hosani, Director of Economic Registration Department in the Ministry of Economy, as well as officials and executive directors from the concerned licensing departments. The move is in line with the directives of the Prime Minister’s Office within the third batch of government accelerators, and falls within the path of smart services, one of the tracks of action emanating from the government meetings of September 2017. The government’s efforts in the context of the National Economic Registry aim to enhance the UAE’s efforts in shaping the future as well as enhancing the economic competitiveness of the UAE and ensuring its leadership in the economic field, thus, attracting more investments. Sultan bin Saeed Al Mansouri, Minister of Economy, said that the challenge of the "National Economy Register" is one of the pioneering projects that the Ministry of Economy is working to accomplish within the challenges of the third batch of the government accelerators in cooperation with TRA and a number of federal and local entities. He added that the project contributes to enhancing the capabilities and enablers of the knowledge economy in the country by providing easy access to economic data, through a federal electronic platform that includes comprehensive and accurate information on economic licenses and entities, as well as the data of economic activities approved globally and unified in the country. Moreover, it provides a variety of statistical reports useful to scholars and researchers in their studies, in order to serve the interests of all involved parties at the government level, as well as entrepreneurs, investors, and customers. The project aims to improve the needed time to exchange accurate and instant data between the local and national registers, and increasing the number of users’ inquiries in the National Economic Register by 55% within 100 days of the challenge. Hamad Obaid Al Mansoori, TRA Director-General, said, "Signing of Memoranda of Cooperation on the National Economic Register reflects the teamwork spirit among the participating entities, as well as the dedication to realising the vision of our wise leadership to make a bright future for our generations. It is an important step in the process of integration and flawless share of data between government entities, leading to the realisation of the principle of a comprehensive government to serve customers of various segments." Under the signing of the agreements, all parties will work on the data integration of economic establishments in the systems of the concerned entities with the data of the National Economic Register, with the support and coordination of the TRA, in accordance with the applicable policies and legislation, and maintain its accuracy at all times. The National Economic Register serves as a national electronic platform for the exchange of accurate and instant data on the licenses of economic establishments among licensing entities, under the supervision of the Ministry of Economy. The platform aims to adopt the tools of knowledge economy, by providing accurate comprehensive and instant data on economic licenses issued in the UAE. |
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