INSEAD Day 4 - 728x90

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Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

TDRA inks pact with PCFC’s Dubai Maritime Authority

This collaboration coincides with substantial growth in the UAE's maritime sector. (WAM)
  • The partnership will help improve the regulatory framework for maritime business operations to enhance efficiency in the sector.
  • The MoU establishes a procedure for acquiring necessary authorisations for maritime vessels through the Dubai Maritime Authority.

DUBAI, UAE – The Telecommunications and Digital Government Regulatory Authority (TDRA) has signed a Memorandum of Understanding (MoU) with the Dubai Maritime Authority of Dubai Ports, Customs and Free Zone Corporation (PCFC).

This partnership marks a significant stride in improving the regulatory framework for maritime business operations to enhance efficiency in the sector.

The MoU establishes a streamlined and cohesive procedure for acquiring the necessary authorizations for maritime vessels through the Dubai Maritime Authority.

The TDRA is focused on simplifying the process of granting wireless device authorizations for recreational marine vessels exceeding 10.6 meters in length, in addition to all classes of commercial marine vessels operating within the territorial waters of the UAE.

Majed Sultan Al Mesmar, TDRA Director-General, said, “Our collaboration with Dubai PCFC aligns seamlessly with our shared objectives, in harmony with the We the UAE 2031 vision and the directives of our wise leadership.”

He said, “These goals emphasize the imperative of synergizing efforts to establish a cohesive digital ecosystem that fosters a knowledge-based society and economy at the national level. We highly value the dedication of the PCFC officials in leveraging the TDRA’s role as an enabler of digital transformation.”

He added, “We affirm our unwavering readiness to collaborate with federal and local entities in all projects and initiatives to shape the envisioned digital future.”

Sheikh Dr. Saeed bin Ahmed bin Khalifa Al Maktoum, Executive Director of Dubai Maritime City Authority, affirmed the MoU would ensure the TDRA worked closely with all government entities to streamline service application processes for an enhanced customer experience within the Dubai Government.

He said that the registration and licensing of marine vessels are subject to assessments to verify their compliance with approved technical specifications and adherence to maritime standards, requirements and regulations.

These measures are crucial for ensuring the safety of the vessels’ users.

This collaboration coincides with substantial growth in the UAE’s maritime sector, characterized by increased demand for licenses and wireless device authorizations.

This heightened demand necessitates more efficient regulatory procedures than ever before.

With the implementation of this partnership, stakeholders within the maritime industry can anticipate a streamlined, effective and hassle-free licensing process.