TRA to host First Electronic Transactions ‘&’ Commerce Summit 2013

TRA to host First Electronic Transactions ‘&’ Commerce Summit 2013

2013-09-07 17:32:35
WAM ABU DHABI, 7th September, 2013 (WAM)–The Telecommunications Regulatory Authority (TRA) is set to host the first ever Electronic Transactions ‘&’ Commerce Summit taking place on September 9th, 2013, at the Intercontinental Hotel Dubai Festival City, Dubai.
Designed to promote the development of the UAE’s digital economy, representatives from the nation’s eBusiness groups, SME establishments, entrepreneurs and government official will gather for a series of talks and discussion panels and sessions. A digital showcase will also be part of the summit programme where niche and small establishments will present out of the box online solutions to common e-commerce problems in two tiers programme called “ACHIEVE IN 5” ‘&’ “INNOVATE IN 5”, where each will have five businesses demonstration in five minutes why they are innovate.
With a focus on the very latest international sector developments, the event seeks to accelerate the advancement of the expanding UAE e-commerce industry.
“Statistics indicate that residents of the GCC are continuing to spend more online than ever before. GCC e-commerce sales are estimated to grow to almost $15 billion by 2015 and the UAE is leading this progressive trend. Evidently, e-commerce has a huge bearing on driving digital economic development and any effort that seeks to enhance both public and private sector electronic transactions and commerce strategies is one of national importance,” said Mohamed Nasser Al Ghanim, TRA Director General.
“Research suggests that the security of transactions is one of principal barriers to increasing e-commerce activity. The TRA is acutely aware of the sensitivity of online information and it came as great news in 2012 when the UAE was ranked first in the region for cyber security and fourth internationally. Committed to building public confidence in the nation’s networks, the TRA is currently pursuing a range of polices that create a UAE digital environment that is not only conducive to e-commerce transitions, but favorable. The UAE mGovernment Initiative is a case in point. Exploring methods to enhance the UAE’s e-commerce foothold is critical and this is precisely the motivation behind organising this event,” he added.
The TRA is responsible for promoting economic development and technological innovation within the defined parameters of a fair e-commerce regulatory framework. Licensing and monitoring the activities of the nation’s Certification Service Providers (CSP), the TRA provides strategic advice to current and new stakeholders in their efforts to conduct business online.
Through the recently launched UAE mGovernment Initiative, the TRA is also responsible for managing the delivery of UAE e-government services online on a 24/7 basis, all year round.
WAM/MN

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