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The Dubai Airport Free Zone Authority (DAFZA) has disclosed its involvement as a key enroller at the 2017 Seamless Middle East Summit, which will certainly run from May 1 to May 2, 2017 at the Dubai International Convention and Exhibit Facility (DICEC). The event is a global platform that unites the giants of e-commerce, e-payment and retail leaders. Greater than 10,000 authorities, specialists and 350 companies from 100 countries will take part in the event. The schedule of the occasion will certainly include a series of seminars and rounded tables that will certainly be performed by DAFZA to assess and discuss ideal methods and options in the shopping industry, particularly across future fads that are targeted at enhancing the experience of the investment community leaders in the Free Area.

In conjunction with its sponsorship of the occasion, DAFZA has signed a Memorandum of Understanding (MoU) with the Arab Union for Electronic Business (EFTU), one of the unions of the Council of Arab Economic Unity in the Organization of Arab States, to trade knowledge and expertise in the digital economic climate and digital ecommerce through exchange and involvement in the preparation of joint research studies and reports related to the ecommerce market in the Arab world. According to the MoU, both events will certainly cooperate with Arab governments to develop and harmonize legislation and legislations to facilitate the method of digital commerce, particularly through totally free areas. Both events will develop a detailed participating structure for the establishment of seminars and workshops associated with electronic commerce, along with motivating and advertising digital business in the Arab world for investors.

The MoU was signed by Nasser Al Madani, Assistant Director General, DAFZA and Abdul Wahab Ahmed Ghoneim, Vice Chairman of the Arab Federation for ecommerce during a ritualistic signing event held at the DAFZA headquarters.

Al Madani said, "DAFZA acknowledges Dubai's pivotal role in the shopping industry-- being just one of the leading hubs in this area. Following on our commitment to UAE Vision 2021's goal of positioning the country amongst the world's leading financial investment locations, we have actually partnered with AFEC to assist build a knowledge- and innovation-based economic climate and encourage financiers in the shopping industry to take on centers and facilities for making certain the safety and security and success of the industry along with advertising seamless ecommerce between companies."

The engagement of DAFZA in the exhibition will certainly showcase the investment and business benefits it uses to financiers in services and products that help with the development of their regional businesses with a phenomenal experience that will certainly enable them to grow and prosper from Dubai to the world. Along with its critical duty in injecting new innovative suggestions and exchanging finest techniques and experiences with the specialists involved in the area of electronic business, which is observing quick growth in the Middle East region, specifically in the UAE, with its high economic technological and digital infrastructure, that makes it able to create financial investment chances in the Arab world.

Amna Lootah, Assistant Director General of Finance and Commercial Workflow, DAFZA, said, "DAFZA is funding this year's version of Smooth Middle East 2017 to sustain imaginative ideas and advertise discussion amongst industry professionals actively involved in the Middle East's digital economy. DAFZA plays a leading function in supporting e-commerce with its wide range of integrated smart remedies and cutting edge centers. These create part of our efforts to facilitate the work of international capitalists and thereby advertise a healthy investment environment for all those interested in getting in the industry from Dubai, the Middle East's economic gateway.

Lootah added, "Statistics have recently revealed that e-commerce in Dubai is anticipated to grow to regarding 10 percent over the next five years which the UAE's e-retail industry will certainly grow by 24 per cent every year to AED 14.1 billion by 2021. These revealed expectations make us look optimistic about the shopping sector in the region which the totally free zone will play a key role to keep pace with this growth and add to the advancement of the facets of service and products coming in line with the leaders of the sector.

For his part, Dr. Abdel Wahab Ghoneim, Vice Chairman, Arab Federation of shopping, one of the organizations of the Council of Arab Economic Unity in the League of Arab States, and with the assistance of H.E Ambassador Mohamed Al Rabea, stated, "The Secretary General of the Council of Arab Economic Unity looks for to increase the volume of intra-Arab trade through shopping transboundary, This is why we have looked for to authorize a MoU along with the digital economic climate meeting, Seamless Shopping, with DAFZA, because its pivotal role in supporting and promoting economic growth at the local and regional levels. We are confident in joint efforts and activities, which enhances the duty of Dubai and the UAE as a significant hub for the global economy."

The participation of 350 exhibitors from around the globe in the presence of more than 10,000 site visitors, consisting of financial investment and capital figures, is the very first of its collaboration with the Arab Union for Electronic Business and represents the transfer to improve the knowledge of the digital economy and the value of electronic commerce in the Arab world, prep work of research studies and reports on the electronic business market, along with the establishment of digital meetings, workshops and workshops.

Smooth Middle East 2017 will certainly include five main areas - Government, Communications, Retail, Business and Financial institutions. It will provide a wonderful possibility to meet leading retail professionals, senior executives and capitalists from the e-commerce industry, along with interact with federal government entities and examine the latest advanced modern technologies.

The Council of Arab Economic Unity was established in 1957 as a body in charge of managing the Arab Economic Unity Contract and establishing the legislative, management and technological procedures for the development and combination of the Arab economic climates. The establishment of the Arab Union for Electronic Commerce was initiated by a group of Arab nations and intends to be an efficient partner in developing a lasting and flourishing digital economy in the Arab world to develop an Arab digital culture with the very best smart services.

The Union additionally aims to deal with the troubles and difficulties dealing with ecommerce in the Arab region, including the infrastructure and innovation needed to turn on ecommerce and the growth of general shopping standards that offer defense and safety for business deals on the net while likewise contributing to the growth of worldwide criteria and adoption of best practices - consisting of the suggestions of legislation for the fight versus cybercrime and the implementation of regulations on digital signature to suit the needs of the age and to offer recommendations to ensure the progress and conditioning of the Arab digital markets, such as smart applications and digital payment platforms, among others.

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