Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 8 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
DED, DFZ Council sign agreement
April 23, 2018
 Print    Send to Friend

DUBAI: The Department of Economic Development (DED) in Dubai has signed a memorandum of understanding (MoU) with the Dubai Free Zones (DFZ) Council to facilitate business operations for free zone based companies.

The collaboration is driven by the shared commitment of the two entities to reinforce Dubai as the number one global hub for attracting businesses, facilitating processes for them and enabling them to concentrate on growth.

The MoU was signed by Sami Al Qamzi, Director-General of DED, and Dr. Mohammed Al Zarooni, Secretary-General of the DFZ Council, in the presence of several officials from the two entities.

Commenting on the agreement, Al Qamzi said, “The DED is keen to improving our services to promote sustainable economic development and facilitate business activity. Through this agreement, we aim to streamline licensing procedures for businesses operating in free zones, thereby strengthening Dubai’s position as a preferred investment destination. Together with the DFZ Council, we will work towards enhancing the role and contribution of free zones in Dubai in national economic growth and elevating to productivity in Dubai to the highest level.”

“We are committed to continuously developing the business environment and infrastructure to ensure that the emirate retains its competitive advantage on a global scale. Our efforts are focused on transforming Dubai into a sustainable and smart city of choice to live, work, and visit, as well as a key contributor to the global economy, as directed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai,” he added.

Dr. Al Zarooni said, “We are pleased to sign this MoU with the DED to gain from its extensive experience as a well-established government institution. We are confident that the DED will fully support our efforts to protect consumer rights, and facilitate licensing for businesses operating in free zones, allowing them to operate within the emirate.

“The DFZ Council believes in the importance of developing consumer rights protection systems and the appropriate licensing laws for enterprises, as it seeks to enhance the role of free zones in Dubai’s economic development in line with the emirate’s vision to become one of the best sustainable investment destinations in the world.”

As per the MoU, the DFZ Council shall provide DED with a list of liaison officers for each free zone, to serve as the point of contact between the Free Zones Authorities and DED and coordinate in the event of any complaint within any free zone.

It also stipulates that DED shall provide services to consumers in the following cases: commercial fraud in the type, data, specifications or quality of goods and services, failure to comply with warranty or after-sale services, or forcing the consumer to resort to the authorised agent in case of defect in the product, failure to comply with the conditions of advertised promotions, non-execution of works or services agreed upon in writing, non-compliance with the terms agreed upon, any other practices by merchants that violate consumer protection laws, and purchase through websites of companies and institutions operating in Dubai.

WAM

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
UAE-India project to create 200,000 jobs
DUBAI: Two million Indian farmers will benefit from the India-UAE food corridor project, which will also create an additional 200,000 jobs across India due to cumulative ..
SEED Group ties up with WTS Dhruva to assist in VAT compliance
DUBAI: SEED Group, a conglomerate of diversified companies, owned and operated by The Private Office of Sheikh Saeed Bin Ahmed Al Maktoum, has announced a partnership agr..
French firm chooses Dubai for global expansion
DUBAI: SIACI SAINT HONORE, provider of insurance brokerage and consulting services, known locally under the name of Alpha Lloyds & MSH, inaugurated their offices on Wedne..
UAE-India business conference next month
DUBAI: The 3rd edition of UAE-India business conference, ‘MahaBiz 2018’, will be held in Dubai from Oct.12-13. The conference is one of the most awaited events in the reg..
Brazilian firm forays into UAE market
Dubai: O Boticário, the largest fragrance player in Brazil with more than 4,000 stores around the world, is all set to foray into the UAE market by opening the first inte..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright