DED and PCFC sign licensing deal
Dubai, February 15, 2009
The Dubai Department of Economic Development (DED) and Ports, Customs and Free Zone Corporation (PCFC) have signed an agreement to strengthen licensing procedures.
As per the agreement, PCFC will use DED’s data licensing and business registration system to issue licenses to individuals, companies and corporations, whose activities fall under Dubai World’s projects, a strategic partner to PCFC.
“DED will coordinate with PCFC to monitor and inspect the companies to ensure their commitment to commercial laws especially those related to commercial fraud, infringement of trademarks and commercial agencies,” said Sami Al Qamzi, director general, DED.
“This is part of DED’s strategy to strengthen Dubai’s economic growth and position it as a leading economic and trade centre,” he added.
“The licensing and business registration processes will be administered by Trakhees, the body concerned with issuing licenses and permits at PCFC, which will give added value to customers who can enjoy high quality and distinguished services,” stated Ahmed Butti Ahmed, executive chairman, PCFC.-TradeArabia News Service