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DED, CBD to offer e-payment option.


Byline: Dubai Dubai (dbī`), sheikhdom (1995 pop. 674,101), c.1,500 sq mi (3,890 sq km), part of the federation of seven United Arab Emirates, SE Arabia, on the Persian Gulf.  

The Dubai Department of Economic Development (DED DED - Dark-Emitting Diode (that is, a burned-out LED). Compare SED, LER, write-only memory. In the early 1970s both Signetics and Texas instruments released DED spec sheets as AFJs (suggested uses included "as a power-off indicator"). ) and Commercial Bank of Dubai (CBD (Component Based Development) Building applications with components (objects). See component software.

CBD - component based development
) have signed a co-operation agreement to give customers the option of paying fees electronically.

This initiative aims at enhancing productivity, ensuring added-value service to clients and attracting investors to do business in Dubai.

As per the agreement, CBD will provide DED with electronic systems services to facilitate the review of banking settlement and also present a weekly detailed report covering all transactions and procedures that took place during the preceding week.

"DED will assist investors by co-coordinating with other government departments and authorities in achieving our objectives," said Ali Ibrahim, deputy director general for executive affairs, DED. "We are always on the lookout to set applicable strategies to strengthen trade licensing procedures in Dubai."

Faisal Fai·sal also Fei·sal or Fei·sul   Full name Faisal ibn Abdel Aziz al-Saud. 1906?-1975.

King of Saudi Arabia (1964-1975) who used oil revenue to increase industrialization and improve educational and medical facilities.
 Galadari, general manager -- business group, CBD, said: "Commercial Bank of Dubai is focused on serving customers with top-of-the-line technology. Online payment services have made transactions easy for all and are now a preferred mode for customers."

"Our partnership with DED will benefit a large cross-section cross section also cross-sec·tion
n.
1.
a. A section formed by a plane cutting through an object, usually at right angles to an axis.

b. A piece so cut or a graphic representation of such a piece.

2.
 of customers. This agreement follows a number of other initiatives to provide eServices to other establishment and government departments," he concluded. -- TradeArabia News Service

Copyright 2008 www.tradearabia.com

Copyright 2009 Al Hilal Hi´lal

a. 1. Of or pertaining to a hilum.
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Publication:TradeArabia (Manama, Bahrain)
Date:Sep 1, 2009
Words:219
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