Dubai’s Roads and Transport Authority (RTA) has recently signed an agreement with Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, to support and regulate the commercial transport activities of companies and institutions based at the Centre.
To this effect, an agreement, which is in line with Dubai government’s vision and digital strategy, was signed at the RTA headquarters by Abdulla Yousef Al Ali, CEO of RTA’s Licensing Agency, and Khalid Al Zarouni, Senior Vice President and Registrar of Companies, at DIFC.
RTA will be responsible for regulating and issuing no-objection certificates to companies engaged in commercial transport or leasing activities in Dubai through the Authority website and smart applications or websites used by these companies. DIFC will be legally authorised to issue the licences to companies and institutions operating within the Centre.
Abdulla Yousef Al Ali, CEO of RTA’s Licensing Agency, said,
“This agreement is a step towards establishing a continuous partnership with DIFC to enhance cooperation in the field of commercial transport and provide distinguished services to both individuals and companies operating in private and commercial transport and leasing activities.
“The agreement outlines RTA’s role in issuing permits to entities that have obtained DIFC approvals to conduct commercial activity, and also provide DIFC with details of the policies and guidelines relating to the private and commercial transport and leasing sector that will enable these entities to conduct their business,”
Khalid Al Zarouni, Senior Vice President and Registrar of Companies at DIFC,said,
“The agreement will help DIFC enhance the services that the Centre provides to its clients. The partnership with RTA will support the growth of the commercial transport sector and Dubai’s smart digital transformation.”
According to the agreement, DIFC will direct companies/entities to follow RTA guidelines by obtaining a permit from the Authority to work outside the Centre’s free zone in the commercial transport sector or any related activities that fall within the Authority’s mandate. In addition, for those who own vehicles with a traffic file and operating outside the free zone must adjust the status of their business and apply for the necessary permits or commit to only working within the free zone. In turn, this will support RTA in conducting inspections within the free zone.