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FINANCIAL NEWS
UAE’s TRA launches TRUSTae initiative for e-commerce
15 Oct 2011
(MENAFN) Telecommunications Regulatory Authority (TRA) unveiled the TRUSTae initiative to improve consumer confidence in e-commerce, Arabian Business reported.
The announcement was made at GITEX in Dubai. TRA said that its national electronic trust mark was focused on promoting the online retail market as a secure and safe environment.
To win the TRUSTae seal of approval, online businesses will be required to follow a strict code of conduct that provides reliable electronic transaction communications.
The number of e-commerce customers in UAE rose to 42 percent in 2010 from 29 percent in the year before, according to a MasterCard survey on online shopping in March, and yet 45 percent of UAE consumers said they still did not feel secure shopping online.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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