DED enters deal to advance market monitoring system

Dubai / WAM

The Dubai Department of Economic Development (DED) signed a partnership agreement with BooleanLAb, to establish an advanced market monitoring and inspection system for the emirate.
The partnership aims to enhance efficiency of market supervision and inspection in Dubai by 25 percent, thus reinforcing the emirate’s business competitiveness. The agreement was signed by Mohammed Ali Rashid Lootah, CEO of Commercial Compliance and Consumer Protection (CCCP) and Nuwan Dehigaspitiya, Chief Executive of BooleanLAb.
Commenting on the signing, Lootah said, “Dubai has its eyes set on its medium to long term future in various strategic sectors. Our partnership with BooleanLAb is aimed to make market monitoring and inspection a fast and smooth experience for traders, without any interruption to business operations. The partnership will also help us enrich our database towards enhancing efficiencies across the inspection process by 25 percent.”

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