A UAE-created website has been designed to help facilitate transactions between businesses and customers throughout the Middle East, according to Al-Khaleej daily.
The site, called ``Comtrust,'' was launched by the Emirates Telecommunication Company (Etisalat) and allows transactions to occur between the parties in cooperation with three national banks to ensure maximum safety and confidentiality levels.
The site, located at www.comtrust.co.ae , is part of the Emirates drive to build its e-commerce infrastructure and establish itself as a regional center for e-commerce, said the Minister of Telecommunication and the Chairman of the Board of the Etisalat Company, Mr. Ahmed Al-Tayyer.
The Director General of the Dubai Internet City, Mr. Mohammed Qarqawi, said Comtrust project is a complementary project for the Dubai Internet City, and thus, it will boost the spread of the e-commerce in the country. Moreover, the Comtrust Project will protect the buyers and the sellers from the piracy practices.
These new Internet and e-commerce services are coming just in time to meet the country's exploding demand. The Vice-President of the Emirates Telecommunication Company (Etisalat), Mr. Ahmed Bayyat,, said the number of local Internet users is expected to double to 200,000 by year's end.
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