* TRA signed two new agreements value greater than AED42 million with Dubai College
* AED35m to determine an engineering school
* 12 scholarships value AED7.1m
To the shock of many, the UAE’s Telecommunications Regulatory Authority (TRA) has entered into agreements to fund universities within the nation. The signing of agreements with Dubai College and American College of Ras Al Khaimah (AURAK) happened on the opening day of Center East’s largest know-how present, Gitex Know-how Week, on Sunday (October sixteen).
The TRA has introduced the signing of two new agreements value greater than AED42 million with Dubai College.
TRA says the funding, by way of its financing entity ICT Fund, is a part of its efforts to empower nationwide human assets to help the financial sectors within the nation with distinctive certified professionals.
New engineering school in Dubai
The primary settlement is aimed toward establishing an engineering school in Dubai College, overlaying key specialties corresponding to ICT engineering and digital engineering with a worth of AED35m.
The second settlement is to offer 12 scholarships value AED7.1m, along with scholarships from a beforehand signed settlement in 2015 with Dubai College, by way of the “Betha” programme, which is certainly one of TRA’s initiatives to advertise the position and place of the nationwide schooling sector.
The authority has agreed to supply AED3.4m to fund AURAK’s info and innovation centre and to construct a brand new laboratory.
Hamad Obaid Al Mansoori, TRA’s director basic, stated the agreements have been consistent with the regulator’s social duty when it comes to constructing an Emirati era that is ready to hold tempo with the massive international modifications.
“Following the directives of the nation’s sensible management, the TRA has positioned innovation as one of many prime priorities amongst its programmes by offering instructional scholarships and harnessing the innovation spirit amongst college students, such because the TRA innovation camp. ICT is a significant factor in innovation. The TRA considers itself as an important associate of the schooling sector in selling creativity and creating applied sciences out of their improvements,” HE Al Mansoori stated.
Omar Mohammed AL Mahmoud, appearing CEO, ICT Fund, stated the authority is aiming to supply scholarships value AED1.2 billion to 1,000 Emirati college students till the top of 2018.
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Supply: Press Launch