Telecom regulator announces funding for universities

To the surprise of many, the UAE’s Telecommunications Regulatory Authority has entered into agreements with the University of Dubai and the American University of Ras Al Khaimah to boost higher education in the country, reports AME Info.

The Telecommunications Regulatory Authority, or TRA, has announced the signing of two new agreements worth more than AED42 million (US$11.4 million) with Dubai University. TRA says the funding, through its financing entity ICT Fund, is part of its efforts to empower national human resources to support the economic sectors in the country with distinctive qualified professionals.

The first agreement is aimed at establishing an engineering college in Dubai University, covering key specialties such as ICT engineering and electronic engineering with a value of AED35 million, while the second agreement is to provide 12 scholarships worth AED7.1 million. The authority has also agreed to offer AED3.4 million to fund the American University of Ras Al Khaimah’s information and innovation centre and to build a new laboratory.
Full report on the AME Info site