The MoU was signed by Ahmed Mohamed Al-Muhairi, SIRA Deputy Executive Director, and Craig Moore, Executive Director of Beehive. This stems from the two parties' keenness to consolidate the mutual bonds of cooperation, and to reinforce partnership relations, so as to achieve the objectives of both parties. This comes in line with the UAE Government's comprehensive strategic plan, and the desire of both parties to provide distinguished services to their clients.

The MoU aims to enhance cooperation and communication between the two parties in various fields.

Through this MoU, the two parties seek to cooperate in facilitating the communication process between the Second Party's platform and security service providers registered with SIRA, with the Beehive platform providing all support through financing solutions for security service providers.

Ahmed Mohammed Al Muhairi, SIRA Deputy Executive Director, said that signing the MoU aims at supporting security companies by raising awareness in the market and providing alternative ways of financing, and assisting the Dubai Startup Initiative to obtain sustainable growth, as well as building relationships with various funders, so as to contribute in the growth of Dubai's economy.

Source:

ALBAYAN NEWS Dubai – Shireen Farouq