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Sun 17 Jul 2016 02:33 PM

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New drones trading platform discussed in Dubai

Dubai Civil Aviation Authority and DMCC discussing unmanned aerial vehicle use

New drones trading platform discussed in Dubai

A drones trading platform, the first of its kind in the UAE, is to make aerial surveying “safer and easier”, according to reports.

An agreement between the Dubai Multi Commodities Centre (DMCC) free zone and the Dubai Civil Aviation Authority (DCAA) is to be followed by a regulatory framework for the new platform, part of the emirate’s vehicle regulation.

Growing demand for air surveillance and remote sensing are expected to drive the commercial drones market over the coming years, reported Khaleej Times. Commercial unmanned aerial vehicles are used in applications including law enforcement, aviation, agriculture, infrastructure, media and scientific research.

Gautam Sashittal, DMCC chief executive officer, welcomed a DCAA delegation led by Michael Rudolph, head of aviation regulations and safety, ahead of the deal, the framework of which will be developed with the help of the Dubai Department of Economic Development.

"The DMCC continually seeks to identify new opportunities and leverage emerging technologies,” said Sashittal. “We are part of a new era in aviation and are delighted to be the first free zone to launch the drone licensing in Dubai which will make it safer and easier to do aerial surveying and gather information.”

Rudolph said: "Drones play an important role in modern life. From a civil aviation perspective, drones are key to promoting the Dubai Smart Government Vision and the DCAA are ensuring flight safety of Dubai's airspace. They are also essential for law enforcement organisations to maintain and monitor security on the ground.

“We look forward to seeing the continued expansion and impact of this technology unfold across both in the public and private sector and we are pleased to contribute to enabling that outcome."

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