Maktoum bin Mohammed adopts the strategic plan for “Financial Control” in Dubai 2025

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance and Chairman of the Financial Supervisory Agency in Dubai, approved the strategic plan for the Financial Supervision Agency, for the years from 2025 to 2028, as part of His Highness’s keenness to enhance the role of the agency in Achieving its goals, in line with Dubai’s vision in consolidating transparency, accountability and integrity in the bodies affiliated with the Dubai government.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed that the strategic plan for the Financial Supervision Agency in Dubai 2025 – 2028 embodies the visions and directives In turn, the supervisory role efficiently and effectively, to ensure the protection of public funds and resources, and to enhance the principles of effective accountability, transparency and integrity in the subjects. For control.

His Highness said: «The strategic plan of the Financial Supervisory Authority reflects efforts to raise the level of government performance by enhancing financial oversight and ensuring transparency in all governmental operations, so that we can remain at the forefront of global cities that provide the best services to achieve the welfare and happiness of society … continuing to enhance the efficiency of the agency By adopting the latest technological and supervisory systems and developing the skills of its employees, to establish the position of the Emirate of Dubai as a leading destination in the field of governance and integrity Financial at the global level. ”

In a post for His Highness on the “X” website, he said: “We adopted the strategic plan for the Financial Supervision Agency in Dubai 2025-2028, which comes as an embodiment of the visions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, and the directives of His Highness Sheikh Hamdan bin Mohammed Al Maktoum, to enable the device to do In turn, the supervisory role efficiently and effectively, reflecting the efforts of the Dubai government aimed at raising the level of government performance by enhancing financial oversight, and guaranteeing Transparency in all governmental operations .. Our primary goal is to implement independent and objective control with high efficiency on public resources.

His Highness added: “Integrity and confidence are the foundations from which Dubai has started to achieve its successes, and we are continuing to enhance the efficiency of the device, by adopting the latest technological and supervisory systems, and developing the skills of its employees to consolidate Dubai’s position as a leading destination in the field of governance and financial integrity at the global level.”

Proper governance

For his part, the Director General of the Financial Supervision Agency in Dubai, Abdul Rahman Al -Harb, stressed the importance of this plan in strengthening the role of the agency in achieving proper governance in using government resources.

He said: «The strategic plan for the Financial Supervision Agency 2025 – 2028 reflects our continuous commitment to developing the role of the agency in the framework of institutional work that ensures the optimal use of public resources, and enhances confidence in the financial and supervisory system in the Emirate of Dubai, as it is evidence of our commitment to shift towards more efficient and effective regulations Using modern technology and artificial intelligence, which contributes to achieving sustainable development, and moving forward to achieve excellence Government, and the development of all aspects of financial and administrative performance in Dubai.

Transparency and accountability

The new strategic plan seeks to enable the financial control device to perform its control tasks with high efficiency, to be a leading body in enhancing transparency, accountability, integrity and excellence in the governance of the use of public money.

The basic message of the device focuses on the application of independent and objective control with high efficiency on public resources in a way that guarantees accountability and complete compliance with the approved legislation, which enhances the optimal performance in operations and the preparation of financial reports for controlled bodies, reflecting the agency’s commitment to the highest standards of governance and integrity.

The strategic plan is based on basic values ​​that define the principles that the device must follow in all its practices, and includes independence in decision -making, excellence in providing its services, innovation in financial and professional control technologies and methods to achieve the optimal performance of the device, and finally transparency in financial management.

The importance of the new strategy lies in achieving a number of main goals aimed at raising the level of efficiency and effectiveness in implementing the tasks and control activities, as the strategic plan included four main goals, and 15 strategic goals representing a clear road map towards achieving the goals, and 32 strategic performance indicators were set to follow the implementation of the goals Approved.

Compliance with legislation

The strategic plan emphasizes the importance of the stakeholders compliance with legislation and regulations in implementing operational tasks and activities, issuing financial reports related to the use of public money, enhancing accountability and governance practices by raising the effectiveness of risk management, compliance, internal control and audit practices, in addition to documenting the criteria for financial and administrative integrity through the investigation Effective in violations, as well as raising the confidence of the subjects Control through transparency and joint cooperation.

The axes of the new plan also included building and developing effective and sustainable partnerships, to raise the percentage of strategic partners’ satisfaction, consolidate the values ​​of integrity and transparency, enhance moral controls across all levels, and support the authorities subject to control by providing specialized consulting services, and finally enabling learning, exchanging knowledge and building capacity among external stakeholders.

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Plan goals

The new plan aims to develop the skills of the agency’s cadres and support continuous development, in a way that enhances their efficiency in institutional performance, as it seeks to attract distinguished talents with skills and knowledge and preserve them, and also aims to upgrade the happiness, well -being and psychological health through implementing the annual cultural plan of the agency related to sports activities , Social, health, luxury, and the plan focuses on development Employees’ skills to use modern technology and artificial intelligence in audits to improve performance efficiency.

Within the framework of continuous development in the management of institutional operations, the new strategic plan enhances innovation, as it is keen to employ advanced technology in developing and improving audit and institutional operations, and an integrated plan for digital transformation has been developed to include all the procedures and activities of the agency. Believing in the importance of cybersecurity, plans and indicators have been established in full compliance with information security standards and ensure 100%continuity of business.

Maktoum bin Muhammad:

• Integrity and confidence are the foundations from which Dubai was launched to achieve its successes, and we are continuing to enhance the efficiency of the device by adopting the latest technological and supervisory systems.