A partnership between Dubai Finance and the “Dubai Financial Center” in support of the Dubai Critic Strategy

“Dubai Finance” and the Dubai International Financial Center signed an agreement aimed at supporting the achievement of the targets of Dubai’s critical strategy, by focusing on its three axes, governance, innovation, and society, in addition to enhancing the exchange of information and expertise related to signing of financial transactions, based on the status of the Dubai International Financial Center as the most prominent system of the financial innovation sector in the region, and a leader of the largest gathering of financial technology companies and institutions Global Finance.

The agreement took place today in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Supreme Committee for Financial Policy, and was signed by Abdul Rahman Saleh Al Saleh, Director General of Dubai Finance, and Issa Kazem, Governor of the Dubai International Financial Center during the activities of the third edition of the Dubai Financial Technology Summit, to constitute a pivotal step in pushing the wheel of the digital financial scene in Dubai towards the future.

Abdul Rahman Saleh Al Saleh expressed his pride in signing this agreement with the Dubai International Financial Center, saying that it constitutes an important step in supporting the implementation of Dubai’s critical strategy and supporting the transformation towards an integrated digital financial future in the Emirate of Dubai, in line with the aspirations and directives of the rational leadership.

He added, “The Dubai International Financial Center contributes to the consolidation of Dubai’s position as one of the most prominent financial centers in the world, thanks to its advanced organizational environment and its leading infrastructure and we aim through this partnership to expand government efforts towards accelerating the wheel of innovation in the field of digital payments, creating a flexible and safe financial system that meets the needs of individuals and companies, and keeps pace with developments in the growing digital economy and building an economy I criticize. “

For his part, Issa Kazim, Governor of the Dubai International Financial Center, said that this partnership with Dubai Finance comes within the framework of supporting the Dubai critical strategy, as we continue at the Dubai International Financial Center our commitment to providing a supportive environment for financial technology companies to enable it to prosper This partnership aims to advance the infrastructure and the digital system and contribute to enhancing the sustainable growth of innovation in financial services and supporting the future of the digital economy.

In the context of the agreement, it is decided to organize specialized workshops that contribute to enabling the concerned authorities to implement best practices in support of the critical economy, and to accelerate the transformation towards a digital society that depends on non -monetary payments, as well as searching for cooperation opportunities with the “Inoven Hib Center” of the Dubai International Financial Center, and discussing ways to achieve integration by taking advantage of initiatives related to artificial intelligence, in a value that achieves value Added to the categories of workers, tourists and other members of society, by facilitating the adoption of digital channels in various financial transactions.

The agreement includes supporting innovative programs and stars that contribute to developing advanced and easily available financial financial solutions.