MoF highlights new innovations for 2019

Ministry of Finance will hold interactive sessions at GITEX to discuss technological innovations

Tags: Ministry of Finance and Industry - UAE
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MoF highlights new innovations for 2019 The Ministry of Finance is at GITEX.
By  Mark Sutton Published  October 14, 2018

The Ministry of Finance is participating in GITEX Technology Week, at the stand representing the Federal Government. The MoF will familiarise the public with its smart services and state-of-the-art technological innovations. This will serve to directly identify customer requirements and acquire feedback, whilst also forging new partnerships in the field of technology.

"The Ministry of Finance is committed to working towards the enhancement of its services and the application of best practices to ensure a seamless and successful digital transformation," said His Excellency Younis Haji Al Khoori, Undersecretary of the Ministry of Finance. "This is an integral part of the ministry's contribution to the implementation of the initiatives established by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on the advancement from e-government to smart government."

"To date, the ministry has significant achievements in this area, such as digital payment solutions, the development of an automated system for the preparation of the federal budget, as well as its adoption of technological initiatives related to financial services," he added.

During the GITEX Technology Week, the Ministry of Finance is also organising specialized workshops to review the business activities and services provided by the ministry to its suppliers. These workshops will enhance the effectiveness of the lines of communication between the ministry and its customers, including monitoring their needs and responding directly to their service-related queries.

During the week-long event, three interactive sessions will be held to discuss imperatives including technological innovations at the Ministry of Finance, global trends in digital transactions, such as blockchain, as well as various Artificial Intelligence (AI) initiatives. There will also be several signings of cooperation agreements and Memorandums of Understanding (MoUs) in the technology sector.

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