Ajman bags ‘Most Innovative Digital Initiative in Finance 2021’

Twitter

Ajman's Department of Finance has been awarded the 'Most Innovative Digital Initiative in Finance 2021' by Global Business Outlook, a UK-based publication dedicated to covering vital industry sectors.

The award is for the Emirate's digital wallet and contributions in supporting digital transformation, which reflects the department’s efforts and its innovation-based strategy.

It is in line with the directives of H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, and Ajman Vision 2021 that focuses on positioning the emirate as a major contributor to the progress of the UAE and its transformation to a green and sustainable economy.

Commenting on this, Sheikh Ahmed bin Humaid Al Nuaimi, representative of H.H. the Ruler of Ajman for Administrative and Financial Affairs and Chairman of Ajman’s Department of Finance, said: "The digital transformation initiatives in the emirate have resulted in facilitating and providing various smart services to all government departments. What we are witnessing is the development of modern technology and the launch of several innovative initiatives represent a qualitative leap in upgrading the services provided to the public and reflect Ajman Department of Finance’s keenness to ensure continuous development, in line with the vision of the Ajman government."

"We value and appreciate the efforts of the Department’s staff and we urge them to continue this dedication to achieve more for the emirate of Ajman and the UAE as a whole," H.H. Ahmed Al Nuaimi added.

The award criteria included studying the best practices adopted by the candidates to keep abreast of developments in the technology sector, and their ability to benefit from them in providing smart digital solutions that would ensure smooth procedures and processes.

Ajman government customers and UAE residents can use Ajman Wallet to pay for various government services, as well as utilities such as telecommunications and electricity through the ‘AjmanOne’ mobile app.

More from Business

  • Aviation sector contributes $4.1 trillion to global economy

    The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.

  • Paris AI summit draws world leaders

    World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to red tape that businesses say stifles innovation.

  • 16% growth in new economic licences in Abu Dhabi during 2024

    The Abu Dhabi Registration and Licensing Authority (ADRA), which develops and regulates the business sector, on Monday revealed significant growth in business licences and compliance indicators in the Emirate's mainland and non-financial economic free zones during 2024.

  • DEWA updates billing on water consumption

    Dubai Electricity and Water Authority (DEWA) has announced that it will adopt the cubic metre as the standard unit for measuring water consumption starting from the March 2025 billing cycle.

  • UAE, Japan to complete CEPA by end of year

    The UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, has said negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Japan will be completed before the end of 2025.