Dubai Finance and DIFC target cashless future

The agreement focuses on the three central pillars of the strategy:

• Governance
• Innovation
• Society

Its objective is to divide the exchange of information and experience in financial digitalization.

Dubai without cash strategy

The DIFC position as the leading regional financial innovation ecosystem, which is home to the highest concentration of Fintech companies and global financial institutions, positions it as a key partner in this initiative.

Mou’s signature ceremony, hero in the presence of his highness, Sheikh Ahmed Bin Saeed al Maktoum, president of the Supreme Fiscal Committee, was officiated by his excellence Abdulrahman Saleh to Saleh, and his excellence, and his excellence,

The firm was carried out by the participation of Dubai Finance at the Dubai Fintech summit held earlier this week in Madinat Jumeirah, marking a fundamental step to advance in Dubai’s digital financial ecosystem.

Abdulrahman Saleh al Saleh, CEO of DOF, said: “This completion marks a significant milestone in the advance of the Dubai strategy without cash and accelerating the change towards a fully integrated digital financial future. Global Financial Hub.

“DIFC plays a central role in strengthening Dubai’s position among the world’s main financial centers, with its advanced regulatory framework and its world -class infrastructure. Through this association, our goal is to expand the government to promote the adherence of the intention to promote the ecosystem that meets the evolution needs of people and companies while maintaining the rhythm of the rapid economic transformations.”

Essa Kazim, Government of Difc, Said: “This Partnership with Dubai Finance Supports The Dubai Cashless Strategy. At Difc, We Remain Committed to Fosting An Enabling Environment Envieronment for Fintech Companies to Thrive Binyhid Al Mobemness Al Mosionhid Vice President and Prime Minister of the UAE and Rule of Dubai, to transform Dubai into a Global Capital for the Digital Economy.

“This collaboration aims to improve infrastructure and digital ecosystem, contributing to the sustainable growth of financial innovation and supporting the future of the digital economy.”

According to the agreement, specialized workshops will be organized to empower parties interested in the implementation of best practices that support an economy without cash and the acceleration of the transition to a digital society that depends on payments without cash.

The collaboration will also explore the opportunities with the DIFC innovation hub, with the aim of integrating initiatives promoted by AI that add value to workers, tourists and the community in general by facilitating the adoption of digital payment channels.

In addition, the agreement includes support for innovation programs and accelerators that contribute to the development of advanced, accessible and highly efficient digital financial solutions.