Dubai forms ‘Cashless Dubai Working Group’

DUBAI / WAM

The Government of Dubai has formed the “Cashless Dubai Working Group” to create an action plan to shift all payment transactions in Dubai to secure and easy-to-use cashless platforms across sectors.
The initiative brings together Smart Dubai, Dubai’s Department of Finance (DoF) the Supreme Legislation Committee, Dubai Economy, Dubai Police, Dubai Economic Security Centre, Dubai Chamber, and Dubai Tourism and Commerce Marketing to drive a secure and seamless transition towards a cashless society in the emirate.
The Group will launch a series of ambitious initiatives targeting all segments of the community to create the infrastructure and favourable conditions for the transition towards a cashless society.
At its inaugural meeting, the Working Group launched the “Dubai Cashless Framework Report”, developed by Smart Dubai and the Dubai Department of Finance, DoF. The report is part of the Working Group’s efforts to support the emirate’s full digital transition and make Dubai the world’s smartest and happiest city, in line with the directives of the UAE’s leadership and the objectives of the UAE Centennial 2071 plan.
Abdulrahman Saleh Al Saleh, Director-General of Dubai’s DoF, affirmed the government’s keenness to promote the happiness and well-being of the residents and visitors of the emirate, based on the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
“This initiative, the first of its kind in the Middle East and North Africa region, reinforces Dubai’s leadership in the regional financial sector,” he said. “DoF plays a vital role in this planned strategic shift to a cashless Dubai by allocating the necessary budget for the project, providing consultations in financial affairs and
coordinating with relevant financial authorities.”