Ajman Department of Finance, Bank Sign Digital Integration Deal
The Ajman Department of Finance has taken a major step forward by signing a strategic partnership with Ajman Bank to accelerate digital transformation within government financial operations. This collaboration aims to strengthen digital financial integration, reduce bureaucratic hurdles, and deliver more efficient, high-quality services across various government entities. Importantly, this agreement supports Ajman’s broader goal to become a leading digital finance hub in the region.
Streamlining Financial Operations Through Automation
The partnership focuses on streamlining government transactions by fully embracing electronic payments and automated processes. Consequently, the move will reduce manual errors and enhance operational security and reliability. By integrating government financial platforms with banking systems, departments can share data in real-time, enabling faster and more transparent financial oversight. Moreover, this integration aims to minimize redundancies, accelerate transaction timelines, and promote a more agile approach to public financial management.
His Excellency Marwan Al Ali, Director General of the Department of Finance in Ajman, emphasized that this agreement marks a significant milestone in supporting the government’s digital infrastructure. He stated that adopting advanced digital tools will improve operational efficiency and accelerate financial procedures. Additionally, Al Ali highlighted that the initiative expands integration across government entities, thereby enhancing financial sustainability. He also pledged ongoing efforts to increase automation in various financial sectors in line with Ajman’s digital leadership ambitions.
Alignment with Ajman Vision 2030 and UAE’s Digital Agenda
Ajman Bank CEO Mustafa Al-Khalafawi expressed pride in the partnership, stressing the bank’s strong commitment to digital transformation and automation. He described the agreement as a pivotal move toward improving operational efficiency, accuracy, and transparency across government financial services. Furthermore, this partnership aligns perfectly with Ajman Vision 2030 and contributes to the UAE’s larger goals of building a sustainable, technology-driven economy.
Together, the Department of Finance and Ajman Bank aim to modernize public services, optimize resource utilization, and uphold principles of efficiency and transparency. Ultimately, this strategic deal represents a critical milestone in Ajman’s journey toward becoming a digital finance leader while enhancing service excellence across government financial operations.
