
MoF receives Sharjah Public Finance Award for excellence in cash management and financial services
Younis Haji AlKhoori: The Sharjah Award for Public Finance is a well-deserved recognition of the Ministry of Finance's efforts in developing the government's financial work system.
Abu Dhabi: The Ministry of Finance (MoF) has been honoured with the Sharjah Award for Public Finance, winning the category of 'Institution Distinguished in Cash Management, Sovereign Funds, and Banking Financial Services' at the third edition of the award (2024-2025).
This accolade reaffirms the ministry's commitment to institutional excellence and innovation in upgrading its financial system while achieving the highest standards of efficiency in managing public finances.
Amna Hassan Al Shamsi, Director of Financial Policies and Government Accounting Standards at the Ministry of Finance, also won second place in the category of 'Outstanding Arab Financial Manager, Outstanding Arab Budget Manager', honouring her significant contributions to developing financial policies and enhancing government performance efficiency.
These achievements come in recognition of the Ministry's commitment to delivering efficient financial services and continuously adopting international best practices to improve government financial policies, optimise resource management, and ensure financial sustainability, key pillars supporting the UAE's comprehensive development goals.
The award was received on behalf of the Ministry of Finance by Her Excellency Mariam Mohammed Hassan Al Amiri, Assistant Undersecretary of Government Finance Management at the Ministry of Finance.
Well-deserved recognition
H.E. Younis Haji AlKhoori stated, "This recognition from the Sharjah Award for Public Finance is a testament to the Ministry of Finance's ongoing efforts to enhance the government's financial system. It also reflects the effectiveness of the policies and initiatives we have implemented to promote efficiency, transparency, and sustainability in the management of public finances.'
'Over the past years, we have focused our efforts on strengthening financial legislation, improving spending efficiency, and adopting global best practices in financial planning and budgeting, in coordination with federal entities to drive the UAE's strategic economic and fiscal objectives to the next level," Al AlKhoori said.
He added:"We deeply value this honour, which embodies the spirit of teamwork and institutional collaboration within the Ministry. It is also a strong motivation, inspiring us to continue strengthening our capabilities and readiness to respond to worldwide changes, thereby reinforcing the UAE's role as an influential leader in public financial management at the regional and global levels.'
Promoting a culture of excellence
The Sharjah Award for Public Finance was established in 2016 in collaboration with the Arab Administrative Development Organisation, inspired by the vision of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.
The award aims to promote best practices in public financial management and foster a culture of excellence and quality in government work across the Arab world.
Organised by the Sharjah Finance Department, the third edition of the award was announced last August as part of ongoing efforts to encourage government entities, private sector organisations, and individuals to adopt effective and sustainable financial governance practices.
The award features 11 categories for individuals and 11 for organisations, aiming to foster competitiveness and promote a culture of excellence across diverse areas of financial management.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Etihad
29 minutes ago
- Al Etihad
Etihad Credit Insurance wins ‘Deal of the Year' award
12 June 2025 18:22 COPENHAGEN (WAM)Etihad Credit Insurance (ECI), the UAE's federal export credit company, has participated as a strategic sponsor in the TXF Global 2025 conference, held in Copenhagen, Denmark, from June 10 to one of the world's leading international trade and project finance conferences, the event brought together over 1,500 participants from export credit agencies, project finance experts, and leaders from around the participation and recognition emphasised ECI's ongoing commitment to enhancing its global presence and strengthening its position as a key enabler of the UAE's non-oil exports while supporting the 'We the UAE 2031' vision, which seeks to double the volume of UAE exports and expand its base in global markets, by building more financial the event, ECI was honoured with the 'TXF Commodity Trader Export Finance Deal of the Year 2024' award in recognition of its pivotal role in supporting the exports of Trafigura, one of the world's leading companies in the commodities award highlights a successful collaboration between ECI, Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate & Investment Banking (Natixis CIB), aimed at facilitating Trafigura's global acquisition of non-oil UAE-originated commodities and enhancing the integration of UAE products into international supply of Etihad Credit Insurance, Raja Al Mazrouei, said, 'Our participation in TXF Global 2025, a key platform in the export finance sector, underscores ECI's dedication to cultivating and strengthening strategic alliances as well as keeping pace with the evolving global trade dynamics. Receiving the 'Deal of the Year' award reaffirms the vital role ECI plays in supporting the UAE's non-oil exports through innovative financing solutions that drive national economic growth and promote the diversification of the country's exports.'She added, 'This award reflects our successful efforts in executing a strategic, first-of-its-kind transaction in collaboration with our valued partners – Abu Dhabi Exports Office, First Abu Dhabi Bank, and Natixis. The initiative is a significant step towards expanding the country's exports of essential commodities and highlights the competitiveness of the UAE's investment and trade environment. We remain committed to strengthening partnerships with international institutions and delivering value-added services that empower Emirati companies to expand confidently into global markets.'The TXF Global 2025 conference featured several high-level sessions and discussions on the future of trade finance, sustainable financing solutions for green projects, and experiences of export credit agencies around the the conference, ECI held bilateral meetings with international stakeholders, exploring new collaboration opportunities with financial institutions, development banks, and other financing agencies.


The National
33 minutes ago
- The National
A closer look at the Dubai Metro Blue Line
The National's Multimedia Editor Greg Tanner unpacks the plans for the city's third metro line. Construction on the megaproject has begun with the foundation stone for the first station at Dubai Creek Harbour laid. The Dh18 billion ($4.9 billion) Blue Line project will include 14 new stations, connect with the existing Green and Red lines, and serve expanding neighbourhood such as Mirdif, Dubai Silicon Oasis, Dubai Creek Harbour and Dubai International City, when it opens in 2029.


Khaleej Times
36 minutes ago
- Khaleej Times
E& enterprise and Microsoft join forces to drive AI adoption across industries
E& enterprise, the digital transformation arm of global technology group e&, is further building on its strategic partnership with Microsoft. By joining forces, both entities are prioritising the development and deployment of next-generation AI and data-driven solutions to bolster AI adoption across industries in target markets across the Middle East, North Africa and Turkey (Menat) region, including UAE, Saudi Arabia, Egypt, Turkey and Qatar. Amit Gupta, vice-president, sata & AI, e& enterprise, said: 'Our partnership with Microsoft represents a bold step toward redefining the role of AI in shaping the future of business and society. This collaboration combines e& enterprise and Microsoft's technological expertise and deep market insights to deliver transformative solutions that resonate with the unique dynamics of the MENAT region. Together, we aim to promote digital readiness and bridge the digital divide by providing essential sectors with next generation AI and data-driven tools, powering them to drive improved customer interactions, optimise operations, and drive broader innovation.' Ahmed Hamzawy, chief partner officer, Microsoft UAE at MS, said: 'Our partnership with e& enterprise will give a significant boost to driving AI adoption across businesses. By leveraging our combined technological expertise, and the safe and secure properties of Microsoft's cloud and AI services, we are empowering organisations to better detect fraud, improve risk management and deliver personalised services through AI-driven insights to their customers.' The partnership focuses on providing scalable AI solutions tailored to the unique needs of various industries, including public sector, telco, education, BFSI and retail. By equipping businesses with the tools needed for digital transformation, e& enterprise and Microsoft aim to empower organisations to adapt, innovate, and thrive in an increasingly data-driven world. With industry-specific AI solutions, the partnership is designed to address a wide range of use cases across sectors. Additionally, the collaboration takes a region-specific approach to implementing and scaling these solutions across key, diverse, and digitally demanding markets, including the UAE, Saudi Arabia, Egypt, Turkey, and Qatar. This ensures that local market needs are met while tackling broader industry challenges, ultimately enhancing efficiency, customer engagement, and decision-making. As part of its focus on developing GenAI solutions, the partnership will leverage various product offerings under Microsoft's Azure Cloud platform. Tools such as Azure Machine Learning, an end-to-end machine learning platform; Azure Databricks, a unified, open analytics platform; and Azure AI Search, Microsoft's search and retrieval system, will support data processing, model training, and deployment. Azure Synapse Analytics is another analytics tool that will support data integration and analytics, enabling large-scale data processing for organisations across sectors. Additionally, with the integration of Microsoft's Azure OpenAI service, organisations will be able to leverage a suite of GenAI solutions for automating customer service, content creation, and predictive analytics. Azure Power BI is a self-service analytics solution that enables businesses to visualise data, share insights, and embed them into their apps or websites. This tool will support businesses in making informed decisions. Meanwhile, Azure Data Lake Storage and Snowflake will facilitate the storage and management of large datasets, as well as real-time analytics, across the target markets of this partnership: UAE, Saudi Arabia, Qatar, and Egypt. These solutions from Microsoft combined with e& enterprise's comprehensive suite of hybrid cloud solutions aim to drive seamless digital transformation, as part of this strategic alliance. e& enterprise's Cloud Strategy and Advisory services will help organisations design tailored adoption strategies, while Migration and Adoption will ensure smooth transitions with minimal disruption. By providing organisations with Managed Cloud Services, and Cloud Security, e& enterprise will empower organisations to drive long-term efficiency and safeguard data, ensuring compliance and resilience. To promote responsible and ethical AI adoption, the partnership will implement Microsoft's Responsible AI principles and framework and e&'s Responsible AI Framework across all its development and deployment stages. This aligns with both entities' shared commitment to prioritising data privacy, transparency, and compliance with corporate and national policies.