Latest news with #SharjahAwardforPublicFinance
Arab Times
3 days ago
- Business
- Arab Times
Kuwait Wins Big at Sharjah Finance Awards
KUWAIT CITY, May 29: The Ministry of Finance said it won the third edition of the Sharjah Award for Public Finance (2024-2025) in recognition of its outstanding role in providing financial services. Representatives of 17 countries vied for the award, the Ministry noted in a press release on Wednesday. Minister of Finance Noura Al- Fassam stated that winning this award reflects the ministry's efforts in improving the efficiency of financial performance and enhancing the quality of services provided. The ministry confirmed that it is continuing to develop financial services under directives from the Council of Ministers towards digitizing services. The statement added that Al-Fassam received the award on behalf of the ministry, which participated in the digital payment project for government services that enables government entities to purchase online, pay government fees, and meet various needs to fulfill their financial obligations. (KUNA)
Arab Times
3 days ago
- Business
- Arab Times
Kuwait's Ministry of Finance wins Sharjah Award for Public Finance
KUWAIT CITY, May 29: Kuwait's Ministry of Finance has been awarded the Sharjah Award for Public Finance 2024–2025 in the institutional category, recognizing it as a distinguished entity in delivering financial services. The award was granted among participants from 17 countries. Minister of Finance and Minister of State for Economic Affairs and Investment, Noura Al-Fassam, stated in a press release on Wednesday that this recognition adds to the Ministry's growing record in modernizing financial services. She emphasized that it reflects the ongoing collaboration across ministry departments to improve financial performance and enhance service quality. Al-Fassam affirmed the Ministry's commitment to further developing its financial services, in alignment with Cabinet directives aimed at digitizing services and achieving full digital transformation. According to the statement, Undersecretary Aseel Al-Munifi accepted the award on behalf of the Ministry. The Ministry's submission included its digital payment platform for government services—which supports local and credit card payments, the Stamp application, electronic wallets, Gulf cards, and Apple Pay— as well as a prepaid credit card project enabling government agencies to carry out online purchases, pay government fees, and manage financial obligations efficiently. The Ministry noted that the award affirms its leading role in advancing financial legislation, modernizing government payment systems, and adapting to rapid changes in revenue collection and procurement. These developments are part of broader efforts to streamline documentation processes through digital platforms. Held biennially, the Sharjah Award for Public Finance is organized under the patronage of Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Executive Council. The award ceremony was presided over by Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Sharjah Central Finance Department, and attended by ministers, undersecretaries, department heads, and representatives from the financial sector across the UAE and other Arab countries.
Zawya
24-02-2025
- Business
- Zawya
DGR and ARADO explore cooperation to strengthen regional influence
Sharjah: Sheikh Majid bin Abdullah Al Qasimi, Director of the Department of Government Relations (DGR) in Sharjah, met with a delegation from the Arab Administrative Development Organisation (ARADO), an affiliate of the League of Arab States, led by H.E. Dr. Nasser Alqahtani, Director General, and Yara Ahmed Dergham, responsible for managing the work of ARADO's Regional Office in Sharjah, explored opportunities for collaboration to support the organisation's regional role. During the meeting, the visiting delegation commended Sharjah's continued support, notably through hosting the organisation's regional headquarters since 2001, which played a key role in strengthening the organisation's influence and status at the regional level. The meeting also discussed the headquarters' administrative and logistical needs and reviewed regional branch reports showcasing training programmes and workshops to improve government operations and institutional performance. Discussions also explored collaboration in training and capacity building, focusing on good governance, digital transformation, and modern technology. The delegation highlighted the organisation's expertise in managing government awards and invited DGR to visit its Cairo headquarters to explore further cooperation. Concluding the meeting, both parties agreed to continue coordination and strengthen their partnership to advance institutional development across the Arab region. A pillar for development and success Sheikh Majid bin Abdullah Al Qasimi emphasised the importance of the collaboration, noting the department's commitment to strengthening relations with local and international institutions that contribute their expertise to support Sharjah's development across various fields, including government operations and institutional performance. He said: 'Enhancing government systems and the performance of public sector institutions and employees is crucial for achieving competitiveness and success, particularly in economic and social spheres. We remain dedicated to our efforts to reinforce Sharjah's status as a leading regional and global destination for work, investment, and multicultural living.' Ongoing cooperation in administrative development Last year, the Central Finance Department in Sharjah, in partnership with ARADO, launched a financial training centre to enhance the skills of the emirate's government employees, graduates, and job seekers in the emirate's financial sector. In 2023, ARADO, in collaboration with the Board of Trustees of the Sharjah Award for Public Finance, organised the first Arab Financial Forum in Egypt. The event explored best practices in public finance, addressed contemporary challenges in financial management, and proposed effective solutions. It also showcased outstanding public finance management practices and facilitated knowledge exchange between countries.
Sharjah 24
24-02-2025
- Business
- Sharjah 24
DGR, ARADO explore cooperation to strengthen regional influence
During the meeting, the visiting delegation commended Sharjah's continued support, notably through hosting the organisation's regional headquarters since 2001, which played a key role in strengthening the organisation's influence and status at the regional level. The meeting also discussed the headquarters' administrative and logistical needs and reviewed regional branch reports showcasing training programmes and workshops to improve government operations and institutional performance. Discussions also explored collaboration in training and capacity building, focusing on good governance, digital transformation, and modern technology. The delegation highlighted the organisation's expertise in managing government awards and invited DGR to visit its Cairo headquarters to explore further cooperation. Concluding the meeting, both parties agreed to continue coordination and strengthen their partnership to advance institutional development across the Arab region. A pillar for development and success Sheikh Majid bin Abdullah Al Qasimi emphasised the importance of the collaboration, noting the department's commitment to strengthening relations with local and international institutions that contribute their expertise to support Sharjah's development across various fields, including government operations and institutional performance. He said: 'Enhancing government systems and the performance of public sector institutions and employees is crucial for achieving competitiveness and success, particularly in economic and social spheres. We remain dedicated to our efforts to reinforce Sharjah's status as a leading regional and global destination for work, investment, and multicultural living.' Ongoing cooperation in administrative development Last year, the Central Finance Department in Sharjah, in partnership with ARADO, launched a financial training centre to enhance the skills of the emirate's government employees, graduates, and job seekers in the emirate's financial sector. In 2023, ARADO, in collaboration with the Board of Trustees of the Sharjah Award for Public Finance, organised the first Arab Financial Forum in Egypt. The event explored best practices in public finance, addressed contemporary challenges in financial management, and proposed effective solutions. It also showcased outstanding public finance management practices and facilitated knowledge exchange between countries.
