Latest news with #UAEInternalAuditorsAssociation
Hi Dubai
09-05-2025
- Business
- Hi Dubai
Dubai Land Department Wins National Recognition for Anti-Fraud Excellence
The Dubai Land Department (DLD) has been honored under the 'Best Practices – Anti-Fraud Category' by the UAE Internal Auditors Association, marking a major milestone in its efforts to promote transparency and integrity across the real estate sector. The award highlights DLD's pioneering work in developing an integrated fraud risk management system that not only aligns with international standards but also strengthens stakeholder trust in Dubai's property market. The recognition underscores DLD's leadership in institutional integrity and its commitment to enhancing corporate governance. DLD's approach includes advanced data analytics tools for early fraud detection, smart whistleblowing platforms, and continuous updates to internal policies based on global benchmarks such as those set by the Association of Certified Fraud Examiners (ACFE). Faisal Al Taheri, Director of the Internal Audit & Risk Department at DLD, credited the achievement to the department's focus on transparency, accountability, and collaboration. 'This recognition is the result of integrated efforts across the DLD's divisions and the active support of our strategic partners,' he said, adding that it reflects DLD's mission to support Dubai's broader economic and real estate goals. The department's audit and oversight strategies are closely aligned with global best practices, reinforcing Dubai's position as a secure and attractive destination for real estate investment. This award supports the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033, both of which aim to elevate the emirate's global standing. By setting new standards in fraud prevention, the DLD continues to contribute to the long-term sustainability and competitiveness of Dubai's real estate sector, strengthening its role in the emirate's strategic vision for growth and governance. News Source: Emirates News Agency
Mid East Info
08-05-2025
- Business
- Mid East Info
Dubai Land Department reinforces principles of transparency and promotes a culture of integrity within its operational framework
Dubai Land Department DLD was recognised under the 'Best Practices – Anti-Fraud Category' by the UAE Internal Auditors Association, in recognition of its pioneering efforts in developing an integrated system for fraud risk management and prevention. The award also acknowledges DLD's commitment to enhancing transparency and promoting a culture of integrity across the real estate sector. This award reaffirms DLD's position as a leading institution in adopting effective anti-fraud practices grounded in strong institutional values and driven by an integrated approach aimed at achieving tangible impact, advancing transparency maturity, and reinforcing the principle of professional integrity. It also reflects the Department's efforts in aligning its audit and oversight strategies with international standards, thereby enhancing the efficiency of its transparency framework and strengthening the trust of stakeholders and partners in Dubai's real estate environment. DLD distinguished itself by adopting a proactive approach that leverages the latest data analytics tools, launching smart platforms for whistleblowing, and updating policies and procedures in line with global best practices set by the Association of Certified Fraud Examiners (ACFE). These efforts have significantly enhanced early fraud detection capabilities and strengthened the institutional integrity environment. On this occasion, Faisal Al Taheri, Director of the Internal Audit & Risk Department at DLD, said: 'This achievement is a culmination of our ongoing efforts to strengthen the principles of transparency and accountability, and a testament to our commitment to applying best practices in internal auditing and fraud risk management. This recognition is the result of integrated efforts across the DLD's divisions and the active support of our strategic partners from the early planning stages to this moment of achievement, reflecting the strength of our collaborative institutional work. We are proud to contribute to Dubai's journey toward attaining the highest standards of corporate governance and look forward to continuing our innovation in supporting the business environment and the sustainability of the real estate sector.' This win embodies the DLD's commitment to Dubai's strategic vision of strengthening trust in the real estate sector and cementing the Emirate's position as a global investment destination, in alignment with the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033.
Zawya
04-03-2025
- Business
- Zawya
The Department of Finance in Ajman elevates institutional excellence with three international certifications
Ajman: The Department of Finance in Ajman continues to strengthen its institutional efficiency, having obtained three prestigious international certifications. These include the Quality Assurance and Improvement Program (QAIP) certification from the UAE Internal Auditors Association (UAE IAA) in compliance with global internal auditing standards, the Dubai Building Code certification for accessibility for People of Determination and senior citizens from GTÜV, and the ISO 56001:2024 certification, the latest international standard for innovation management systems. This achievement reflects the department's commitment to adopting excellence standards, cultivating a culture of quality, continuous improvement, and innovation, while ensuring an inclusive and sustainable work environment that serves all segments of society. With these additions, the department has now raised its total number of quality certifications to 14. On this occasion, His Excellency Marwan Al Ali, Director General of the Department of Finance in Ajman, emphasised that these accomplishments would not have been possible without the continuous support of the wise leadership. He highlighted that they embody the department's dedication to enhancing transparency, institutional efficiency, and adherence to the highest standards of quality and governance—all in support of sustainable development and the Ajman Vision 2030 objectives of inclusivity, institutional agility, and sustainability. He stated: "We are proud of these accreditations, which reflect the dedication and commitment of our team in achieving institutional excellence and fostering continuous innovation as a means to enhance government efficiency and improve quality of life in the emirate." As part of these achievements, the UAE Internal Auditors Association, accredited by the Institute of Internal Auditors (IIA), awarded The Department of Finance in Ajman a "Generally Conforms" rating—the highest level of compliance—confirming its adherence to the Code of Ethics and the effectiveness of its internal auditing processes. This certification underscores the department's commitment to enhancing financial and regulatory efficiency in Ajman, optimising risk assessment, and ensuring the best use of resources—ultimately reinforcing governance and transparency at the highest levels. In line with its commitment to inclusivity and sustainability, the Department of Finance in Ajman also obtained the Dubai Building Code certification, affirming its success in adapting its facilities and buildings to meet the needs of People of Determination and senior citizens. This achievement aligns with the leadership's vision of creating an inclusive and accessible work environment for the government that serves all members of society. Additionally, the ISO 56001:2024 certification was awarded to the Department of Finance in Ajman for meeting all the standards' requirements. This certification highlights the efforts of the department in establishing a strategic innovation framework, establishing a culture of creativity, and implementing effective processes for idea management. It also emphasises the use of performance measurement mechanisms and continuous improvement strategies, ensuring the development of innovative solutions that create value for stakeholders. This milestone reaffirms the department's commitment to embedding innovation within its operations.
