Latest news with #electronictransactions
Zawya
26-05-2025
- Business
- Zawya
Ajman Department of Finance, Ajman Bank sign agreement to boost operational efficiency
AJMAN - The Department of Finance in Ajman has signed a strategic partnership agreement with Ajman Bank. This collaboration aims to strengthen digital financial integration, reduce bureaucracy, and improve the effectiveness of financial operations while delivering high-quality financial services. This agreement aims to enable government entities to rely fully on electronic transactions, which contributes to reducing human errors and raising the efficiency of resource use, as well as enhancing integration between government and banking financial systems, leading to facilitating financial control operations. Marwan Al Ali, Director-General of the Department of Finance in Ajman, said, "The signing of this agreement represents an important step towards supporting the digital infrastructure of the government financial sector, and reflects the department's commitment to adopting the best technical practices to enhance operational efficiency, speed up procedures, and improve the quality of financial services.' He added that this agreement represents a qualitative shift in the mechanisms of financial dealing between the government and the banking sector, as it provides an integrated digital platform for implementing bank transfers and settlements accurately and reliably. For his part, Mustafa Al-Khalafawi, CEO of Ajman Bank, said, "The agreement to automate bank transfer and financial settlement procedures represents a pivotal step towards developing operational efficiency, accuracy, and transparency at the level of government entities. This partnership is perfectly aligned with Ajman Vision 2030, and we continue our efforts in supporting initiatives that strengthen the UAE's financial infrastructure and contribute to sustainable, technology-driven growth.'
Zawya
12-05-2025
- Business
- Zawya
Saudi: Absher carries out over 40mln e-transactions in April
RIYADH — The Ministry of Interior's electronic platform Absher had carried out a total of 40,276,727 electronic transactions during the month of April for beneficiaries through Absher Individuals and Absher Business. The number of transactions completed through the Absher Individuals reached 37,944,315, including 28,575,264 document reviews through the digital wallet available to citizens, residents, and visitors via the Absher app. Meanwhile, the number of transactions on the Absher Business platform reached 2,332,412. The number of transactions executed for the services of the General Directorate of Public Security reached 3,370,723, including 3,280,059 transactions at the General Traffic Department; 2,042,818 transactions at the General Directorate of Passports, and 545,699 transactions at the Ministry of Interior's Civil Status Agency. Through the public services on the Absher Individuals platform, 79,257 reports were issued in the Absher Reports service; 79,140 requests for document delivery by mail, and 1,759 general inquiries about fingerprints were made. It is worthy to note that the number of unified digital identities issued by the Ministry of Interior through the Absher platform has exceeded 28 million. These identities can easily and reliably benefit from the services of the Ministry of Interior's sectors through its electronic platforms Absher Individuals, Absher Business, and Absher Government, and access more than 500 government and private entities through the unified national access portal Nafath.
