The General Directorate of Identity and Foreigners Affairs – Dubai (GDRFA Dubai) and the Dubai Finance Department have formalised their collaboration through a Memorandum of Understanding (MoU). The agreement seeks to advance digital payment initiatives, ensure secure and efficient financial transactions, and broaden digital payment channels in alignment with the ‘Cashless Dubai’ strategy.
The ‘Cashless Dubai’ strategy was launched in October last year by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of The Executive Council of Dubai.
The initiative aims to raise the proportion of financial transactions conducted via digital channels across both government and private sectors to 90 percent and achieve full digital enablement across the emirate by 2026. It also fosters innovation, strengthens governance systems, and contributes to building a sustainable financial ecosystem, positioning Dubai among the top five global cities in digital payment adoption.
His Excellency Abdulrahman Saleh Al Saleh, Director General of Dubai Finance Department, described the MoU as “a model of institutional integration between government entities in pursuit of the vision of our wise leadership.”
He emphasised GDRFA Dubai’s pivotal role in supporting the Cashless Dubai strategy, adding, “We are advancing the adoption of non-cash payments in line with Dubai Economic Agenda (D33), contributing to the creation of a secure and advanced payment ecosystem across public and private sectors that supports the national economy and meets the needs of residents and businesses.”
Meanwhile, His Excellency Lieutenant General Mohammed Ahmed Al Marri, Director General of GDRFA Dubai, stated, “This partnership with the Department of Finance is a strategic step reflecting our commitment to the ‘Human First’ approach, providing smart and secure financial services that simplify lives and support aspirations. Developing the digital payment ecosystem is not just technological progress; it is an investment in Dubai’s future as a global leader in innovation and digital readiness.”
The MoU prioritises the development of digital infrastructure, integration of cutting-edge financial technologies, exchange of knowledge and expertise between both entities, and the launch of awareness campaigns to build public confidence in digital solutions, facilitating the transition toward a more sustainable and efficient economy.
