The Central Bank of the UAE (CBUAE) & Dubai Courts have entered into a Memorandum of Understanding (MoU) to integrate electronic services related to court procedures and decisions. This agreement aims to streamline the execution of judgments, orders, and decisions issued by the Dubai Courts. This will be achieved via the CBUAE’s court cases management system.
The MoU supports the UAE’s digital strategy, ensuring services are efficient, high-quality, and effective for individuals and businesses alike. The collaboration aligns with the ‘Zero Government Bureaucracy Programme,’ which seeks to enhance service delivery through digital transformation.
Khaled Mohamed Balama, Governor of CBUAE, emphasized that this initiative is part of the bank’s broader efforts to implement the leadership’s vision of promoting digital transformation. He highlighted that this agreement enhances integration and partnership with federal and local authorities. It offers pioneering services that meet global standards. This, in turn, boosts the country’s global competitiveness and supports sustainable growth, he stated.
Prof. Saif Ghanem Al Suwaidi is the Director-General of Dubai Courts. He believes the MoU is important for strengthening cooperation with the central bank. The agreement will improve efficiency, effectiveness, and speed in executing judicial decisions. It will also help Dubai achieve its goal of becoming the world’s smartest and happiest city. This agreement supports Dubai’s smart transformation journey.
The MoU establishes mechanisms for electronic connectivity to expedite the execution of judicial decisions under the central bank’s jurisdiction, ensuring compliance with CBUAE’s procedural rules.
