{"id":99907,"date":"2025-07-17T16:15:03","date_gmt":"2025-07-17T12:15:03","guid":{"rendered":"https:\/\/techxmedia.com\/en\/?p=99907"},"modified":"2025-07-17T16:15:05","modified_gmt":"2025-07-17T12:15:05","slug":"dubai-chamber-signs-mou-to-advance-cashless-strategy","status":"publish","type":"post","link":"https:\/\/techxmedia.com\/en\/dubai-chamber-signs-mou-to-advance-cashless-strategy\/","title":{"rendered":"Dubai Chamber Signs MoU to Advance Cashless Strategy"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><a href=\"https:\/\/www.dubaichamberdigital.com\/en\/\">Dubai Chamber of Digital Economy<\/a>, operating under Dubai Chambers, has announced the signing of a Memorandum of Understanding (MoU) with Dubai Finance (DOF). The agreement aims to strengthen cooperation and support the implementation of the Dubai Cashless Strategy.<\/p>\n\n\n\n<p>The strategy is based on three key pillars: governance, innovation, and transitioning to a cashless society.<\/p>\n\n\n\n<p>The MoU was signed in the presence of H.E. Abdulrahman Saleh Al Saleh, Director General of Dubai Finance, and H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, and Ahmad Ali Meftah, Executive Director of the Central Accounts Sector at Dubai Finance, signed the agreement.<\/p>\n\n\n\n<p>H.E. Abdulrahman Saleh Al Saleh stated that the MoU marks a major step in unifying efforts across government entities to drive the Dubai Cashless Strategy. He emphasized DOF\u2019s commitment to enabling a flexible, secure, and innovative financial environment that supports digital payments.<\/p>\n\n\n\n<p>H.E. Mohammad Ali Rashed Lootah reaffirmed Dubai Chambers\u2019 commitment to advancing the digital economy and supporting the fintech sector. He added that the partnership aligns with efforts to position Dubai as a global hub for <a href=\"https:\/\/techxmedia.com\/en\/?s=digital+payments\">digital payments<\/a>.<\/p>\n\n\n\n<p>According to both parties, the agreement includes cooperation on various initiatives such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Exchanging knowledge on cashless transformation in the financial sector<\/li>\n\n\n\n<li>Sharing data and monitoring results of digital payment initiatives<\/li>\n\n\n\n<li>Supporting fintech innovation and developing future-forward programs<\/li>\n<\/ul>\n\n\n\n<p>The MoU also covers awareness campaigns and training programs to increase trust in digital tools and foster local talent in the private sector. Specialised working groups will be formed to drive innovation and practical solutions tailored to institutional and consumer needs.<\/p>\n\n\n\n<p>Efforts will align with regional and international fintech developments to strengthen the UAE&#8217;s global competitiveness. Both entities will promote the adoption of available systems by government agencies and jointly implement awareness and development initiatives.<\/p>\n\n\n\n<p>Dubai Chamber of Digital Economy continues to play a key role in transforming Dubai into a global capital of the digital economy. The chamber remains committed to unlocking digital potential in line with the Dubai Economic Agenda (D33).<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai Chamber of Digital Economy, operating under Dubai Chambers, has [&hellip;]<\/p>\n","protected":false},"author":58,"featured_media":99912,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9639,9621],"tags":[73],"contributor":[9732],"class_list":["post-99907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-emerging-technologies","category-emerging-technologies","tag-uae","contributor-news-desk"],"featured_image_src":"https:\/\/techxmedia.com\/en\/wp-content\/uploads\/2025\/07\/Dubai-Chamber-30-30.jpg","author_info":{"display_name":"Lubna","author_link":"https:\/\/techxmedia.com\/en\/author\/lubna\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/99907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/comments?post=99907"}],"version-history":[{"count":1,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/99907\/revisions"}],"predecessor-version":[{"id":99908,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/posts\/99907\/revisions\/99908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media\/99912"}],"wp:attachment":[{"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/media?parent=99907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/categories?post=99907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/tags?post=99907"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/techxmedia.com\/en\/wp-json\/wp\/v2\/contributor?post=99907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}