The Central Bank of the UAE (CBUAE) has signed Memorandum of Understanding (MoU) with the Dubai Courts to integrate electronic services for the execution of judgments, orders and decisions.
Khaled Mohamed Balama, CBUAE Governor and Prof. Saif Ghanem Al Suwaidi, Director-General of Dubai Courts signed the agreement in the presence of senior officials from both sides. The signing was held at the Central Bank’s headquarter in Abu Dhabi.
The MoU aims to promote collaboration across sectors and to establish effective mechanisms such as electronic connectivity to expedite the execution of judgments, orders and decisions within the jurisdiction in accordance with the controls and procedural rules of the CBUAE’s court cases management system.
The agreement comes as a part of the UAE’s broader initiative to implement the Zero Government Bureaucracy Program, which aims to enhance service efficiency, quality and effectives. This also falls in line with the UAE’s digital strategy for services provided to individuals and businesses.
Khaled Mohamed Balama Governor – CBUAE
“The MoU comes from the central bank’s keenness to implement the leadership vision of promoting digital transformation strategy, activating mechanisms of integration and partnership, and sharing expertise with all federal and local authorities to provide pioneering services that meet global standards to individuals and businesses and partners. This will enhance the country’s competitiveness globally and support sustainable growth.”
Prof. Al Suwaidi commented that, “The MoU strengthens the collaborative efforts with the Central Bank in the realm of electronic linkage, an initiative that opens new horizons for enhancing efficiency, effectiveness, and speed in the execution of judgments, orders, and judicial decisions issued by Dubai Courts. This initiative paves the way for a new phase of excellence in achieving the objectives of electronic linkage, aligning with the joint efforts to advance the smart transformation journey and build the world’s smartest and happiest city. This is in line with the insightful vision and wise directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.”
Prof. Al Suwaidi also stated that this initiative will bolster the efforts of Dubai Courts in guaranteeing swift and precise justice, delivering exceptional judicial services that ensure customer satisfaction, and upholding the values of justice, independence, and transparency.
