News Column

Dubai Smart Government activates electronic link with Dubai Islamic Bank

June 22, 2014



DUBAI, 22nd June, 2014 (WAM) -- Dubai Smart Government, DSG, has announced the activation of electronic linkage between its Government Resources Planning, GRP, Systems and Dubai Islamic Bank, DIB, to fully automate the financial processes for government suppliers and salary payments.

This initiative is in line with DSG's strategy to fully automate the procure-to-pay financial processes between Dubai government entities on one hand and suppliers on the other in the light of the DSG's recent improvements of the GRP systems which allow suppliers to send their invoices to these systems, make enquiries, access their own data and enter their commercial transactions online without the need for them to visit any of these entities.

The full automation of electronic payment with DIB allows authorised staff at any government entity to send due payments to suppliers and salaries of employees directly to the bank without any intervention on the part of the bank.

Speaking on the occasion, Ahmed bin Humaidan, Director-General of DSG, said, "Activating electronic linkage and fully automating payment between DSG and DIB are aimed at supporting the acceleration of the transition to smart government in implementation of the directives of His Highness Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the U.A.E. and Ruler of Dubai, which call for completing the transition within the deadline."

Dr. Adnan Chilwan, CEO of DIB said, "This is clearly a strategic alliance for us and is an integral part of our strategy to align ourselves with Dubai's Smart Government initiative. We are strong advocates of the Government's plans and strategy around building a modern and sustainable society focused on the highest standards of customer service seen anywhere in the world."


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Emirates News Agency (WAM) (United Arab Emirates)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters