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Dubai Chambers Partners with noqodi to Enhance Digital Payment Solutions

Photo : Dubai Government Media Office

Dubai Chambers has entered into a strategic partnership with the financial technology company, noqodi, by signing a Memorandum of Understanding (MoU) to collaborate on developing advanced digital payment solutions for the business community. This agreement marks a significant step in supporting the ‘Cashless Dubai’ initiative, a government-backed strategy designed to facilitate seamless, secure, and efficient digital payment systems across both public and private sectors in the emirate.

As part of this agreement, Dubai Chambers will designate noqodi as the primary digital payment provider for its services. Through this collaboration, noqodi will deliver a range of payment solutions aimed at enhancing the overall customer experience and boosting the efficiency of digital transactions. The solutions will adhere to the highest standards of data security, ensuring that business transactions are not only faster and more convenient but also safe.

Khalid Al Jarwan, the Vice President of Operations and the acting Vice President of Digital and Commercial Sectors at Dubai Chambers, highlighted the importance of this partnership in strengthening the emirate's position as a global leader in trade and investment. He stated, “We are committed to continuously improving the quality of services across all sectors to enhance Dubai’s competitiveness. By working with Noqodi to develop digital payment solutions, we are reinforcing our efforts to simplify business operations and support Dubai’s ease of doing business.”

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Zahi Kallab, the General Manager of Noqodi, expressed enthusiasm about the collaboration, emphasizing the innovative nature of the partnership. He said, “We are excited about this groundbreaking collaboration between Noqodi and Dubai Chambers, which will redefine digital payment experiences for businesses. Our commitment to fostering a paperless, seamless, and sustainable community aligns perfectly with Dubai Chambers’ vision. This partnership will not only streamline digital payments but will also ensure they are faster, more secure, and easily accessible to all. It is a step toward further advancing Dubai’s digital economy.”

Dubai Chambers, a key player in driving Dubai’s economic growth, is dedicated to advancing business operations by providing comprehensive services that support the growth of local businesses and foster interactions with government bodies. Its focus is on enhancing the business environment, attracting international investments, and supporting the expansion of Dubai’s digital economy.

This partnership also aligns with the Dubai Economic Agenda (D33), a strategic initiative aimed at doubling the size of Dubai’s economy over the next decade. The Dubai Chambers is committed to achieving this goal by improving the business ecosystem, attracting global businesses, and supporting international expansion for its members. Additionally, the chambers are dedicated to promoting institutional excellence, increasing advocacy effectiveness, and ensuring a sustainable, customer-centric approach across all its services.

With this MoU, Dubai Chambers and noqodi are poised to revolutionize the business landscape in Dubai, further cementing the emirate’s position as a leading hub for global trade and business innovation.

Nov. 11, 2024 2:45 p.m. 448

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