Emirates ID signs strategic partnership with Dubai Financial Market

WAM DUBAI, June 17th, 2013 (WAM) — The Emirates Identity Authority and Dubai Financial Market (DFM) have signed a strategic partnership agreement that recognises the “Smart” ID card as a main and permanent source of data relating to the beneficiaries of the electronic services provided by DFM. This agreement stems from both parties’ keenness to develop customer services and provide innovative services with a positive economic and social impact.

The agreement was signed according to the requirements of both the Authority and DFM to develop the necessary technical applications to integrate with the infrastructure of both the “Digital Identity” and the “Electronic Authentication” projects, giving DFM the ability to verify the identities of the beneficiaries of the electronic services that it provides online, or via reading the data stored in each smart chip on the ID card.

The agreement was signed at the Emirates Identity Authority headquarters in the attendance of Dr. Eng. Ali Mohamed Al Khouri, Director-General of Emirates Identity Authority, and Mr. Essa Kazim, Managing Director and CEO of Dubai Financial Market.

Dr. Al Khouri said that signing the strategic partnership agreement with DFM stems from the Emirates Identity Authority’s keenness to develop government services provided by the various authorities and institutions in the country through an integrated electronic system to manage personal identity. This will enable it to contribute to supporting the country’s orientation to build a competitive economy and a society enjoying the best living standards in a giving and sustainable environment, according to the UAE Vision 2021 aiming for the country to be among the best in the world within the next eight years.

Dr. Al Khouri emphasised the UAE’s keenness to harness advanced technology to service both citizens and expats living in the country and upgrade the quality of their lives, noting that Emirates Identity Authority is working under this system and vision to develop a number of strategic projects, headed by the “Electronic Link with government bodies” and the “Digital Identity” projects, in order to support the Federal electronic government plan 2012 – 2014, in contributing to achieving a quantum leap in the government work performance through harnessing advanced technological systems to customer service.

Mr. Essa Kazim, Managing Director and CEO of Dubai Financial Market, said, “We are pleased to sign this agreement with Emirates Identity Authority, which adds to servicing the country’s strategic goals through the integration of roles between various authorities and institutions, providing all the requirements necessary to expand electronic services in a way that contributes to upgrading the service levels and achieving highest levels of customer satisfaction.” Both sides agreed to reinforce the relations between them to serve the best interests of the country, contribute to achieving mutual strategic goals, improve operations performance, simplify procedures and develop customer service, as well as the exchange of institutional knowledge, expertise, and experiences on all levels.

According to this agreement, Emirates Identity Authority is committed to providing the necessary technical support related to integration with the DFM’s infrastructure, and spread awareness in society about the importance of the secret number of the ID card, to achieve the fullest possible use of electronic services.

DFM, according to the agreement, is committed to developing necessary applications for integration with the infrastructure of the electronic identity project and activating the use of ID cards in many of the services provided by the market to its customers.

Under the agreement, both sides are keen to exchange opinions and consultation in the area of institutional upgrade and development, and support creative and innovative skills through the institutional partnership between them, as well as the mutual coordination in executing joint ventures to ensure good execution and rapid achievement.

Signing the agreement is in accordance with the Strategic Plan of the United Arab Emirates, strengthening joint efforts between all ministries and institutions to expand areas of mutual cooperation to serve the national interests.

WAM/MZ/CM

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