Day: February 20, 2024

ABU DHABI: Abu Dhabi Islamic Bank (ADIB) has announced the successful launch of a new payment hub that allows customers to conduct their transfers in a quick and efficient manner.

ADIB has worked with the real-time payment solutions company, ProgressSoft, to ease the integration of Cross-Border Services and accelerate cross-border remittances.

With the new payment hub, customers can now seamlessly process transfers, providing a solution that transforms payment processing capabilities. This redefines the speed, security, and efficiency of ADIB’s payment services across diverse channels and third-party networks.

Commenting on the launch, Fernando Plaza Lopez, Chief Digital Officer, ADIB, said, ‘The successful implementation of ProgressSoft’s Payments Hub Platform comes at a time when ADIB is focused on driving digital-first solutions throughout the bank’s operations. This robust new platform will transform the way ADIB’s payment services function across the board. In line with our commitment to delivering di
gital excellence for our customers, ADIB will continue to develop its digital capabilities to offer bespoke solutions for all our stakeholders.’

The dynamic platform aligns with ADIB’s vision for expanding digital services at the front-end as well as global payment corridors at the back end. With advanced and scalable features, ADIB also gains the flexibility to adapt effortlessly to market trends, enabling the introduction of additional payment services with minimal disruption to its back-end systems. This robust and scalable payment infrastructure solidifies ADIB’s position as a leader in the digital banking landscape, paving the way for its ambitious growth strategy in the UAE and beyond.

‘This successful launch signifies the culmination of a shared vision between ADIB and ProgressSoft,’ stated ProgressSoft’s Chief Executive Officer, Michael Wakileh, ‘Together we have launched a transformative platform that not only addresses the demands of today but also anticipates the needs of tomorrow, reinforcing ou
r joint commitment to delivering excellence in banking services.’

Source: Emirates News Agency

DUBAI: Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), revealed that the number of approved applications for No Objection Certificates (NOCs) for infrastructure and information services increased by over 39% in 2023 compared to 2022.

Through the award-winning Marafeq Smart Feature, DEWA approved 26,159 NOCs since the launch of the feature until the end of last year (8,047 of them in 2023 and 5,807 in 2022).

This increase reflects the rise in the number of infrastructure projects in Dubai and the increasing demand for electricity and water services according to the highest international standards in reliability, quality, and efficiency.

Al Tayer emphasised DEWA’s readiness to keep pace with Dubai’s economic prosperity and the increasing population. DEWA continues to support the Dubai Economic Agenda (D33), which aims to double the size of Dubai’s economy over the next decade and to consolidate its position among the top three global cities.

‘The increasing demand for
our innovative services supports our effective and constructive contribution to provide an advanced and integrated infrastructure for electricity and water in accordance with the highest international standards. We aim to manage facilities and services through smart and interconnected systems using the technologies of the Fourth Industrial Revolution,’ added Al Tayer.

DEWA’s Marafeq Smart Feature contributes to accelerating issuing of NOCs for infrastructure and information services. It also enhances collaboration between DEWA and other utilities in Dubai. It has reduced steps to get the NOCs approvals from 7 to 3 steps, and the time from 60 to 20 minutes.The feature provides enrolled contractors and consultants with access to Live data about DEWA’s infrastructure networks valid for 6 months.

The advanced feature uses GIS (Geographic Information Systems) to provide a smart link instead of the conventional offline DGN or CAD files. The advanced feature uses GIS (Geographic Information Systems). This ensures
data protection and prevents data loss. The feature provides maps and data of DEWA’s Network, and accurate information to stakeholders about infrastructure projects in Dubai.

Source: Emirates News Agency

DUBAI: Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), revealed that the number of approved applications for No Objection Certificates (NOCs) for infrastructure and information services increased by over 39% in 2023 compared to 2022.

Through the award-winning Marafeq Smart Feature, DEWA approved 26,159 NOCs since the launch of the feature until the end of last year (8,047 of them in 2023 and 5,807 in 2022).

This increase reflects the rise in the number of infrastructure projects in Dubai and the increasing demand for electricity and water services according to the highest international standards in reliability, quality, and efficiency.

Al Tayer emphasised DEWA’s readiness to keep pace with Dubai’s economic prosperity and the increasing population. DEWA continues to support the Dubai Economic Agenda (D33), which aims to double the size of Dubai’s economy over the next decade and to consolidate its position among the top three global cities.

‘The increasing demand for
our innovative services supports our effective and constructive contribution to provide an advanced and integrated infrastructure for electricity and water in accordance with the highest international standards. We aim to manage facilities and services through smart and interconnected systems using the technologies of the Fourth Industrial Revolution,’ added Al Tayer.

DEWA’s Marafeq Smart Feature contributes to accelerating issuing of NOCs for infrastructure and information services. It also enhances collaboration between DEWA and other utilities in Dubai. It has reduced steps to get the NOCs approvals from 7 to 3 steps, and the time from 60 to 20 minutes.The feature provides enrolled contractors and consultants with access to Live data about DEWA’s infrastructure networks valid for 6 months.

The advanced feature uses GIS (Geographic Information Systems) to provide a smart link instead of the conventional offline DGN or CAD files. The advanced feature uses GIS (Geographic Information Systems). This ensures
data protection and prevents data loss. The feature provides maps and data of DEWA’s Network, and accurate information to stakeholders about infrastructure projects in Dubai.

Source: Emirates News Agency