Ajman’s Department of Finance has partnered with Ajman Bank in a new strategic agreement to accelerate the emirate’s digital transformation. This collaboration aims to enhance financial efficiency across government operations while reducing administrative delays.
Through this partnership, the department will adopt automated payment systems. These systems will lower the risk of human error, improve transaction accuracy, and save time. As a result, government departments will benefit from faster, more transparent financial processes.
Importantly, the agreement supports the department’s long-term goal: enabling full digital transactions across government entities. This step not only boosts accountability but also aligns with Ajman’s broader vision for digital excellence.
Linking Banking and Government Systems
A core aspect of the deal is the integration of banking platforms with government systems. This will allow real-time data sharing and improved financial oversight. With better connectivity, departments can reduce delays, avoid duplication, and strengthen administrative agility.
Marwan Al Ali, Director General of Ajman’s Department of Finance, said the agreement marks a major development. “We are committed to adopting advanced systems that enhance efficiency, speed up services, and improve financial performance,” he noted.
He also confirmed that the partnership offers a reliable digital platform for bank transfers and settlements. This move simplifies interdepartmental processes and helps ensure long-term sustainability of public financial resources.
Advancing Digital Leadership and Smart Governance
The partnership strongly supports Ajman Vision 2030 and the UAE’s smart government strategy. Mustafa Al-Khalafawi, CEO of Ajman Bank, highlighted the importance of this cooperation. “This agreement reflects our shared focus on digital transformation and trust in our ability to deliver secure, efficient financial solutions,” he said.
He emphasised that automating financial transactions at the government level will greatly enhance speed and transparency. More importantly, it reinforces Ajman’s status as an emerging hub for digital finance in the region.
Overall, the agreement strengthens Ajman’s commitment to innovation. It enables smarter financial governance, promotes sustainable growth, and aligns public services with the latest digital trends.