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12/27/24, 5:19 PM UAE Ministry of Economy and ADNOC Partner to Boost Digital Transformation - TECHx Media UAE Ministry of Economy and ADN…
UAE Ministry of Economy and ADNOC Partner to Boost Digital
Transformation
News Desk - 05/12/2024
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The UAE Ministry of Economy has signed a memorandum of understanding (MoU) with ADNOC to enhance the digital
transformation of the National Economic Registry, also known as the ‘Growth’ platform. This partnership aims to integrate
data and statistics, improve digital connectivity, and align with the UAE’s national vision for economic development.
The MoU was signed by Abdulaziz Al Nuaimi, Assistant Undersecretary for Entrepreneurship and the Economic Affairs
Regulatory Sector at the Ministry of Economy, and Dr. Saleh Al Hashimi, Director of ADNOC’s Commercial and In-Country
Value (ICV) Directorate. The signing took place at the first edition of Abu Dhabi Business Week at the Abu Dhabi National
Exhibition Centre (ADNEC) from December 4 to 6, 2024.
The partnership supports the Ministry’s goal to maximize the use of data as a strategic tool for sustainable development.
Abdulaziz Al Nuaimi highlighted that the collaboration will improve the quality of data analysis and enhance operational
efficiency, aligning with the pillars of the “We the UAE 2031” vision. He emphasized the importance of cooperation between
the government and private sectors to adopt innovative mechanisms and achieve global best practices.
The MoU establishes a framework for data exchange, the integration of databases, and the sharing of expertise to boost
efficiency. Both entities will work together to analyze and utilize data effectively, develop team capabilities, and encourage
the adoption of successful practices to advance their shared goals.
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