Dubai Chambers signs MoU with noqodi to develop digital payment solutions for business community

Agreement comes as part of drive to support ‘Cashless Dubai’ strategy

11 November 2024
news@news
  • Khalid Al Jarwan: “We are committed to continuously enhancing the quality of services provided across all business sectors to reinforce the emirate's position as a leading global hub for trade and investments.”
     
  • Zahi Kallab: “We are committed to continuously enhancing the quality of our services and security technologies across all business sectors to reinforce noqodi's position as a leader in fintech.”
     

Dubai, UAE – Dubai Chambers has signed a Memorandum of Understanding (MoU) with the financial technology company “noqodi” to develop digital payment solutions for the services it provides to the business community. The agreement comes as part of the chambers’ efforts to support the ‘Cashless Dubai’ strategy, which aims to enable seamless and secure digital payment solutions across the public and private sectors.
 

Under the terms of the agreement, Dubai Chambers will appoint Noqodi as the primary provider of digital payment solutions across all its services. The company will offer a variety of payment options that contribute to enhancing customer experience and improving the efficiency of digital payment transactions while ensuring the highest standards of data protection.
 

Khalid Al Jarwan, Vice President of Operations and acting Vice President of Digital and Commercial Sectors at Dubai Chambers, commented: “We are committed to continuously enhancing the quality of services provided across all business sectors to reinforce the emirate's position as a leading global hub for trade and investments. Developing digital payment channels in collaboration with Noqodi will further advance our drive to support the ease of doing business in Dubai.”


Zahi Kallab, General Manager of Noqodi, said : “We are thrilled to announce a pioneering partnership between noqodi and Dubai Chambers, set to transform payment solutions and significantly enhance community support, driving its evolution. noqodi is committed to creating a seamless, paperless, and community-focused environment that advances sustainability practices. This collaboration will streamline digital transactions, making them faster, easier, and more secure. Through this partnership, noqodi reinforces its dedication to spearhead in payment technologies and support Dubai Chambers transition to a more efficient and interconnected future.”
 

As a driver of economic development in Dubai, Dubai Chambers plays a key role in facilitating business operations in Dubai, providing value-added services, accelerating business growth, and supporting the interests of the emirate’s dynamic business community, as well as facilitating its interaction with government entities.
 

Dubai Chambers is committed to playing a key role in achieving the goals of the Dubai Economic Agenda (D33), which seeks to double the size of the emirate's economy over the coming decade and cement Dubai’s position among the top three cities globally. The chambers’ strategic priorities include improving Dubai’s favourable business environment, attracting international businesses and investments into Dubai, and driving the international expansion of Dubai Chambers’ members, as well as accelerating the growth of Dubai’s digital economy, increasing the effectiveness of advocacy, and sustaining a climate of institutional and customer excellence.
 

Downloadable Resources

Card Image
digital@digital
Dubai Startup Guide 2024

A comprehensive resource designed to assist entrepreneurs and startups in navigating the process of establishing their businesses in Dubai.

Card Image
digital@digital
Scaling From Dubai

Success Rates and the Available Environment

Card Image
digital@digital
Building your Business in a Dynamic City: The Entrepreneur’s Guide 2023

Valuable guidance for entrepreneurs seeking to establish a business venture in Dubai.

Card Image
digital@digital
Dubai’s Venture Capital Ecosystem

Exploring the startup investor landscape across Dubai and MENA.

Related Content

Card Image

14 November 2024

news@news
Card Image

12 November 2024

news@news
Card Image

11 November 2024

news@news