Dubai Chambers, noqodi Sign MoU to Enhance Business Community's Digital Payments

11 Nov, 2024

 Dubai Chambers has entered a Memorandum of Understanding (MoU) with financial technology firm “noqodi” to enhance digital payment solutions for its business community services. This agreement aligns with the chambers’ commitment to supporting Dubai’s 'Cashless Dubai' strategy, aimed at facilitating seamless and secure digital payment solutions across public and private sectors.

Under this agreement, Dubai Chambers will designate Noqodi as its primary provider of digital payment solutions  all its services. Noqodi will offer a range of payment options designed to improve customer experience, enhance digital transaction efficiency, and uphold stringent data protection standards.

Khalid Al Jarwan, Vice President of Operations and acting Vice President of Digital and Commercial Sectors at Dubai Chambers, emphasized the importance of continuously improving service quality to strengthen Dubai’s position as a global trade and investment hub. He noted that collaborating with Noqodi to develop digital payment channels would further ease business operations in Dubai.

Zahi Kallab, General Manager of Noqodi, expressed enthusiasm for the partnership, highlighting its transformative potential for payment solutions and enhanced community support. He reaffirmed Noqodi’s commitment to creating a seamless, paperless environment that promotes sustainability. Kallab emphasized that the collaboration will make digital transactions faster, easier, and more secure, underscoring Noqodi’s dedication to advancing payment technologies and helping Dubai Chambers transition to a more efficient and interconnected future.

Dubai Chambers serves as a key driver of economic growth in Dubai, facilitating business operations and providing value-added services that accelerate business expansion. Its efforts foster strong ties between the business community and government entities, support the emirate’s dynamic economy, and contribute to the goals of the Dubai Economic Agenda (D33), which aims to double Dubai’s economy over the next decade and position the city among the world’s top three. Key strategic priorities include enhancing Dubai’s business environment, attracting international investments, expanding the digital economy, and maintaining institutional and customer excellence.

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