Dubai: Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has entered into a Memorandum of Understanding (MoU) with the Dubai International Financial Centre (DIFC) during the 3rd edition of the Dubai FinTech Summit. This collaboration is set to drive digital innovation and sustainability, solidifying Dubai's status as a global leader in financial services and technology.
According to Emirates News Agency, the MoU was signed in the presence of Saeed Mohammed Al Tayer, MD and CEO of DEWA, and Essa Kazim, Governor of DIFC. The agreement was signed by Mohammad Bin Sulaiman, CEO of Moro Hub, and Alya Alzarouni, Chief Operating Officer at DIFC, with senior officials from both parties in attendance.
Saeed Mohammed Al Tayer emphasized that the partnership aligns with Dubai's commitment to accelerating digital transformation and enhancing its global leadership. Through the collaboration, Moro Hub and DIFC aim to empower institutions and businesses with digital solutions, thereby contributing to sustainable growth and supporting the Dubai Economic Agenda D33, which seeks to double the emirate's economy over the next decade.
Essa Kazim noted that the alliance would enable institutions and businesses in Dubai to access world-class digital solutions, creating new opportunities that align with the shared vision of innovation and sustainability. The partnership is designed to keep Dubai at the forefront of technological and financial advancements.
Mohammad Bin Sulaiman highlighted that the MoU is a crucial step toward strengthening digital infrastructure across various sectors. The collaboration with DIFC is expected to contribute to Dubai's sustainable economic growth, focusing on enhancing digital solutions to maintain a leading position in innovation and security.
Alya Alzarouni shared that the agreement with Moro underscores DIFC's commitment to working with like-minded organizations to provide valuable digital solutions. The partnership will bolster Dubai's reputation as a hub for technology and innovation.
The strategic partnership aims to enhance technological infrastructure and services for clients within the DIFC ecosystem, offering digital transformation, cloud services, cybersecurity, artificial intelligence, GPU as a service, and enterprise resource planning (ERP) packages and services.