The Ministry of Energy and Infrastructure (MoEI) has announced a significant reduction in bureaucracy by eliminating over 745,000 government procedures across 21 services, resulting in a 75% decrease in service delivery time.
This achievement has saved customers 21 million hours and cut visits to the Ministry by 75%, leading to a 91% increase in customer satisfaction.
The announcement was made during the ceremony honoring winners of the Minister of Energy and Infrastructure Award for Zero Government Bureaucracy, which aims to promote innovation and efficiency within government services.
Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs, praised the initiative, emphasizing the Ministry's commitment to improving service quality and adapting to global developments.
The program not only recognises outstanding efforts but also motivates all employees to find innovative solutions.
Laila Al Bloushi, Director of Strategy and the Future Department, highlighted the Ministry's success in simplifying processes through the Zero Government Bureaucracy Program.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
The UAE has launched an urgent humanitarian mission to assist communities affected by Hurricane Melissa, which devastated parts of Jamaica, Haiti and Cuba.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, looked at ways to advance cooperation with South Korea in key sectors during talks with President Lee Jae-myung in Gyeongju.