Moro Hub And DIFC Join Forces To Drive Digital Transformation In Dubai's Financial Sector

Moro Hub, a part of Digital DEWA under Dubai Electricity and Water Authority (PJSC), has entered into a Memorandum of Understanding (MoU) with the Dubai International Financial Centre (DIFC). This agreement was formalised during the third edition of the Dubai FinTech Summit. The collaboration aims to boost digital innovation and sustainability, strengthening Dubai's global leadership in financial services and technology.

In the presence of Saeed Mohammed Al Tayer, MD & CEO of DEWA, and Essa Kazim, Governor of DIFC, the MoU was signed by Mohammad Bin Sulaiman, CEO of Moro Hub, and Alya Alzarouni, Chief Operating Officer at DIFC. Senior officials from both organisations attended the ceremony.

Saeed Mohammed Al Tayer stated that this strategic partnership demonstrates Dubai’s dedication to accelerating digital transformation and enhancing its global leadership. He said, "Through the collaboration between Moro and the Dubai International Financial Centre (DIFC), we aim to empower institutions and businesses with world-class digital solutions, contributing to sustainable growth and creating new opportunities that support the Dubai Economic Agenda D33."

Essa Kazim echoed these sentiments by highlighting how this partnership aligns with their shared vision for innovation-driven growth. He remarked, "The collaboration between Moro and DIFC aims to empower institutions and businesses with world-class digital solutions, contributing to sustainable growth and creating new opportunities that support the Dubai Economic Agenda D33."

The partnership focuses on improving technological infrastructure within the DIFC ecosystem. Services offered include digital transformation, cloud services, cybersecurity, artificial intelligence, GPU as a service, and enterprise resource planning (ERP) packages. These enhancements aim to provide clients with superior service offerings.

Alya Alzarouni commented on the significance of this agreement by saying it reinforces DIFC's commitment to working with like-minded organisations. She added that they aim to provide world-class digital solutions valued by clients in the region’s leading global financial centre.

Driving Sustainable Economic Growth

Mohammad Bin Sulaiman expressed optimism about strengthening digital infrastructure across various sectors through this collaboration. He stated, "This MoU marks a significant step in our efforts to strengthen the digital infrastructure across varied sectors. By collaborating with DIFC, we will contribute to the sustainable economic growth of Dubai."

This partnership is set to explore ways to enhance digital solutions while ensuring innovation and security remain priorities. It supports Dubai's ambition under its Economic Agenda D33 to double its economy over the next decade through innovation-driven sustainable growth.

The alliance between Moro Hub and DIFC is poised to reinforce Dubai’s status as a leading hub for technology and innovation globally. By leveraging their combined strengths, they aim to create new opportunities that align with their shared vision for a future centred on sustainability and technological advancement.

With inputs from WAM