The Ministry of Finance has become the first federal entity to allow the use of 'Aani' and 'Jaywan' to pay federal service fees and fines.
The decision follows a cabinet resolution, national news agency Wam reported on Monday.
Backed by the Central Bank of the UAE, 'Aani' is the country's instant payment platform, while 'Jaywan' is the homegrown card payment scheme.
It is part of the Ministry of Finance's efforts to further develop the government payments ecosystem and accelerate and provide more flexible, convenient and faster payment options across all federal entities.
Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, noted that the "adoption of these two systems directly contributes to ensuring sustainable financial flows and reducing transaction operating costs, while maintaining the highest standards of security and speed".
Saeed Rashid Al Yateem, Assistant Undersecretary for the Government Budget and Revenue Sector, added that the move will accelerate revenue collection processes, broaden payment options available to customers and deepen integration with the UAE's national payments infrastructure.
The Abu Dhabi Registration Authority (ADRA) says more than 7,800 businesses have benefited from an initiative waiving fines for late renewal of economic licences.
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
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