Dubai's Roads and Transport Authority's (RTA) digital platforms generated a 32 per cent increase in revenue in 2021, totalling AED 3.5 billion.
The number of smart app transactions clocked 1.2 million in 2021, representing an upsurge of 44 per cent as compared to 2020.
Meanwhile, the number of digital transactions touched 676 million, marking a 28 per cent increase over 527 million the previous year.
The number of registered users on digital service platforms exceeded two million, with almost one million of them being active users.
Downloads of RTA’s smart apps reached 6.1 million, digital adoption index of RTA’s services amounted to 95.2 per cent and compliance with the Dubai Data Law clocked 100 per cent.
"RTA has so far accomplished 76 projects out of a total of 106 projects listed in its digital strategy," said Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA.
"Work is currently up and running on 14 projects, and 16 projects will be undertaken in future."
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.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Shares in online fast-fashion retailer Shein have fell 8 per cent in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages.
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