The Dubai Roads and Transport Authority’s (RTA) revenues via digital platforms hit AED 2.6 billion in 2020.
As many as 527 million digital transactions were processed by the authority last year, while the number of registered users on its online platforms reached 2.162 million, and the total number of smart apps downloads clocked over 6.13 million.
The rate of digitisation of the RTA’s transactions exceeded 91 per cent in 2020, and customers happiness rating index recorded 96.2 per cent.
The digitisation drive helped reduce the number of transactions processed at customers happiness centres by 64.5 per cent in 2020 compared to 2019.
"RTA is currently updating and following-up the implementation of 111 projects as part of its digital strategy 2020-2024. It intends to launch a roadmap of future technologies in the last quarter of this year, and undertake a roadmap of the 5th generation technologies in the second quarter of next year," said Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the RTA.
"The magnitude of RTA’s big data by the end of 2020 amounted to 127 terabytes, which is equivalent to archiving 64 billion papers," added Al Tayer.
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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