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.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).
China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.