The Statistics Centre Abu Dhabi (SCAD) has signed a service level agreement with the region’s leading investment firm, Abu Dhabi Investment Office (ADIO) to cooperate on exchanging data, enhancing statistical collaboration, and developing foundations for joint action.
The cooperation aims to achieve integration and support the Abu Dhabi government’s efforts to develop a comprehensive and long-term statistical system for the emirate that “offers decision and policymakers and the business community with accurate and reliable statistics.”
According to the statement, the agreement establishes a framework for joint and organized statistical work and identifies areas of collaboration such as data exchange, metadata, the development of standards and methodologies, technical statistical support, the development of administrative records, statistical capacity building, and statistical maturity enhancement across the emirate.
“ADIO strives to ensure that the private sector is fully equipped with the tools and resources they need to succeed. Having access to the latest information, data, and statistics from across Abu Dhabi will aid investors in planning and making strategic decisions for their businesses. Our cooperation with SCAD will help to enhance the standards and availability of vital statistics, boost information and communications technology capacities, and support Abu Dhabi’s digital transformation.”
The agreement also establishes mechanisms for cooperation and coordination between the two parties to maximize the use of statistical resources and construct a complete statistical system based on scientific principles.
“The goal is to compile accurate, reliable and up-to-date data and indicators that meet the requirements of data users across all categories, to upgrade the statistical ecosystem in line with Abu Dhabi’s digital transformation vision,” as per the company statement.
HE Ahmed Mahmoud Fikri, Director General of SCAD commented, “Through this collaboration, we look forward to developing a strategic partnership with ADIO to provide up-to-date statistical data that meets the needs of the business community and contributes towards enhancing Abu Dhabi’s status and creating a vibrant and stimulating business environment.”