The Judicial Department of Sharjah and the Central Bank of the United Arab Emirates (CBUAE) have signed a Memorandum of Understanding (MoU) aimed at strengthening cooperation to enhance the efficiency and speed of implementing judicial rulings and decisions related to the central bank’s areas of responsibility.
The agreement was witnessed by Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Judicial Council, and signed at his office at University of Sharjah in the presence of Khaled Mohamed Balama, Governor of the CBUAE.
The MoU was signed by Judge Dr Mohammed Obaid Al Kaabi and Fatima Abdullah Al Jabri. The agreement seeks to strengthen institutional collaboration and support the development of faster and more effective mechanisms for implementing court judgments and judicial decisions.
A key objective of the partnership is to leverage successful experiences in electronic integration, automation, and artificial intelligence to accelerate judicial procedures. The initiative is expected to improve coordination between judicial authorities and financial institutions while enhancing the quality and efficiency of services provided to stakeholders.
Under the agreement, both parties will develop a joint action plan to identify operational challenges, propose practical solutions, and establish advanced frameworks for electronic connectivity and AI deployment.
Streamlining administrative, technical procedures
The plan will also focus on streamlining administrative and technical procedures to improve overall performance, enhance operational efficiency, reduce processing times, and support the seamless implementation of judicial decisions and services.
The measures are designed to support the swift and effective execution of judgments, orders, and decisions issued by Sharjah’s courts and public prosecution authorities. The cooperation will also ensure alignment with approved judicial systems while strengthening communication channels to address technical and technological requirements.
Image credits: WAM | Cropped by GBN
In addition, the MoU provides for the exchange of expertise, knowledge, and professional visits between the two entities. It will enable judges and members of the Public Prosecution to benefit from the central bank’s expertise in financial crimes, anti-money laundering efforts, consumer protection, and developments in the banking and financial sectors through specialized training programs and workshops.
