Dubai Customs has launched its new e-statistics system, which has been developed in-house to keep abreast with the technological advancements in the UAE towards embracing the Fourth Industrial Revolution (4IR).
Ahmed Mahboob Musabih, director general of Dubai Customs, kicked off the e-statistics system, in a launch ceremony held at DC headquarters in the presence of Arif Al Muhairi, executive director of Dubai Statistics Center, alongside senior executives and directors from Dubai Customs.
In his opening speech at the launch ceremony, Ahmed Mahboob Musabih confirmed that the new smart system is an indication of the incessant efforts of Dubai Customs to provide value to the trade sector.
“We are applying and adopting the latest AI technologies to enhance and upgrade our services and facilities to our clients. With the new e-statistics system we can guarantee a higher quality of data provision to traders, investors, and decision makers at the government and private sectors,” Musabih said.
Musabih pointed out that Dubai Customs went above and beyond to ensure a best e-statistics system is in place because statistics are a very important indication of the performance of Dubai and the UAE economy.
“Dubai Customs is aware of the importance of information for global trade and economy. Information is power and who owns information, owns the world. Good management strategies and sound decision making require timely, cost-effective and easy-to-use information,” he said.
Dubai Customs’ cutting-edge electronic systems used in collecting and analysing trade and customs statistics provides a clear picture of how our national economy is performing.
The e-statistics system generates reliable and highly accurate information covering all components of Dubai's foreign trade, which accounts for around 80% of the UAE’s non-oil foreign trade.
Dubai's non-oil foreign trade in 2018 reached AED 1.3 trillion, bringing the total value of foreign trade from 2000 to 2018 close to AED 15.541 trillion.Propelled by a 30 per cent surge in export value, Dubai's foreign trade recorded a seven per cent year-on-year jump to AED 339 billion in the first quarter.