Dubai’s commitment to financial integrity and governance takes a significant leap forward with the approval of the Financial Audit Authority’s (FAA) Strategic Plan 2025-2028 by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and Chairman of the FAA.
Reflecting the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the plan reinforces financial oversight, accountability, and transparency across government entities. HH Sheikh Maktoum highlighted that the initiative aligns with Dubai’s growth trajectory and the evolving global economic and digital landscape, ensuring the city’s leadership in governance and financial integrity.
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The Strategic Plan is structured around four main goals and 15 strategic objectives, incorporating 32 performance indicators to ensure effective implementation. It focuses on enhancing internal controls, risk management, and compliance, while also fostering transparency and collaboration with stakeholders. The plan promotes AI-driven auditing and modern technology, strengthening Dubai’s digital transformation in financial oversight.
His Highness commended the FAA team for their efforts in formulating the plan and instructed them to closely monitor its progress. The initiative also prioritizes workforce development, attracting top talent, and enhancing employees’ proficiency in technology and AI-powered auditing.
His Excellency Abdulrahman Al Harib, Director General of the FAA, emphasized that the plan reaffirms Dubai’s commitment to efficient governance, innovation, and sustainable financial management. It marks a new era of institutional excellence, further reinforcing trust in Dubai’s financial ecosystem.
By integrating cutting-edge auditing practices and strengthening regulatory frameworks, the FAA’s Strategic Plan 2025-2028 solidifies Dubai’s position as a global leader in governance, transparency, and financial efficiency.
News Source: Dubai Media Office