Dubai Customs has launched its new e-statistics system, which has been developed in-house, to be up-to-date with the technological advancements in the UAE towards embracing the Fourth Industrial Revolution (4IR).
The approval of system is in line with the directives and vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Ahmed Mahboob Musabih, director general of Dubai Customs, kicked off the e-statistics system, at a ceremony held at Dubai Customs' headquarters in the presence of Arif Al Muhairi, executive director of Dubai Statistics Center, alongside senior executives and directors from Dubai Customs, said a statement from the organisation.
In his opening address, Musabih confirmed that the new smart system was 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,” stated Musabih.
He 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 UAE economy.
"We are 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," stated the official.
“The e-statistics system is the first electronic interactive system of its kind in the country for the preparation of foreign trade statistics. It involves fast and automated data processing, verification and validation and generation of statistical reports. It provides accurate, transparent and integrated foreign trade data for all sorts of goods based on Harmonised System (HS code) classification,” stated Musabih.
“As a secure, single source of statistical data, the system provides interactive dashboards that empower decision makers to closely monitor the changing trends of foreign trade and therefore make informed decisions,” he added.-TradeArabia News Service