Subscribe Free
in Business & Finance

Emirates Group and Roads and Transport Authority sign MoU

Posted 2 March 2021 · Add Comment

The Emirates Group and Roads and Transport Authority have signed a MoU to collaborate and share best practices that enhance and create greater efficiencies across all asset management related activities for both organisations.

 


 

 

 

 

 

 

 

 

 

 

 

 

The MoU was signed by Ali Mubarak Al Soori (above left) executive vice president chairman’s office, facilities & project management and non-Aircraft procurement & logistics for Emirates Group, and Nasir Bu Shehab (above right) CEO, strategy and corporate governance sector, RTA.  Image:  Emirates Group


Mutual cooperation and open exchange between the Emirates Group and Roads and Transport Authority includes knowledge sharing in areas of asset sustainability, optimising asset lifecycle utilisation and enhancing returns on assets.


Al Soori, said: “Effective asset management is an important part of every organisation’s operations, financial positioning and overall growth. We look forward to strengthening ties with Roads and Transport Authority and developing a constructive and collaborative relationship through today’s agreement. Emirates Group has world-class expertise and capabilities in asset management through our local and global footprint, and we hope to further our cooperation with the RTA on matters of mutual interest in the areas of training, benchmarking tools, and frameworks within internationally recognised standards to extract the greatest value possible from our assets.”


This agreement follows the Dubai government’s directive for government entities to leverage the expertise and efficiencies of semi-government and private organizations. Today’s agreement will also support the Government Resource Planning Systems (GRPS), which has been implemented across different governmental departments to boost resources and knowledge, as well as consolidate best practices and policies that provide greater operating efficiencies.


The Emirates Group is the first non-government organisation to pen a partnership under the GRPS directive, and the collaboration with RTA will provide both organisations and their employees with shared knowledge, systems and frameworks in order to streamline operations, extract efficiencies and reduce costs.


“Dubai’s Roads and Transport Authority (RTA) is keen on building relationships and sharing knowledge with various government and non-government organisations in line with the government directives. We strive to achieve the sustainability of RTA’s key assets to ensure the continuity of service delivery. This is particularly relevant as RTA owns extensive assets and properties such as roads, bridges, tunnels, metro, buses, taxis, and marine transport means among others,” said Bu Shehab.


“We have charted out plans for the sustainability and protection of our assets for several years. We believe that cooperating with Emirates Group will enrich the experience of both parties and improve corporate performance as well. Assets are considered the true capital of the economic sector. We have therefore got to keep assets protected & sustained, and improve their life cycles on a par with the top global standards. We will be in a better position to achieve these targets through acquaintance with the practices of our counterparts in this regard,” added Bu Shehab.

 

 

Other Stories
Advertisement
Latest News

Middle East cargo carriers see international volumes rise in June

The International Air Transport Association (IATA) has released data for global air cargo markets for June showing a 9.9% improvement on pre-COVID-19 performance (June 2019).

Qatar Airways engages with IATA on Environmental Sustainability Training

Qatar Airways has selected the Certificate of Advanced Studies in Environmental Sustainability in Aviation Program offered in partnership between the International Air Transport Association (IATA) and the University of Geneva.

Gulf Air reward a number of its front line staff

Gulf Air has rewarded a number of its front line staff in appreciation for their outstanding and exceptional services during the COVID-19 pandemic.

TRAINING: India Gets Two AL-55I Engines for Combat Trainers

India’s home-made HJT-36 combat trainer aircraft inched closer towards final stage of certification tests after it received the AL-55I turbojet engines from Russia. The aircraft maker Hindustan Aeronautics Ltd. has received two

TRAINING: Qatar and Turkey ink training partnership

Qatar and Turkey have signed a technical agreement allowing Doha to station a mixed fleet of up to 36 fighters, helicopters and support aircraft at the Turkish Third Main Jet Base at Konya in central Anatolia.

TRAINING: Turkish training exercises boosts relations

Turkey has hosted its annual Anatolian Eagle exercise, held at the Konya Air Base in Anatolia.

WDS SK2601090322
See us at
Aviation Africa 2021 BTOCAviation MENA 2022World Defence Show 2022DAS21_BT