- The award is provided by Capital Finance International (CFI), a print information journal and online source reporting on business, economics, and finance.

- Smart Dubai won the award in recognition of its success in designing as well as delivering incorporated cross-sector services and also harnessing innovation.

- H.E. Dr Aisha Bin Bishr: Emerging modern technologies have massive potential to reinvent the city as we understand it and tremendously change individuals's lives right along the way.

"Smart Dubai takes a holistic strategy to digital development, and it sets bench high," read the Judges' Report announcing Smart Dubai's winning of the 'Best Smart City Innovation Impact-- Global 2020' title, an award organised by Capital Finance International (CFI), a print news journal and online resource reporting on company, economics, as well as finance.

The award was provided to Smart Dubai in acknowledgment of its success in designing and supplying integrated cross-sector solutions, and harnessing innovation to produce the smartest as well as happiest city in the world.

" Emerging technologies have enormous capacity to reinvent the city as we know it as well as greatly transform people's lives right along the road," claimed Her Excellency Dr Aisha Bint Butti Bin Bishr, Director General of Smart Dubai. "Smart Dubai has a clear vision to build a world-leading smart city centred around the happiness of its citizens. We have actually made amazing progress in this mission and also are honoured to have our efforts identified by being awarded for the Best Smart City Innovation Influence - Global title by a prestigious entity such as Capital Finance International."

"Guided by the forward-thinking vision as well as directives of our wise leadership, Dubai-- and the UAE in its entirety-- has come a long way in embracing as well as using advanced modern technologies, establishing the emirate as a global hub for technology and also an exemplary smart city of the future," H.E. Dr Aisha added.

Smart Dubai made the award for the multiple projects it has actually introduced to spearhead Dubai's transition into a world-leading smart city. These include Smart Dubai's Artificial Intelligence (AI) Laboratory, which was developed in partnership with IBM to change the emirate right into a testbed for innovation and also a global hub for sophisticated technology, in addition to its function in bringing public and exclusive entities with each other to develop arising technology and data science projects.

The Best Smart City Innovation Impact - Global 2020 honor identifies Smart Dubai's contributions in the blockchain market; the department has executed 24 use cases throughout eight sectors where the technology can be virtually used. It likewise acknowledges Smart Dubai's efforts to get rid of paper in government transactions, which have enabled the emirate to save USD197 million (AED723.6 m) in costs, countless hours of labour, and also tens of hundreds of trees.

Finally, Smart Dubai made the award for its assistance to start-ups and entrepreneurs, taking part in numerous accelerator programmes as well as arranging the yearly Global Blockchain Challenge.

The CFI awards programme recognises excellence and rewards people as well as organisations that significantly contribute to the convergence of economic climates as well as really include worth for stakeholders. Headquartered in London, CFI supplies news, analysis, and commentary on markets worldwide, exploring the changes-- including in modern technology and innovation-- affecting these markets and identifying regions, industry sectors, and also companies that will likely succeed.