In lines with Dubai Government DOF’s vision of the importance of sharing and making the financial statements available to all levels inside and outside Dubai, with the diverse needs and requirements of vital sectors in the economy. Also, contributing to the empowerment of the society and its various sectors and investors at home and abroad to access the information and financial data that supports the economy of the Emirate, and ensure understanding of the society’s needs and achieve the requirements of global competitiveness; Therefore, in this context, DOF has prepared the financial dashboard, which includes many financial statements and global financial indicators, as per IMF's ratings and GFSM index, enhancing confidence in financial sustainability and emphasizing the robustness of Dubai's economy.
Open Data Policy refers to data that may be used, reused and published by any individual freely and without technical, financial or legal restrictions, taking into account the requirements of the legal license under which such data were published (Law No. (26) of 2015 Regulating Data Dissemination and Exchange in the Emirate of Dubai). It is one of the leading practices, which reflect DOF's continuous development desire by opening up to the community of Dubai by providing transparent financial data and information that are of interest to the community and reflecting the efforts of Dubai Government in developing government services and projects in line with Dubai Plan 2021. DOF adopts the concept of open data, and provides through its website many data and information to enhance participation and raise the knowledge of DOF's efforts, in addition to achieving
the following added values:
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Promoting transparency and community service.
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Optimizing government service.
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Providing opportunities to create new products and services.
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Providing opportunities to create new business fields and economic opportunities.
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Create new knowledge by integrating multiple data sources and processing big data.
This Policy aims at outlining the policies of open data management on DOF’s website in accordance with controls set forth in the Disclaimer, Terms, Conditions, and Privacy Policy, all available on the website. In addition to presenting data classification criteria adopted and abide by DOF upon following Open Data Policy on its website to achieve transparency and credibility in the announcement of data and raise community awareness of financial statistics.