UAE Ministry of Finance Introduces AI-Powered “Virtual Mona” at GITEX 2024

UAE, 25 December, 2024 : The Ministry of Finance (MOF) introduced “Virtual Mona,” an AI-driven financial data advisor, at GITEX Global 2024. This innovative platform leverages artificial intelligence, augmented reality, and generative data analysis to enhance access to accurate financial data and improve decision-making.

Designed for senior management, federal agencies, businesses, and MOF employees, “Virtual Mona” streamlines data access, reduces errors, and promotes transparency by providing real-time, user-friendly insights and interactive data visualization.

H.E. Saeed Rashid Al Yateem, Assistant Undersecretary for Government Budget and Revenue Sector, highlighted the initiative’s role in advancing the digital transformation of the government financial sector. “This tool supports strategic decision-making with reliable data and reflects our commitment to innovation and efficiency,” he said.

Set to launch its initial phase by the end of the month, “Virtual Mona” aims to establish a proactive environment for financial data analysis, delivering multilingual support and enhancing user engagement across the financial sector.