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This meeting underscores the UAE's commitment to collaborating with global fintech leaders to foster innovation
In 2023, the global market capitalization of stablecoins exceeded $130 billion
Company has notably teamed-up with major names like UAE Artificial Intelligence Office and FAB
SME loans made up 9.5 percent of 232.9 billion in financial facilities for commercial and industrial sectors as of June
UAE has emerged as a leading nation in the development of technology and AI-driven solutions
In 2023, overall global venture capital funding declined to $248.4 billion, the lowest since 2017
Training programs will include content to support the fintech and digital community, driving upskilling and re-skilling
During its participation at 24 Fintech, STC Bank will showcase its offerings and services
Last year’s edition of ADFW hosted over 3,300 directors and executives from leading global financial firms
The space is competitive and will breed significant innovation in the next few years
Over 370 wealth and asset management firms, including more than 50 pure-play hedge funds, are now based in the Centre
The UAE and India are among the fastest growing economies, with the UAE’s non-oil GDP growing by 6.2 percent in 2023
BNPL services are outpacing credit cards in the region
The dialogue seeks to boost bilateral trade and economic diversification initiatives
Kingdom accounts for 54 percent of the region's VC investments, a significant increase from its 38 percent share in 2023
Data showed that the average daily number of crypto traders in the region exceeded 500,000 in February
The regulation will also help consolidate the financial sector's competitiveness and support the UAE's economic growth
Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region
Open banking and digital payments among technologies that drive transformation in the finance industry
How Astra Tech’s Palm Pay is revolutionizing contactless payment
Open Finance is beneficial for both fintechs and their customers
In-store payments, self-service checkouts and eCommerce solutions to transform global payment sector
Agreement to facilitate cross-border mobile payment and trade, empower Saudi businesses
Mohammad Alblooshi, chief executive officer of the Innovation Hub, DIFC, underlined the role of technologies in driving the expansion of the financial sector
