2024-05-09 13:07:12
The second edition of the Dubai FinTech Summit was launched in Madinat Jumeirah to discuss the latest innovations and challenges taking place in the sector.
According to the Emirates News Agency, WAM, the summit is organized by the Dubai International Financial Centre, and lasts for two days, and brings together more than 8,000 decision makers, 300 thought leaders, and more than 200 exhibitors.
The agency quoted Mordor Intelligence, a company specializing in market research and consulting, as saying: “The summit is being held at a time when the global financial technology sector is witnessing rapid growth, as it is expected to reach $608 billion globally by 2029.”
According to the agency, “The Dubai FinTech Summit will give startups, investors and industry leaders a platform to connect and benefit from the growing financial technology market in the region and beyond, with startups thriving and investment capital increasing in the financial technology sector in the region, as the Middle East region constitutes North Africa is home to more than 800 startups in the field, worth $15.5 billion.”
According to the agency, “The list of speakers at this year’s summit includes more than twenty governors of financial institutions, including Issa Kazim, Governor of the Dubai International Financial Center, Phil Mnisi, Governor of the Central Bank of Eswatini, Chea Seri, Governor of the National Bank of Cambodia, and Martin Galstyan, Governor of the Central Bank of Armenia.” John Rwangombwa, Governor of the National Bank of Rwanda.
The first edition of the Dubai FinTech Summit attracted more than 5,000 executive leaders from more than 90 countries, including more than 1,000 investors and more than 150 speakers. The summit witnessed the signing of more than 20 memorandums of understanding between global financial sector leaders.
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2024-05-09 13:07:12