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For the second consecutive 12 months, Dubai will stay within the highlight because it hosts the second version of Dubai FinTech Summit, below the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE and President of DIFC, which is about to happen on 6-7 Could at Madinat Jumeirah.
Organised by Dubai Worldwide Monetary Centre (DIFC), the main international monetary hub within the Center East, Africa and South Asia (MEASA) area, the Summit will carry collectively 8,000 decision-makers, over 300 thought leaders and greater than 200 exhibitors to debate the newest improvements and challenges and showcase cutting-edge applied sciences.
The worldwide FinTech sector is quickly rising and is predicted to be valued at USD 608bn globally by 2029, based on Mordor Intelligence, a market intelligence and advisory agency. Bucking the downward international market development, the MENA FinTech market is anticipated to register a CAGR of over eight per cent throughout the interval 2024 to 2029.
Dubai FinTech Summit will supply a platform for start-ups, buyers and business leaders to attach and capitalise on the rising FinTech market within the area and past. The MENA area’s FinTech start-up and enterprise capital panorama is booming, with over 800 FinTech start-ups value USD15.5 bn, based on information by dealroom.co. Reflecting the continued transformation within the monetary sector pushed by Innovation, Inclusion, and Impression, the important thing themes this 12 months can be Finance Renaissance, Ecofinance and Impression, Funding Vanguard, Regulatory Frameworks, World Monetary Dynamics and FinTech 2.0.
Mohammad Alblooshi, CEO at DIFC Innovation Hub, stated: “Practically 60 per cent of all FinTech firms within the GCC are presently based mostly in Dubai. With the business rising at an unprecedented fee, it’s essential for stakeholders to collect and talk about the challenges and alternatives that lie forward. The Dubai FinTech Summit will carry collectively essentially the most distinguished figures within the business, with an agenda that’s aimed toward driving innovation, inclusivity, and progress for all.”
With a powerful line-up of distinguished native and worldwide audio system, the Dubai FinTech Summit will host a sequence of panel discussions and fireplace chats. Greater than 20 governors of economic establishments will attend the summit this 12 months, amongst them, H.E. Essa Kazim, Governor, DIFC, UAE; H.E. Dr. Philmnisi, Governor, Central Financial institution of Eswatini; H.E. Cheaserey, Governor Nationwide Financial institution of Cambodia; H.E. Martin Galstyan, Governor, Central Financial institution of Armenia; H.E. John Rwangombwa, Governor, Nationwide Financial institution of Rwanda; H.E. Prof. Edward Scicluna, Governor, Central Financial institution of Malta will take part in discussions throughout the two-day occasion. Adena T. Friedman, Chair & CEO of Nasdaq Inc; Nic Dreckman, CEO of Financial institution Julius Baer & Co.; Yie-Hsin Hung, President & CEO of State Avenue international advisors and Jim Demare, President international markets at Financial institution of America, together with many different international business leaders will even be taking part within the varied periods deliberate for the Summit. Notable native audio system embody H.E. Abdullah bin Touq Al Marri, Cupboard Member & UAE Minister of Financial system; H.E. Helal Saeed Al Marri, Director Normal, Division of Financial system and Tourism, Dubai; H.E. Salem Humaid Al Marri, Director Normal, Mohammed Bin Rashid House Centre, UAE; and H.E. Faisal Belhoul, Vice Chairman of the Dubai Chamber, Chairman of J&F Holding.
A key spotlight of the Dubai FinTech Summit would be the Grand Finale of the FinTech World Cup (FWC). The champions of the FinTech World Cup can be introduced on Day 2 of the summit with the winners securing an funding of as much as USD 1 million. The competitors is a growth-enabling initiative by DFS designed to encourage cross-border collaboration and stellar innovation, pivotal to remodeling the worldwide FinTech sector.
According to the D33 Agenda to place Dubai as the highest 4 international monetary hub by 2033, the twond version of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to remodeling the worldwide FinTech sector. It presents a novel alternative to discover rising FinTech traits and their potential to drive monetary progress within the MEASA area.
The inaugural Dubai FinTech Summit attracted over 5,000 C-suite leaders from over 90 international locations together with north of 1,000 buyers and greater than 150 audio system. Over 20 Memorandum of Understandings have been signed with international monetary leaders throughout the Summit.
About Dubai FinTech Summit
Dubai FinTech Summit is an annual mega occasion organised by the Dubai Worldwide Monetary Centre (DIFC), the main international monetary centre within the Center East, Africa and South Asia (MEASA) area. The twond version of the Dubai FinTech Summit will carry collectively over 8,000+ international business leaders, 1,500+ buyers and coverage makers, signalling elevated urge for food for progress alternatives within the area. Dubai FinTech Summit alerts new wave of economic innovation, alternative, transformation, and progress for the worldwide monetary providers sector. As a rising FinTech hub, Dubai can also be spearheading the
evolution of the monetary providers business, with investments in FinTech projected to develop by 17.2 per cent CAGR to USD949 bn from 2022 to 2030. The summit aligns with the Dubai Financial Agenda D33’s strategic aim of propelling Dubai into the ranks of the highest 4 international monetary hubs by 2033.
The expanded programme of Dubai FinTech Summit is about to exceed expectations by delving into key tracks, together with the way forward for FinTech, embedded and Open Finance, local weather finance, Web3 and digital property. The summit stands as a thought leadership-driven platform, addressing business challenges head-on and championing innovation.
To register for the occasion, go to www.dubaifintechsummit.com.
Guests can buy tickets for the Dubai FinTech Summit 2024, with early hen costs ending quickly.
For additional enquiries, please contact:
Samia Ahmad
Assistant Supervisor, Advertising
DIFC Innovation Hub
[email protected]
Tel:: +9714 362 2657
Shadi Dawi
Director of PR & Strategic Partnerships
Trescon World
Cellular: +971 55 498 4989
[email protected]
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