Eight thousand decision-makers, over 300 thought leaders and more than 200 exhibitors have gathered at Dubai's Madinat Jumeirah for the Dubai FinTech Summit, which kicked off on Monday,
Under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and President of the Dubai International Financial Centre (DIFC), the summit offers a platform for start-ups, investors and industry leaders to connect and capitalise on the growing FinTech market in the region and beyond.
The MENA region’s FinTech start-up and venture capital landscape is booming, with over 800 FinTech start-ups worth $15.5 billion, according to data by dealroom.co.
The global FinTech sector is rapidly growing and is predicted to be valued at $608 billion by 2029, according to Mordor Intelligence, a market intelligence and advisory firm.
Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.
Amazon.com IncĀ is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.
Dubai International Airport (DXB) is gearing up to accommodate a surge in travellers over the next two weeks, marking one of the busiest travel periods of the year.
The UAE and India have reviewed the progress of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries that aim to advance bilateral trade towards a shared goal of $100 billion.