For the second consecutive yr, 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 world 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 most recent 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, in keeping with Mordor Intelligence, a market intelligence and advisory agency. Bucking the downward world 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, traders and trade 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 price USD15.5 bn, in keeping with information by dealroom.co. Reflecting the continuing transformation within the monetary sector pushed by Innovation, Inclusion, and Influence, the important thing themes this yr can be Finance Renaissance, Ecofinance and Influence, Funding Vanguard, Regulatory Frameworks, International 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 trade rising at an unprecedented charge, it’s essential for stakeholders to assemble and focus on the challenges and alternatives that lie forward. The Dubai FinTech Summit will carry collectively probably the most outstanding figures within the trade, with an agenda that’s aimed toward driving innovation, inclusivity, and development for all.”
With a powerful line-up of distinguished native and worldwide audio system, the Dubai FinTech Summit will host a collection of panel discussions and fireplace chats. Greater than 20 governors of monetary establishments will attend the summit this yr, 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 Road world advisors and Jim Demare, President world markets at Financial institution of America, together with many different world trade leaders may also be collaborating within the numerous classes deliberate for the Summit. Notable native audio system embrace H.E. Abdullah bin Touq Al Marri, Cupboard Member & UAE Minister of Economic system; H.E. Helal Saeed Al Marri, Director Normal, Division of Economic 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 reworking the worldwide FinTech sector.
In keeping with the D33 Agenda to place Dubai as the highest 4 world monetary hub by 2033, the twond version of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to reworking the worldwide FinTech sector. It presents a singular alternative to discover rising FinTech developments 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 traders and greater than 150 audio system. Over 20 Memorandum of Understandings have been signed with world 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 world 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+ world trade leaders, 1,500+ traders and coverage makers, signalling elevated urge for food for development alternatives within the area. Dubai FinTech Summit indicators new wave of monetary innovation, alternative, transformation, and development for the worldwide monetary companies sector. As a rising FinTech hub, Dubai can be spearheading the
evolution of the monetary companies trade, 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 objective of propelling Dubai into the ranks of the highest 4 world 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 trade challenges head-on and championing innovation.
To register for the occasion, go to www.dubaifintechsummit.com.
Guests should purchase tickets for the Dubai FinTech Summit 2024, with early chook 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 International
Cell: +971 55 498 4989
[email protected]
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