Saudi Business Council’s Post

24 Fintech #InTheNews: "Inaugural 24 Fintech edition to host global finance industry leaders. 24 Fintech is closely aligned with Saudi Arabia’s Vision 2030 which positions the industry as a crucial element in achieving economic transformation"

Don’t miss out on #FintechSaudi Hourly Workshops to get an overview of the Saudi Fintech Ecosystem. Book your day and visit us at #24Fintech! https://shorturl.at/keNyw

https://lnkd.in/dxQwRv4b GCC's Fintech Investments: Trends and Future Projections The Gulf Cooperation Council (GCC) region is experiencing a dynamic shift in the financial landscape, driven by the surge in financial technology (fintech) investments. As the region embraces digital transformation, here's an exploration of the current trends in GCC's fintech investments and future projections. 1. Rapid Growth in Funding...... #FintechInvestments #VentureCapital #StartupsFunding

A recent report underscores the remarkable growth trajectory of Qatar's Islamic fintech market. It reveals that the country hosts 24 of the global 417 identified Islamic fintech firms, ranking sixth globally. Moreover, the GIFT index positions Qatar as the eighth most conducive ecosystem for Islamic fintech, demonstrating the nation's commitment to fostering innovation and industry development. #qatar #doha #didyouknow #facts #development #fintech #market

The Arab Monetary Fund (AMF) and Bahrain FinTech Bay (BFB) have signed a memorandum of understanding (MoU) on the sidelines of Dubai Fintech Summit and the AMF Fintech events in Dubai. Under the deal, the two institutions establish a comprehensive framework for collaboration, spanning various critical areas, and how best to leverage their respective comparative advantages to address their shared vision towards building a robust and agile fintech ecosystem and making digital financial services work for financial inclusion and stability across the Arab region.

Qatar's Islamic Fintech market is poised for significant growth, projected to reach $4bn by 2027, as highlighted in the Global Islamic Fintech (GIFT) Report 2023/24. This annual sector report offers a comprehensive overview of the Islamic fintech landscape, including market sizing across OIC countries, a GIFT Index evaluating conducive environments for Islamic fintech activity in 64 nations, insights from industry practitioners via an industry survey, and the most extensive database of Islamic fintechs globally. #fintech #cxda #sme #finanace

5️⃣ GCC fintech Growing pains? Are we past peak #fintech in the #gcc & #menaregion? Maybe. But that doesn't mean there's not room to grow across #financialservices. Our forward view on #futurefinance in the #mena region shows there's lots of opportunity in financial innovation to 2030: 🟢 #embeddedfinance & #climatefinance biggest regional growth opportunities (look out for more on that next week). 🟢🟢 Region is leading on driving new markets in #digitalassets markets and #regulation. 🟢🟢🟢 High value opportunities in capital-light, recurring revenue services in asset & wealth management in a region where savings penetration is still low. Read the findexable report on #fintech in #saudiarabia https://lnkd.in/dQzEPBjK Ziad Al Yousef Khaled M. Albasias Fares Alsaleh Nezar Alhaidar Sagar R Shah Nosaibah Alrajhi, MBA Saleh ALhammad Grant Niven Mark Diamond Alvaro Rojo Charu Ramchandani Gabrielle Inzirillo Arjun Vir Singh Mohammad Nikkar, PhD Yasmeen Janahi Abdulmajeed Alsukhan Sonia Gokhale Jad Barakat Tom Bourgoin Steve Durning Sayudh Dalvi Denise Gee Henk Jan Hoogendoorn Nikoletta Kovacs RASHED SAWAQED Omar Hassan SVC Fintech Tuesdays Saudi Central Bank – SAMA Fintech Saudi | فنتك السعودية MENA InsurTech Association LEAP Mingzulu

The report provides the very much anticipated quantitative overview of the advances in the Kingdom's Fintech ecosystem. Well done to the Fintech Saudi | فنتك السعودية team.

Get the insights you need on the development of the #fintech #ecosystem in #KSA from Fintech Saudi | فنتك السعودية #Annual_Fintech_Report23 https://shorturl.at/FaN86

The Arab Monetary Fund (AMF) and Bahrain FinTech Bay (BFB) have signed a memorandum of understanding (MoU) on the sidelines of Dubai Fintech Summit and the AMF Fintech events in Dubai. Under the deal, the two institutions establish a comprehensive framework for collaboration, spanning various critical areas, and how best to leverage their respective comparative advantages to address their shared vision towards building a robust and agile fintech ecosystem and making digital financial services work for financial inclusion and stability across the Arab region.