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Maktoum Bin Mohammed claims that the Dubai Fintech Summit will change the financial landscape

admin by admin
November 7, 2022
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Maktoum Bin Mohammed claims that the Dubai Fintech Summit will change the financial landscape
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The Dubai FinTech Summit, a global gathering of more than 5,000 experts, thought leaders, policymakers, and decision-makers in Dubai, has been officially launched by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of DIFC. Participants will discuss how they can shape a new wave of innovation, enterprise, and growth for the global financial industry.

The Dubai FinTech Summit reflects His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision for the emirate to become a global innovation hub and a leader in advancing the future of finance. He is Vice President, Prime Minister, and Ruler of Dubai.

The global FinTech market is expected to reach more than $135.9 billion in value in 2021, and the Dubai FinTech Summit will help open new horizons of opportunity and transformation for both the global FinTech sector and the global financial industry. DIFC is home to the largest cluster of FinTech and innovation businesses in the region.

The global financial sector and FinTech in the global economy will be able to enter a new phase of exponential growth thanks to the ideas, knowledge, and perspectives that will be shared at the Dubai FinTech Summit. To further encourage the digital advancement of the financial sector, DIFC will use the Summit’s platform to bring together banks, FinTech’s, and regulators from around the world.

More than 100 FinTech and Future of Finance players will have a chance to showcase their most recent technological advancements at the Summit. The conference builds on the success of the DIFC FinTech Week held in June 2022, where more than 1,500 FinTech pioneers, investment companies, banks, policymakers, and service providers in the area discussed factors driving the expansion of the financial services industry.

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