Description
| Title | Fintech Maturity in MENA: Navigating Challenges, Opportunities, and Regulatory Dynamics |
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| Description | The fintech landscape in the MENA region bears the opportunity of rapid evolution and transformative potential. With one of the highest unbanked populations globally, MENA is ripe for innovative financial solutions that leverage technology to drive financial inclusion and economic empowerment. As governments embrace digital transformation agendas, understanding the unique challenges and opportunities within MENA's fintech sector offers invaluable insights into how technology can reshape the future of finance in emerging markets. This vibrant environment makes it a relevant field for researchers, entrepreneurs, and policymakers alike. Arab Advisors Group released this report to answer the below questions: • How are Arab governments fostering Fintech in their respective countries? • Who are the regulatory authorities in MENA responsible for Fintech? • How clear and accessible are these regulatory frameworks? • What are the barriers to fintech innovation in each of the 19 MENA countries? • Do MENA governments have fintech visions in place? And how mature are those visions? • How is 5G driving the development of the fintech industry in the Arab world? • Do MENA governments acknowledge the role of telcos in the advancement of their fintech sector? • What are MENA governments’ stance on cryptocurrencies? |
| Date | Nov 28, 2024 |
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