The Middle East

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A number of remittance-focused financial technology (fintech) start-ups are gaining traction in emerging markets. In doing so, they are making inroads on market share that was formerly the preserve of established financial service providers.

Sustained investment and foresighted policy initiatives meant that the UAE and Abu Dhabi had developed a modern and effective public health system prior to the pandemic, supported by a growing number of private operators offering complementary services.

Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped to continue into 2022, a range of countries will see their crypto markets mature or expand.

Abu Dhabi had already developed a vibrant digital economy prior to Covid-19, with advanced ICT infrastructure in place and a digital-first approach that meant public services were easily accessible online.

What must banks consider when adapting their organisation and activities to environmental, social and governance (ESG) principles?

A report published in November last year by the World Travel & Tourism Council (WTTC), in collaboration with the UN Environment Programme and Accenture, has highlighted some of the challenges facing the global tourism industry when it comes to decarbonisation.

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