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.
UAE: Dubai Financial Services
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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.
Economic update | Will the “second wave” of mergers and acquisitions in GCC banking continue to gather pace?
7 Jul 2021
More than a year after the initial onset of the coronavirus pandemic, the Gulf banking sector is seeing an increase in mergers and acquisitions (M&A), as lenders continue to deal with the economic fallout.
Economic update | Competitiveness and business environment see Dubai climb global financial rankings
18 Oct 2018
Dubai has improved its standing as one of the world’s top financial hubs and reinforced its position as a key regional centre for banking services, according to a recent survey on the global finance industry.
Economic update | Dubai to launch index futures following three new licensing agreements
27 Nov 2017
Efforts to expand the reach and product offering of Dubai’s capital markets accelerated in October, as Nasdaq Dubai inked several deals to launch index futures.
Positive first half results from leading banks, rising business confidence and a predicted surge in consumer spending are expected to boost lending and earnings in Dubai’s financial services sector.