Dubai launched the Middle East, Africa and South Asia (MEASA) region’s first fintech accelerator in January, as efforts to update the legal framework for crowdfunding activities in the financial sector also make headway.
Egypt’s banks are seeing rising profits and robust capitalisation, as evidenced by a flurry of recent releases of FY 2015/16 results from the country’s major banks.
Tanzania’s microinsurers could benefit from strong growth, with some domestic players looking to expand operations and recent pro-consumer reforms expected to support further take-up and deepen insurance penetration.
Corporate and sovereign offerings of both conventional and Islamic bonds are expected to maintain their momentum in Sharjah after a strong showing last year.
Economic update | New regulations and ICT solutions to spur e-business in Papua New Guinea
Paperless transactions are gaining ground in Papua New Guinea thanks to the promise of new central bank regulations and the arrival of a satellite internet services provider.
Foreign banks may be granted greater access to Myanmar’s domestic financial market as a way of servicing local demand for trade financing.