Dubai ranked seventh in top FinTech locations of the future

Photo courtesy: Pixabay
Photo courtesy: Pixabay

Dubai has ranked seventh in the  world’s top FinTech Locations of the Future 2019/20 for Economic Potential Index, by fDi Markets. Dubai is the only financial centre in the Middle East, Africa and South Asia (MEASA) region to feature in the top 10.

Published by investment monitor fDi, the report recognises the enormous potential of FinTech to ignite economies and deliver sustainable financial sector growth. The report takes into account the regulatory and legal framework, ease of doing business, representation of leading world banks and talent pool as key factors influencing the top ten ranking. 

“We welcome the continued recognition of Dubai as an international hub for FinTech and innovation. This ranking further enhances Dubai’s global standing and asserts the DIFC’s reputation and capabilities as one of the world’s most advanced financial centres, reinforcing our position as one of the world’s leading FinTech ecosystems,” said Arif Amiri, Chief Executive Officer, Dubai International Financial Centre (DIFC) Authority.  

Author
CtoI News Desk
CtoI News Desk – CtoI

Singapore-headquartered online media company targeting Indian Diaspora across Singapore, US, UK and Dubai. Connected to India covers developments around Indians abroad, informing, engaging and entertaining its audiences.

Comments
Poll

Which service do you use to transfer money for personal use to India?

  • Bank Transfer
  • Remittance services
  • Paypal
  • Wire Transfer services like Western Union, Remit2India
  • International Money Order
Answer
Write your story

Contribute an Article

Learn more