Council Report: The U.A.E.’s Fintech Sector
The U.S.-U.A.E. Business Council is pleased to release a short study on how the U.A.E.’s fintech sector has flourished due to the visionary initiatives of financial free zones, supportive government policies, the country’s focus on blockchain technology and artificial intelligence, and a private sector that is keen to partner with innovative fintech startups.
This study is the first in a series of new in-depth reports that will be published and will focus on the U.A.E.’s efforts to harness transformative technologies in key verticals to diversify its economy. In this and each upcoming report, the Business Council endeavors to identify areas for closer U.S.-U.A.E. business collaboration.
Following the Business Council’s successful October 2019 Fintech mission to the U.A.E., this report also highlights the fintech work and partnerships of U.S. financial institutions, with both government and private-sector entities in the U.A.E.
The Business Council continues to work closely with key U.A.E. partners such as the Dubai International Financial Center, Abu Dhabi Global Markets, and various U.A.E. government regulators to increase and promote awareness of this critical sector. Much of the Business Council’s understanding of this vertical and ability to assist member companies flows from these close relationships and enduring partnerships.