Qatar is positioning itself as a regional hub for open banking and Islamic Fintech, supported by robust regulatory frameworks, advanced API infrastructure, and strategic partnerships, according to the latest Islamic Finance Report by the Qatar Financial Centre (QFC). The report outlines how Doha is building a pioneering open banking ecosystem aimed at transforming the financial…
The UAE is reinforcing its position as one of the world’s most attractive and secure destinations for fintech startups, as fresh data and investor sentiment point to rising momentum across the regional entrepreneurial ecosystem. MENA fintech startups raised a combined $289 million in May, a 25% increase from April, with a Wamda report showing that…
Doha’s Islamic fintech market is expected to record a 10% compound annual growth rate (CAGR) in the years to 2028, reaching QR16.1bn in total transaction volumes, according to the Qatar Financial Centre (QFC) report.”This robust growth is being driven by increasing consumer demand, favorable regulatory frameworks, and strategic investments in fintech infrastructure,” said the report….
Trade agreements in the 21st century are no longer just about reducing tariffs. Increasingly, they are evolving into frameworks that facilitate data flows, digital services, and financial innovation. They are evolving into frameworks that facilitate data flows, digital services and financial innovation. According to the World Trade Organization over 60 per cent of newly signed…
Following years of experimentation, digital assets are entering a more grounded, infrastructure-led phase. The real story in 2025 is regulatory clarity, deepening institutional interest and the shift toward scalable, integrated infrastructure. Not hype cycles or token rallies. This moment of change is a signal for fintech players ranging from payments and neobanking to compliance tech…
Launch of Qatar’s National FinTech Strategy 2023 In March 2023, the Qatar Central Bank (QCB) launched the “Qatar National FinTech Strategy 2023,” aiming to transform Qatar into a digitally advanced nation and a financial technology hub. The strategy focuses on enhancing innovation in the financial sector, attracting foreign direct investments, and building future skills…
Qatar’s fintech sector has seen remarkable growth over the past five years, driven by the government’s Qatar National Vision 2030, which prioritizes digitalization and a cashless economy, Mohammed Al-Delaimi, CEO and Co-Founder of PayLater, Qatar’s first fully licensed Buy Now, Pay Later (BNPL) platform has said. “The QCB’s fintech strategy, including a five-year roadmap for…
A Forbes report has forecast that the financial technology (fintech) market in the UAE is expected to reach US$3.56 billion in 2025, and US$6.43 billion by 2030, with a compound annual growth rate (CAGR) of 12.56 percent, positioning the country among the fastest-growing global markets. The report, titled “What Can FinTech Learn From The UAE’s…
Dubai Islamic Bank (DIB) is open to acquisition opportunities in its home base and the markets it operates beyond the Arab world’s second-largest economy as it looks to increase its market share, its group chief executive has said. The Dubai-headquartered lender is interested in acquiring a variety of assets that are complementary to the business…
His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, has recently met Crypto.com president and chief operating officer Eric Anziani at Gudaibiya Palace. HRH Prince Salman emphasised the kingdom’s commitment to advancing the financial services and digital technology sectors, both of which are priorities that contribute to supporting the kingdom’s…
