Topic summary
FinTech
Extracted from the Wikipedia article Financial technology.
Middle East
The United Arab Emirates has emerged as the leading fintech hub in the Middle East and North Africa (MENA) region. The UAE hosts approximately a quarter of all fintech companies in the MENA region, supported by two financial free zones with independent regulatory frameworks: the Dubai International Financial Centre (DIFC), regulated by the Dubai Financial Services Authority (DFSA), and the Abu Dhabi Global Market (ADGM), regulatedby the Financial Services Regulatory Authority (FSRA). By 2025, the DIFC had grown to host over 1,500 fintech, artificial intelligence, and innovation firms, ranking ninth among global fintech hubs according to the Global Financial Centres Index, and first in the Middle East.