Mohammed Al Balushi, Head of the Innovation Hub at the Dubai International Financial Centre, emphasized the importance of the Dubai Technology Future Summit in shaping the future of this vital sector, by bringing together stakeholders and decision makers under one roof to shape the future of the world. finance department.
Al Balushi, in a statement to the Emirates News Agency, WAM, on the sidelines of the Dubai FinTech summit, said that modern technologies such as artificial intelligence play an important role in the growth of the financial sector, noting that the top appears in his top. sessions on the role of modern technologies in the financial sector as it is a pillar for growth and innovation in the sector.
He said that the financial technology sector continues to grow, supported by more investments and innovations, highlighting the role of the Dubai International Financial Center in increasing growth by attracting companies operating in this area. , stressing that the center currently includes around 900 unique companies. in financial technology, which in turn contributes to increasing the continued growth of the financial and technological sector.
Al Balushi explained that the summit aims to focus on developments in the sector and discuss a number of topics, including specific specialties such as digital payments, open banking, and digital assets, as well as the role of investment capital in it the financial technology sector, noting that. most of the companies operating in the financial technology sector are emerging companies, which are mainly involved in providing the necessary support to companies and reducing costs to follow business growth and developments to ensure understanding of legislation, regulations and requirements.
2024-05-07 07:55:03
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