THE GREAT GULF FINTECH RACE Technology

摘要

Fintech is an increasingly important buzzword for the governments of the Arabian Gulf countries. Each of the six states of the Gulf Co-operation Council (GCC) - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates - have developed or are developing high-level strategies for the development of fintech ecosystems, combining progressive regulations in areas such as cryptocurrencies, open banking, roboadvisory and regtech with generous sandbox and accelerator programmes.