MEASA’s finance capital
Dubai-based financial institutions are spearheading innovation in Islamic banking across the MEASA region.
In the MENA region
Dubai ranked first in MENA and 19th worldwide among 114 cities surveyed in the 2021 Global Financial Centres Index.
EMEA fintech investments
The EMEA fintech market attracted US$39.1bn in investment in H1, 2021, including a record US$15.1bn in VC funding.
Fintech proportion of VC funding
Fintech accounted for 30% of US$2.1bn-worth of seed-funding invested in the Middle East in 2020, the largest of any financial sector. Source: Arab News
Fintech market value
The fintech market in the Middle East and North Africa (MENA) is expected to reach US$2.5 billion by 2022.