Finance | Page 9

The growth of funding in the MENA region has exceeded US$4 billion in both 2021 and 2022, and the number of mega-rounds of $300 million or more has seen an increasing trend with three seen in 2021, and six in 2022, including two scaleups listing on stock exchanges.

DIFC Innovation Hub is the region's leading innovation ecosystem with 686 innovation and tech firms.

While 60% of adults have bank accounts in Palestine, only around 10% utilize credit products, resulting in limited financial literacy and offerings. Similarly, SMEs make up 95% of all business but contribute to just 16.4% of the Palestinian Gross Domestic Product (GDP).

When you're an entrepreneur, running a business is your first job, and you'll probably do very little actual accounting as you grow. So, if you love the front-line work, you might need to think again.

The next decade looks very exciting for stakeholders who are already in this region- as well as those who are expected to make a move.

"Dubai needs diversity in the companies on our exchange, world-class governance to instill confidence in the platform for foreign investment, and foreign investor-friendly regulation to incentivize them to bring their dollars here."

Before diving into trading, you must educate yourself about the financial markets, different trading strategies, and the specific instruments you wish to trade.

For many cities in the MENA, Dubai is a shining example of what it takes to become a global hub for entrepreneurship.

Access to hot tech deals is typically what differentiates top investors from the rest.

The Leaders in Fintech Awards 2023 was staged by Entrepreneur Middle East with the support of in5, Idealz One, Numei Real Estate and Fluidmeet.

We feature some of the regional and international fintech industry experts, startups, and investors who attended the Dubai Fintech Summit held in Dubai in May 2023.

We feature some of the regional and international fintech industry experts, startups, and investors who attended the Dubai Fintech Summit held in Dubai in May 2023.

We feature some of the regional and international fintech industry experts, startups, and investors who attended the Dubai Fintech Summit held in Dubai in May 2023.

Paymob is a payments facilitator in the Middle East, North Africa, and Pakistan region that employs 1,400 team members across the markets it serves.

A solid financial education will give Gen Z-ers clarity, control, and confidence, while saving them a whole load of financial headaches, heartaches, and misery.

While running a startup is an exciting journey, when it comes to the financial lessons learnt, being savvy to your market and your customer, and understanding your buckets of spending will help keep you in check in the early days.

The Jordan Payments and Clearing Company (JoPACC), a private shareholding company owned by the Central Bank of Jordan, and Copenhagen-headquartered Rainmaking Innovation have come together to support the development of fintech startups in Jordan.

As interest rates continue to climb, traditional banks will face an uphill battle in keeping pace with the advantages offered by fintech solutions.

The Head of DIFC Innovation Hub and FinTech Hive has his sights set on the growth of the fintech space in the UAE- and he hopes to lay the groundwork for that at the Dubai Fintech Summit 2023.

How can we enjoy the potential benefits of stablecoins, while maximizing trust in the issuers behind them? This is where central bank digital currencies come in.

Identify the venture capitalists that know how to do their job, see you for what you are capable of, and back you for both of those reasons.

Hakbah aims to optimally serve customers seeking to save in an innovative, accessible manner, with a social impact.

While raising a pre-seed round can be overwhelming, it can also be a learning experience to help founders develop critical skills that will benefit them in the long run.

By seeking financial support beyond traditional channels, companies can not only foster their own growth but also contribute to the success of their communities and the wider economy.

With its corporate venture capital arm SRMG Ventures, Saudi Research and Media Group (SRMG) aims to drive forward the future of media in the MENA region.

"I love the champion mentality here in Dubai," said Novak Djokovic at the event. "I love that people here want to be the best in the world."