Emirates NBD named as key sponsor for Dubai FinTech Summit

Emirates NBD, a prominent banking group in the MENAT region (Middle East, North Africa, and Türkiye), has forged a significant alliance with the Dubai International Financial Centre (DIFC) by becoming a Premium Banking Partner for the esteemed Dubai FinTech Summit. This strategic collaboration underscores Emirates NBD’s steadfast commitment to driving innovation and excellence within the financial sector. The official partnership agreement was formalised in the presence of key figures including Arif Amiri, Chief Executive Officer at DIFC Authority, and Abdulla Qassem, Group Chief Operating Officer at Emirates NBD, during the DFS dialogues held on January 23, 2024.

Emirates NBD’s dedication to fostering innovation transcends conventional boundaries and extends to fostering partnerships with startups and accelerators. Moreover, the bank is proactively engaging with global fintech players to collectively develop cutting-edge products and services tailored to its diverse customer base.

The enduring collaboration between Emirates NBD and DIFC Innovation Hub since 2017 exemplifies the bank’s commitment to nurturing the growth of promising fintech startups, particularly those navigating the dynamic landscape of the metaverse. This collaborative effort has been instrumental in translating innovative concepts into tangible prototypes, thereby enhancing customer experiences in the evolving digital era.

Mohammad Alblooshi, Chief Executive Officer at DIFC Innovation Hub, expressed delight at welcoming Emirates NBD as a Premium Banking Partner for Dubai FinTech Summit 2024, highlighting the bank’s unwavering commitment to fintech innovation. He emphasised the pivotal role of this collaboration in nurturing a thriving fintech ecosystem conducive to the growth of innovative companies.

Marwan Hadi, Group Head of Retail Banking & Wealth Management at Emirates NBD, underscored the significance of the partnership with DIFC in fostering innovation and excellence within the financial sector. He emphasised the bank’s eagerness to contribute to an event that not only showcases the latest fintech innovations but also paves the way for future advancements, instrumental in driving forward the financial technology landscape regionally and globally.

Aligned with the D33 Agenda aimed at positioning Dubai as one of the top four global financial hubs by 2033, the second edition of the Dubai FinTech Summit is poised to foster cross-border collaboration and innovation. It presents a unique platform to explore emerging fintech trends and their potential to drive financial progress in the MEASA region.

Dubai FinTech Summit 2024 anticipates an unprecedented gathering of more than 8,000 decision-makers, over 300 thought leaders, and more than 200 exhibitors showcasing cutting-edge technologies. This annual mega event organised by the Dubai International Financial Centre (DIFC) serves as a beacon of financial innovation, opportunity, transformation, and growth for the international financial services sector.

With investments in fintech projected to grow substantially, the summit stands as a testament to Dubai’s pivotal role in spearheading the evolution of the financial services industry. Through its expanded program, the Dubai FinTech Summit is poised to exceed expectations by delving into key tracks such as the future of fintech, embedded and Open Finance, climate finance, Web3, and digital assets, championing innovation and addressing industry challenges head-on.

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