logo
Dubai FinTech Summit 2025 to Spotlight Global Innovation and Inclusive Finance

Dubai FinTech Summit 2025 to Spotlight Global Innovation and Inclusive Finance

Hi Dubai14-04-2025

Dubai is gearing up to host the third edition of the Dubai FinTech Summit on 12 and 13 May 2025, under the theme 'FinTech for All', at Madinat Jumeirah.
Organised by the Dubai International Financial Centre (DIFC) and held under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the event underscores Dubai's growing influence as a global financial powerhouse.
The Summit will welcome over 8,000 participants, 300 speakers, 1,000+ investors, and attendees from more than 100 countries, positioning it as a key global forum for FinTech innovation. In line with the Dubai Economic Agenda D33, the event reinforces Dubai's ambition to become one of the world's top four financial centres by 2033.
The agenda will delve into transformative themes including AI-driven financial services, blockchain advancements, digital banking, regulatory compliance, and cross-border investment trends. The Summit will also feature the FinTech World Cup, offering start-ups a chance to pitch to global investors, and dedicated pavilions for countries and companies to showcase cutting-edge solutions.
Notable speakers include Marko Primorac (Croatia), Gilles Roth (Luxembourg), Timothy Adams (IIF, USA), Tony O. Elumelu (Nigeria), and Vijay Shekhar Sharma (India). Additionally, the Future Sustainability Forum will be integrated for the first time, reflecting the Summit's focus on accessibility and inclusivity.
Essa Kazim, Governor of DIFC, highlighted Dubai's role in fostering FinTech excellence and attracting global talent, while strategic partners such as Emirates NBD, Commercial Bank of Dubai, and Alibaba Cloud further reinforce the Summit's stature.
As global FinTech revenues are projected to hit $1.5 trillion by 2030, the Dubai FinTech Summit 2025 is poised to shape the future of finance.
News Source: Emirates News Agency

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UAE drives global crypto revolution with adoption and innovation
UAE drives global crypto revolution with adoption and innovation

Khaleej Times

time7 hours ago

  • Khaleej Times

UAE drives global crypto revolution with adoption and innovation

The UAE has reinforced its position as the world's foremost crypto hub in 2025, leading a global surge in digital asset adoption driven by progressive regulations, strategic partnerships, and a tech-savvy population. A recent study by Atmos ranks the UAE as the most crypto-obsessed nation, scoring 98.4 out of 100, with a 25.3% cryptocurrency ownership rate and a phenomenal 210% adoption growth. This meteoric rise, coupled with Bitcoin's blistering rally past $110,000 and a $2.2 trillion market cap, underscores the UAE's pivotal role in reshaping global finance. As the country leverages regulatory clarity, institutional investments, and cutting-edge fintech innovations, it is not only riding the crypto wave but defining its future trajectory. The Atmos study evaluates crypto engagement through four key metrics — ownership rates, adoption growth, per capita search activity, and Bitcoin ATM availability. The UAE's dominance is remarkable despite having just one Bitcoin ATM, compared to the United States' 29,834 or Canada's 3,561. With 186,000 monthly crypto-related searches and a 210% adoption surge, the UAE outpaces Singapore (97.5 score, 24.4% ownership) and the US (85.4 score, 15.5% ownership). This reflects a cultural and economic embrace of digital assets, fuelled by a young, affluent demographic — over 60% of the UAE's 9.8 million residents are under 30 — and a government committed to a blockchain-powered economy. 'Crypto adoption is reshaping financial systems worldwide,' said Nick Cooke, CEO of Atmos, emphasising the UAE's leadership in integrating crypto into daily life. Bitcoin's recent ascent to $108,955.10, with peaks at $109,857, has ignited global optimism, with analysts like Nigel Green of deVere Group revising price targets from $150,000 to $175,000 by August 2025. Green attributes this rally to macro tailwinds, including a cooler US inflation report, easing US-China trade tensions, and a Moody's downgrade of US sovereign debt, which has driven investors toward Bitcoin as a hedge against fiat instability. 'Bitcoin is no longer just a speculative play but a strategic hedge,' Green notes, highlighting its appeal as 'digital gold' amid eroding sovereign credibility. The UAE's high ownership rate aligns with this trend, as investors seek assets immune to dilution or adoption is a cornerstone of the UAE's crypto ecosystem. Ripple's licensing by the Dubai Financial Services Authority (DFSA) to operate within the Dubai International Financial Centre (DIFC) marks a regional first, enabling regulated crypto payment services. Brad Garlinghouse, Ripple's CEO, praises the UAE's regulatory clarity, noting its $400 billion international trade market and 64% of Middle East and Africa finance leaders prioritising faster payments via blockchain. Ripple's RLUSD stablecoin, launched in 2023 with a $130 million market cap, exemplifies the demand for real-time settlement solutions. Similarly, partnership with UAE-based Tawasal integrates crypto services into a superapp, enhancing accessibility. Abu Dhabi's MGX investing $2 billion in Binance further cements the UAE's role as a crypto investment hub, with Emirates NBD's Liv platform introducing crypto services to bridge traditional and decentralised finance. The UAE's regulatory framework, led by Dubai's Virtual Assets Regulatory Authority (VARA) and Abu Dhabi Global Market (ADGM), balances innovation with oversight. VARA's licensing has attracted global players, while ADGM's regulations support blockchain development. 'The UAE's regulatory sandboxes allow fintechs to test AI-driven solutions safely,' says Nadeem Ladki of Bitpanda Technology Solutions. This contrasts with restrictive regimes like China's, positioning the UAE ahead of Singapore and Switzerland, despite their progressive policies. The UAE's $30 billion in crypto investments in 2024, coupled with a 41% increase in crypto app downloads, underscores its business-friendly environment, with free zones like DIFC and ADGM offering tax incentives and low startup costs. Decentralised finance (DeFi) is transforming the UAE's financial landscape, with global DeFi protocols holding over $150 billion in 2024. Platforms like MakerDAO and Compound enable intermediary-free financial services, aligning with the UAE's goal of financial inclusion for the 1.7 billion unbanked globally, per World Bank data. The UAE's mobile-centric DeFi solutions, supported by its advanced tech infrastructure, are poised to lead this shift. The upcoming Digital Dirham, a blockchain-based central bank digital currency (CBDC) set for fourth quarter of 2025, will enhance cross-border payments and combat financial crime, according to Khaled Mohamed Balama, Governor of the Central Bank of the UAE. With 10% of global GDP expected to be tokenised by 2027, the Digital Dirham positions the UAE at the forefront of this transformation. Artificial intelligence (AI) is amplifying the UAE's crypto prowess, with initiatives like DIFC's AI and Web3 incubator fostering innovation. AI enhances fraud detection and compliance, critical for navigating VARA's regulations. Globally, Layer 2 solutions like Optimism and Arbitrum improve blockchain scalability, making crypto viable for daily transactions. The UAE's fintech market, projected to reach $3.56 billion in 2025 and $6.43 billion by 2030, benefits from a 12.56% CAGR, driven by AI and blockchain synergy. Non-fungible tokens (NFTs) and metaverse platforms like OpenSea and Decentraland are also gaining traction, with the UAE's tech-savvy market capitalising on these new digital economies. Bitcoin's global rally, up 8.6% weekly, is mirrored by other cryptocurrencies like Ethereum (37.2%), XRP (19.2%), and Solana (18.6%), per Nick Forster. Ethereum's Pectra upgrade and Coinbase's S&P 500 inclusion signal mainstream adoption, boosting market confidence. In the UAE, 39.1% of residents are projected to use crypto by year-end, driven by user-friendly platforms and regulatory trust. The Bitcoin 2025 conference in Las Vegas, featuring speakers like US Vice-President JD Vance and MicroStrategy's Michael Saylor, will likely amplify global enthusiasm, with potential US policies like a Strategic Bitcoin Reserve further fueling growth. Despite its leadership, the UAE faces challenges. Cybersecurity risks in crypto transactions require ongoing investment, and balancing regulation with innovation remains critical. Globally, regulatory disparities — China's crackdowns versus the EU's MiCA framework — highlight the UAE's advantage in proactive governance. George Naddaf of eToro Mena notes, 'Fintech is redefining how investors make decisions,' with the UAE's education and accessibility initiatives sustaining momentum. Arif Amiri of DIFC emphasises the country's ecosystem, including an independent regulator and efficient judicial system, as a springboard for fintech growth. The UAE's crypto revolution is a blueprint for global economies. Its 210% adoption growth, 25.3% ownership rate, and $30 billion in 2024 investments reflect a nation not just adapting to digital finance but shaping it. As Nick Cooke of Atmos states, 'In the UAE, crypto drives a fully digitised economy.' With Bitcoin's resilience, institutional backing, and innovations like DeFi, CBDCs, and Web3, the UAE is poised to dominate the next phase of the crypto evolution, setting a global standard for a decentralized, inclusive financial future.

Dubai Financial Centre Unveils Global Sustainability Initiative
Dubai Financial Centre Unveils Global Sustainability Initiative

Arabian Post

timea day ago

  • Arabian Post

Dubai Financial Centre Unveils Global Sustainability Initiative

Arabian Post Staff -Dubai The Dubai International Financial Centre has announced the launch of the Future Sustainability Forum, a global platform aimed at accelerating sustainable finance and innovation. Scheduled to take place on 4–5 December 2024 at Madinat Jumeirah, Dubai, the event seeks to foster collaboration among industry leaders, investors, policymakers, and technology innovators to address pressing environmental challenges. Arif Amiri, CEO of DIFC Authority, emphasised the forum's role in advancing climate action through collaborative efforts and innovative financial solutions. The initiative aligns with DIFC's broader commitment to sustainable economic growth and its leadership in the Dubai Sustainable Finance Working Group, established in 2019. ADVERTISEMENT The forum will explore eight core pillars, including sustainable banking and finance, renewable energy, sustainable infrastructure, and green technology. It aims to channel investment flows between the global north and south, supporting the UAE's Year of Sustainability and its objectives for COP28.

India's Modi says he's received invitation for G7 summit in Canada
India's Modi says he's received invitation for G7 summit in Canada

ARN News Center

time2 days ago

  • ARN News Center

India's Modi says he's received invitation for G7 summit in Canada

India's Prime Minister Narendra Modi said he looked forward to meeting his Canadian counterpart Mark Carney during the Group of Seven summit, after the latter invited him to the gathering over a phone call on Friday. India is not a part of the grouping but can be invited as a guest to its annual gathering, which will be held this year in Kananaskis in the Canadian province of Alberta, from June 15-17. "Glad to receive a call from Prime Minister (Carney)...thanked him for the invitation to the G7 Summit in Kananaskis later this forward to our meeting at the Summit," Modi said in a post on X. The invitation suggests that both sides want to rebuild ties, which have nosedived in the last two years after Canada accused India of involvement undefined in a Sikh separatist leader's murder, and of attempting to interfere in the country's 2019 and 2021 elections. New Delhi denied both allegations. Modi also stated in his post that India and Canada would work together "with renewed vigour, guided by mutual respect and shared interests". India is Canada's 10th largest trading partner and Canada is the biggest exporter of pulses, including lentils, to India. Ottawa holds the rotational G7 presidency this year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store