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What's the impact of Dubai investing more in fintech?

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تم إضافة السؤال من قبل Siham Amer , Financial Analyst , Noor Al Hikmah Group
تاريخ النشر: 2019/01/20

Dubai has facilitated investment facilitation for investors, which has enabled UAE nationals and expatriate workers to work and provide the city of Dubai

Roderick Lantin
من قبل Roderick Lantin , Rig HSEQ Consultant , DESCO Inc

 

Being a country that is in the limelight of being innovative it can utilize this new technology that seeks to improve and automate the delivery and use of financial services. This can be utilized to help companies, business owners and consumers to better manage their financial operations, processes, and lives by utilizing specialized software and algorithms that are used on computers and, increasingly, smartphones. This covers the automation of the financial sector, including advances in financial literacy, advice, and education, as well as streamlining of wealth management, lending and borrowing, retail banking, fundraising, money transfers/payments, investment management and more.

Mai Mahmoud
من قبل Mai Mahmoud , Human Resources Coordinator , Mantrac

Fintech is one of the fastest-growing areas for venture capitalists. Expanding the investment in this field open a lot of opportunities and helps organizations to seek employees from Dubai, even if they don't have facilities in U.A.E.

Zakaria Salah Eldin Elfiky
من قبل Zakaria Salah Eldin Elfiky , National Sales Manager , Gulf Advantage Automobiles (RENAULT)

Dubai is one of the first countries to use technology but not manufacture it.

But I know it is on its way to manufacturing technology. This allows it to be used by the technology and its exporters. 2030

Rabab Elswedy
من قبل Rabab Elswedy , Personal assistant , Sheraton Soma Bay, Marriott International Co

Today Dubai is biggest cuntry for any one seeking a job

windsor laporte
من قبل windsor laporte , General Manager- Facilities & Infrastructure , Vijayaraj Constructions P. Ltd

Dubai is a beautiful city and caters for numerous job opportunities. It has developed a long way in the last decade.

Alexandra Regie Pasaol
من قبل Alexandra Regie Pasaol , Marketing Assistant , Ewan Hospitality Group

In my opinion, Dubai should definitely invest more on financial technology since business are pacing up to new generation of managing industries and the resources they have should take advantage and make most out of it, because in the long run it would give them more convinient methods in the delivery of financial serives.

 

Azhar  Hussain
من قبل Azhar Hussain , Receptionist Telephone Operator , Fazaia Inter College

Globally, technology is rapidly transforming the financial sector. One of the many financial services industries impacted by FinTech is commercial real estate (CRE). With an ever-growing population, commercial real estate is becoming increasingly important as every office property, shopping mall and skyscraper owes its existence to CRE lender capital. Much like tech companies have disrupted consumer lending, technology is slowly transforming the CRE market.

Arvin Bryan Concepcion
من قبل Arvin Bryan Concepcion , Driver , interio design

the impact of Dubai investing more in fintech is more financial gain.

moh mustangin
من قبل moh mustangin , Account Executive, Key Accounts , PT MILLENIUM

Yes, This will allow Dubai to become a Fintech hub for the  Middle Dast and Africa Region, Time Zone compatibity allow for support around the region

Ibironke Ibikunle
من قبل Ibironke Ibikunle , Accountant/Adminstrative , Rccg City Of David

From Research i gather that, Any New Techonology can lead to one of Diametrically- opposed social outcome, Thus Dubai investing in fintech can help balance the distribution og global wealth and it can help in deepen Dubai Economic Growth.

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