“As a result of the coronavirus pandemic, millions of SMEs in the Middle East will be looking for immediate funding in order to survive the crisis. The alternative is insolvency. It is crucial now more than ever to close the gap in financial inclusion for SMEs in the Middle East.” – Abdullah Al Othman
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Over the past few years Saudi Arabia has been gaining international attention for the measures it has taken to move the kingdom away from its dependency on oil and lay the foundations for a diversified economy. Considering the recent plummet in oil prices as a result...
"Although the UK is known globally as one of the most progressive regions for fintech innovation and growth, soon the Middle East won’t be that far behind" - Abdullah Al Othman Read the full article here
COVID has undoubtedly damaged business growth across the globe, but there is one particular industry that has experienced a boom - the fintech industry. According to research published by deVere Group, the pandemic drove an astounding 72% rise in the use of fintech...