GAIF and Fintech Robos partnership to boost financial industry in Arab World

GAIF and Fintech Robos partnership to boost financial industry in Arab World

Manama, Bahrain: The General Arab Insurance Federation (GAIF), the Arab international body focused on insurance and reinsurance, and Fintech Robos, a Bahrain-based firm specialised in savings and pensions technology and in organising financial conferences, have entered into a partnership under which they will collaborate in promoting platforms boosting financial literacy, financial inclusion, pension saving systems, and actuarial business in financial and economic sectors across the Arab countries.

A partnership agreement was signed this week between "GAIF" and "Fintech Robos", according to which the first became an official active partner in the three major annual events organised by the latter in Arab markets: the Arab Pension & Social Insurance Conference, Arab Savings & Financial Literacy Conference, and Arab Actuarial Conference. The agreement, which became effective 1st January 2023, was signed by Shakib Abou Zaid, Secretary General of GAIF, and Ebrahim K Ebrahim, CEO of Fintech Robos.

According to this partnership, the two parties will work together to enrich and expand these platforms over the coming years to increase institutional awareness within the financial industry on potential business opportunities and partnerships they will bring, as part of the continuous development of the Arab insurance markets.

In a statement on this occasion, Mr. AbuZaid stated that