The 2nd Edition of the Arab Region Fintech Guide Looks at Double the Countries Compared to the 1st

The 2nd Edition of the Arab Region Fintech Guide Looks at Double the Countries Compared to the 1st

The second edition of the Arab Region Fintech Guide aims to be a gateway to learn about Fintech industry in the Arab countries and the related legislation. Also refers to the regulatory and supervisory provisions and procedures, licensing requirements for companies, the sectoral distribution of companies licensed to engage in Fintech activities, in addition to introducing the regulatory authorities responsible for the industry and their role within the Arab countries. The guide reviewed the incubating ecosystem for Fintech industry, its centers, business accelerators, and the activities and initiatives of Fintech industry existing in number of Arab countries. The second edition of the Arab Region Fintech Guide is identifying the Fintech ecosystem in ten Arab countries, namely the Hashemite Kingdom of Jordan, the United Arab Emirates, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the Republic of Sudan, the Sultanate of Oman, the Republic of Iraq, the State of Kuwait, the Republic of Lebanon, and the Arab Republic of Egypt, compared to four pilot countries in its first edition released in August 2020 edition. It is reported that the guide is prepared according to the responses of Arab countries received from an annual questionnaire sent to Arab central banks. It