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As one of the world’s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National’s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
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Wednesday Dec 06, 2017
Brave new world of financial technology takes root in the UAE
Wednesday Dec 06, 2017
Wednesday Dec 06, 2017
Assistant Business Editor Chris Nelson talks to Craig Moore, the founder and chief executive of the UAE peer-to-peer lending platform Beehive.ae, about the rise and rapid evolution of financial technology in this region. While well established in the US and UK, fintech, as it is called, has only really taken off here in the past two or three years. With the Government keen to push the growth of a knowledge-based economy and encourage the growth of the small and medium-sized business sector, how does fintech fit in with the UAE’s development plans?