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Fintech in the Middle East

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Stone & Chalk - Level 4

11 York Street

Sydney, 2000

Australia

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Fintech startups in the Middle East and North Africa (MENA) region have raised more than US$100 million in funding, with investment having doubled from US$18 million in October 2016 to more than US$35 million a year later. The number of Fintech startups has grown from 46 to 105 between 2013-2015, and is anticipated to reach 250 by 2020*.

Strategically located in the Middle East and directly connected to the region's biggest market - Saudi Arabia, the Kingdom of Bahrain is built on a rich history of trade and financial innovation.

As a leading regional Financial Services hub for more than 40 years, Bahrain offers a sophisticated financial services infrastructure, the region's only onshore Regulatory Sandbox, and a mature logistics network throughout the region. It's the ideal hub from which to access the US$1.5 trillion Gulf market. Find out why Huawei, Amazon Web Services, DHL, American Express as well as increasing numbers of Fintech companies are choosing Bahrain as their preferred location from which to capture growing opportunities across the Middle East.

Join us for this Country Briefing with David Parker, Executive Director of Financial Services, Bahrain Economic Development Board, and explore why Bahrain is good for your business growth in the MENA region.

*Fintech Is The New Oil In The Middle East And North Africa, Forbes, 11 December, 2017.

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Stone & Chalk - Level 4

11 York Street

Sydney, 2000

Australia

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