Fintech is an increasingly important buzzword for the governments of the Arabian Gulf countries. Each of the six states of the Gulf Co-operation Council (GCC) – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab
Emirates – have developed or are developing high-level strategies for the development of fintech ecosystems, combining progressive regulations in areas such
as cryptocurrencies, open banking, roboadvisory
and regtech with generous sandbox and accelerator programmes.
