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Finance World Magazine| Edition: February 2024

This edition of Finance World magazine delves into the intricate tapestry of family businesses that form the backbone of the UAE's economic landscape. While the world marvels at the skyscrapers that adorn the horizon, it is the stories of resilience, tradition, and financial acumen within these family enterprises that define the nation's economic fabric. The cover story highlights some of the influential family businesses that traverse diverse sectors within the UAE, weaving together a narrative that profoundly influences the nation's economic trajectory. Furthermore, articles such as 'Exploring The AlMulla Brothers' Visionary Approach to Healthcare' and 'Innovation in Elevation: Al Habtoor Real Estate's Landmark Projects of 2023' navigate the influential role of family businesses in driving growth within diverse sectors. Moreover, the magazine explores regulatory initiatives taken by the UAE to boost family businesses within the country and their consequential impact on the economy. Articles including, 'The Economic Significance of Family Businesses in the UAE' and 'UAE's Unified Registry Launch: Strengthening Family Business Governance' provide insights into these regulatory measures. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

This edition of Finance World magazine delves into the intricate tapestry of family businesses that form the backbone of the UAE's economic landscape. While the world marvels at the skyscrapers that adorn the horizon, it is the stories of resilience, tradition, and financial acumen within these family enterprises that define the nation's economic fabric.

The cover story highlights some of the influential family businesses that traverse diverse sectors within the UAE, weaving together a narrative that profoundly influences the nation's economic trajectory. Furthermore, articles such as 'Exploring The AlMulla Brothers' Visionary Approach to Healthcare' and 'Innovation in Elevation: Al Habtoor Real Estate's Landmark Projects of 2023' navigate the influential role of family businesses in driving growth within diverse sectors.

Moreover, the magazine explores regulatory initiatives taken by the UAE to boost family businesses within the country and their consequential impact on the economy. Articles including, 'The Economic Significance of Family Businesses in the UAE' and 'UAE's Unified Registry Launch: Strengthening Family Business Governance' provide insights into these regulatory measures.

Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Fintech<br />

source: freepik.com<br />

UAE’s investment spiked by 92%, fueled by fintech-friendly regulations. CNBC<br />

Cash Infusion:<br />

FinTech Funding<br />

Highlights from the<br />

Middle East<br />

Fintech thrives on innovation, where funding is<br />

the spark that ignites a revolution in reshaping and<br />

redefining the future of finance.<br />

Fintech, short for financial technology,<br />

encompasses the delivery of financial<br />

services utilising IT and internet solutions.<br />

Key subcategories include digital<br />

payments, mobile banking, money<br />

transfer services, and cryptocurrency.<br />

Projections for <strong>2024</strong> indicate that the<br />

global fintech sector’s total revenue is<br />

expected to reach 188 billion U.S. dollars.<br />

In the Middle East, fintech services play a<br />

crucial role within the financial industries,<br />

with numerous startups emerging in this<br />

sector. Entrepreneurs swiftly grasped the<br />

value within the fintech industry, securing<br />

noteworthy funding mere years after their<br />

inception. This article spotlights some of<br />

these fintech ventures that have garnered<br />

substantial funding due to their innovative<br />

approaches and robust ideas.<br />

16 www.thefinanceworld.com <strong>February</strong> <strong>2024</strong>

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