News DeskDubai, UAE – e& life, the innovative business pillar of e&, has announced its participation in the Dubai FinTech Summit (DFS) as a Powered By sponsor. The summit, organised by the Dubai International Financial Centre (DIFC), is a leading global financial event in the MEASA region.
e& life is known for leveraging advanced technologies to offer a range of services including fintech, entertainment, retail, and mobility through its smart platforms and apps. Its fintech division, e& money, has gained recognition as a regional powerhouse and the UAE’s fastest-growing issuer of Mastercard debit cards.
Mohammad Alblooshi, CEO at DIFC Innovation Hub, highlighted the importance of collaboration in driving innovation. He expressed that the alliance between the summit and e& life underscores their shared commitment to nurturing a vibrant FinTech ecosystem and enhancing Dubai’s standing as a premier business destination.
Khalifa Al Shamsi, CEO at e& life, spoke about the Middle East’s significant transformation in financial services delivery, propelled by the shift from traditional to innovative tech solutions. He stated that e& is committed to leading this change and accelerating the region’s FinTech potential through strategic partnerships.
The partnership between e& and the DFS is expected to inspire new ideas, catalyse impactful innovations, and accelerate the journey towards a future where financial services empower societies. This aligns with the UAE’s aspiration to become a global hub for financial innovation.
The 2nd edition of the Dubai FinTech Summit aligns with the Dubai Economic Agenda (D33) to position Dubai among the top four global financial hubs by 2033. The summit, scheduled for May 6-7, 2024, at Madinat Jumeirah, Dubai, aims to foster cross-border collaboration and innovation, crucial for transforming the global FinTech sector. It will host over 8,000 decision-makers, 300 thought leaders, and 200 exhibitors showcasing cutting-edge technologies.
