Search results for: 'saudi fintech'

AI s impact on global businesses in the past decade cannot be overstated. Large-scale and real-time data analysis and highly accurate prediction capabilities of AI/machine learning (ML) algorithms are significantly improving decision making processes. Moreover, AI s ability to take over routine and low-skill tasks will help firms shift their employ...

The metals and manufacturing sector across the Middle East is undergoing a fundamental structural shift, driven by the convergence of decarbonization mandates, energy transition demand, industrial localization policies, and digital transformation imperatives. This study examines the evolving competitive landscape and identifies ten high-priority gr...

The Middle East manufacturing sector is undergoing a structural transformation driven by decarbonization imperatives, energy transition, and the economic diversification agendas of the Gulf Cooperation Council (GCC) governments. Carbon intensity is emerging as a key competitive differentiator, particularly as the European Union (EU)'s Carbon Border...

Digital payments technology adoption in Asia-Pacific remains in a nascent stage, and unlike digital payment methods used by consumers in which streamlined checkout processes accept instant payment using credit cards, the bulk of B2B payments is still tied to paper checks and manual processes. The future of digital payments is driven by applicatio...

This study covers the reaction of traditional insurance companies, the Malaysian government and supporting organisations to the new-generation trend of InsurTech and explores InsurTech start-ups active in the Malaysian market. The Malaysian insurance industry has been showing good growth since its inception as Bank Negara Malaysia (BNM; the centra...

From a $1.90 trillion market in 2015, the global halal economy will expand to an approximate $4.60 trillion economy by 2030 under a baseline scenario, potentially reaching $4.96 trillion under an optimistic scenario. Aside from Organization of Islamic Cooperation (OIC) member countries, growth opportunities will increasingly emerge across non-OIC m...

An increasing number of E2W start-ups are in the market, especially those importing cheap components and selling low-quality vehicles. Most traditional internal combustion engine (ICE) two-wheeler (2W) original equipment manufacturers (OEMs) have yet to enter the E2W market. With E2W technology nascent and dominated by start-ups, it attracts entiti...

30 Apr 2021  |  Asia Pacific  |  Market Research

Digitalization and Data Analytics are Driving Asia-Pacific Cross-border and Remittance Service Market Growth

The Need for Faster Payment Services and Lower Transaction Fees Creates New Growth Opportunities

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2020 was marked by pervasive disruption, caused by the COVID-19 pandemic, which created growth opportunities for cross-border and remittance service providers. The market witnessed a rise in digital adoption rates (15% YoY growth rate in 2020). Rapidly advancing technologies, evolving customer expectations, and a changing regulatory landscape are d...

21 Apr 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

ICT Market in the Middle East, Forecast to 2024

Governments’ Digital Transformation Initiatives and Enterprises’ Increasing Acceptance of Disruptive Technologies, Such as IoT

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This research service analyzes the ICT market in the Middle East. It provides key highlights for 2019 as well as an outlook of the future. Countries covered under the geographic scope of this research service are Bahrain, Egypt, Iran, Iraq, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and Syria. By industry, the market is segmented into tele...