DUBAI: Jihad Faitrouni, CEO of Unlimited Insurance Services (UIS), said that the Dubai FinTech Summit 2024, which kicked off today in the emirate, reinforces the UAE’s leading role in promoting the growth of the financial and technological sector on all levels.

In statements to the Emirates News Agency (WAM) on the sidelines of the summit, which is being held on May 6 and 7, Faitrouni, said that the UAE recognises the importance of continuing to develop digital infrastructure to keep pace with global developments and enhance technological investments in various fields, including the financial sector, which is witnessing rising growth.

In this context, the CEO of UIS expected the financial technology sector in the UAE to witness growth exceeding 4.5% this year and more than 6.5% for the next year.

Source: Emirates News Agency