Dubai Chamber of Commerce launches FinTech and Payments business group

By Leandra Monteiro

Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers has announced the launch of a new FinTech and Payments business group aimed at bringing together companies of all sizes within the FinTech and payments sector to encourage collegial dialogue, advocate policy change and promote the emirate as a highly competitive global commercial center.

The launch of the new business group is part of the chamber’s plans to increase the number of business groups that represent economic sectors and activities in Dubai, ensuring all industries and economic activities are represented to boost their competitiveness and drive Dubai’s sustainable development.

The new FinTech and Payments business group will be instrumental in supporting Dubai companies and providing members with key insights and analysis on trends across the FinTech ecosystem to leverage policy and regulatory change recommendations and benefit from new financial technology advancements.

Commenting on the launch of the business group, Maha AlGargawi, Executive Director of Business Advocacy at Dubai Chambers, said, “Business groups are in important component in creating a supportive, enabling and world-class business environment in Dubai. Through continued transparent discussions, the business group will be able to support essential policy changes that will facilitate and improve the ease of doing business in Dubai and cement the emirate’s position as a dynamic and global business hub

“The new FinTech and Payments Business Group is a great addition to our network of business groups, and we believe it will play a pivotal role in supporting members and the emirate’s private sector to drive FinTech growth and serve as a platform to leverage the vast opportunities in this vital sector.”