
What's behind the Middle East's boom in digital payments?
The Middle East is the fastest-growing real-time payments market globally because its population is young and tech-savvy, and governments are on board.
The Bahrain Economic Development Board (EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate. The EDB works with the government and both current and prospective investors to ensure that Bahrain’s investment climate is attractive, communicate the key strengths and identify where opportunities exist for further economic growth through investment. The EDB focuses on economic sectors that capitalize on Bahrain’s competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, information and communications technology (ICT), tourism, logistics and transport.
The Middle East is the fastest-growing real-time payments market globally because its population is young and tech-savvy, and governments are on board.
Banks across the Middle East are gearing up for widespread AI adoption. Here's what they're doing — and why it's no surprise the GCC is leading the charge.