The Financial Technology Revolution: Opportunities and Challenges in MENA Countries

Wijdan Daham Aftan

Abstract: The countries in the region have all the components they need to move into the digital future. Its well-educated youth have adopted new digital and portable technologies, but this is still in its infancy, and the region's youth face obstacles to putting technology for productive use. The challenge for the region is to create the conditions for these signs to flourish. The key is that MENA countries become “learning communities”, which could lead to an active digital economy. A strong push must be made to seize the opportunities offered by the region's digital economy. Policymakers will need to work on multiple fronts, taking advantage of all available tools. The earlier this began, the greater the chance of today’s youth to overcome economic exclusion, and have more opportunities to realize their full potential and that of their region. This article outlines the principles of the new digital economy for the MENA region that embraces innovation and entrepreneurship.

Keywords: new digital economy, economic exclusion, MENA countries.

Title: The Financial Technology Revolution: Opportunities and Challenges in MENA Countries

Author: Wijdan Daham Aftan

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Research Publish Journals

Vol. 7, Issue 2, October 2019 – March 2020

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The Financial Technology Revolution: Opportunities and Challenges in MENA Countries by Wijdan Daham Aftan