While many existing efforts are underway across MEASA, these are often heavily fragmented and make a large-scale advancement challenging. Given the size of the untapped market, and the urgent need for reforms, we call for the establishment of a regional innovation hub dedicated to the development and distribution of scalable digital financial solutions. Dubai is ideally positioned to serve as the beating heart of such a hub given its geo-strategic location as international lay over destination for global business partners; and strong existing recognition as a global and regional financial centre as well as the government’s commitment to financial introduction.
