Today, cloud infrastructure is firmly establishing itself as an essential foundation for innovation and modernization in the Middle East and North Africa (MENA) region, transforming its digital landscape. According to the EMEA Cloud Business Survey 2023, 68% of Middle Eastern companies plan to migrate most of their operations to the cloud within 2024-2025. Fintech companies have been at the forefront of this transition. McKinsey estimates that fintech revenues in the MENAP region could almost triple, rising from $1.5B billion in 2022 to $3.5 billion-$4.5 billion by 2025, reflecting the sector’s pivotal role in the region’s…
