I’ve recently had a couple of interesting visits to the Middle East and Africa, namely Riyadh and Cairo. Both are keen to highlight progress in fintech, which is interesting as they are two cities that have been on my radar but a little behind others like Dubai and Lagos. So, I was interested in what would transpire and it did not surprise that both are developing fast.
Saudi Arabia has been particularly active. Since his eminence Salman bin Abdulaziz Al Saud became King in 2015, there has been rapid change in the Kingdom. Women are allowed to drive, people can go to cinemas, and a massive new city is being built on the North coast called Neom….
