EP 109: DEMYSTIFYING FINTECH IN THE MIDDLE EAST AND AFRICA WITH SAID MURAD OF GLOBAL VENTURES
In this episode, Saeed Murad, Senior Partner at Global Ventures, joins Dave and Dharm to demystify the dynamic fintech ecosystem in the Middle East and Africa. With a current population of over 1.5 billion, expected to grow to 3-4 billion, and a significant youth demographic, the region is ripe for innovation and expansion. Saeed discusses how the UAE and Saudi Arabia are rapidly becoming global fintech hubs through strategic investments, innovative policies, and strong infrastructure development. This proactive approach is creating a competitive yet collaborative environment, driving growth in sectors like fintech, digital health, and AI. He also sheds light on Africa's burgeoning tech scene, where countries like Egypt and Nigeria are leading the way in adopting mobile technology, digital payments, and fintech solutions. With a young, eager population, Africa is quickly becoming a major player in the global tech landscape. Drawing from his extensive experience, including roles at Jamalon and Groupon UAE, Saeed offers insights into Dubai's progressive growth strategy, the rise of fintech unicorns like Tabby, and the evolving regulatory landscape. This episode provides a comprehensive look at the opportunities and challenges in expanding into new markets and attracting top talent, highlighting the region's potential for continued evolution in the fintech sector. Whether you're a tech enthusiast, entrepreneur, or investor, this discussion is filled with valuable insights into the future of fintech in the Middle East and Africa.