Mohammad Alblooshi, executive director of the Innovation Center affiliated to the Dubai International Financial Center (DIFC), says that the center hosts more than 900 specialized financial technology companies.
According to Amac News: Mohammad Alblooshi said on the sidelines of Dubai Fintech Summit that this center is working to strengthen and attract active companies. On the financial technology sector, he announced the increase in investment and innovation to the growth of the international financial center of Dubai.
Alblooshi also emphasized the central role of advanced technologies in the growth of the financial sector and noted that the sessions show how these technologies act as pillars for the expansion and innovation of the sector.
The CEO of the financial center pointed out the pivotal role of venture capital in boosting innovation in the financial technology sector.