The Dubai Fintech Summit hosted a meeting between Ripple representatives and UAE officials to discuss the development of digital payment systems.
Discussion on Digital Payment Infrastructure
Ripple President Monica Long met with UAE officials to discuss the digital payment system infrastructure and accelerating financial innovation within the region. The event connected over 9000 attendees, including CEOs and investors from over 120 countries.
Role of Sheikh Ahmed bin Saeed
The event’s key pillar was His Highness Sheikh Ahmed bin Saeed Al Maktoum, who met with fintech leaders to discuss potential collaboration opportunities and ways to speed up innovation in the financial ecosystem.
Discussion of the D33 Agenda
The meeting also addressed the Dubai Economic Agenda D33, aimed at positioning Dubai among the top four global financial centers. Participants reviewed key strategies of leading banks and new plans for addressing critical issues in the financial sector.
The meeting at the Dubai Fintech Summit confirmed Ripple's intention to continue expanding its presence in the UAE and contribute to financial innovations and digital transformation in the region.