Adrian JohnsonTLDR:
Mohammed Alblooshi, CEO of DIFC Innovation Hub, spoke at a private event ahead of the Dubai FinTech Summit to discuss the vision for Dubai’s fintech ecosystem. Alblooshi emphasized the importance of collective efforts from players in the banking community, fintech companies, regulators, and the tech industry to shape the future of finance in Dubai. The event aimed to gather diverse perspectives and brainstorm ideas for the summit’s agenda. Alblooshi also discussed the expansion plans for the fintech innovation centre, which will include an AI and web three campus. The goal is to create an entire ecosystem for AI in Dubai.
Mohammed Alblooshi, CEO of the DIFC Innovation Hub, spoke at a private dialogue ahead of the Dubai FinTech Summit to share his vision for Dubai’s fintech ecosystem. Alblooshi emphasized the need for collective efforts from various stakeholders in the banking, fintech, regulatory, and tech communities to shape the future of finance in Dubai. He highlighted the importance of listening to industry players before finalizing the summit’s agenda and discussed the expansion plans for the fintech innovation hub.
Alblooshi explained that the dialogue event aimed to gather diverse perspectives and brainstorm ideas to develop actionable insights for the summit. He wanted to ensure that the fintech community in Dubai had a say in shaping the future of finance for the city. Alblooshi believes that defining fintech is challenging because it encompasses various industries that provide financial services. He emphasized the need for a broad perspective when considering what falls under the fintech umbrella.
Regarding the expansion plans for the fintech innovation centre, Alblooshi revealed that the new building will be completed soon, making the hub the largest in the region. The centre aims to support more than 500 companies and focus on venture building, AI, and sustainability. Alblooshi expressed his ambition to build an entire ecosystem for AI in Dubai and become a global hub for discussions and initiatives in the field.
The article concludes with Alblooshi’s excitement about the upcoming Dubai FinTech Summit. He wants to ensure that the event surpasses the success of the previous year and delivers its intended impact. Alblooshi believes that the fast-paced nature of the industry requires continuous innovation, adaptability, and a focus on emerging technologies such as AI and web three.
