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  • 🤑$100M Gains: Sarwa’s CEO on Building Wealth That Lasts 💵💰

🤑$100M Gains: Sarwa’s CEO on Building Wealth That Lasts 💵💰

Sunday, December 22, 2024

🌟 Happy Sunday!

Good morning and happy weekend to all Smashi Business readers! 🌞

Start your day with some of the biggest updates shaping the business world today:

  • UAE's fintech dominance continues to set trends.

  • Sarwa celebrates $100M gains for investors.

  • e& marks 15 years with Manchester City, reflecting shared success.

Let’s dive into the details!

But before that: You can join our Whatsapp channel too to receive updates from the business world.

🏦 UAE’s Fintech Boom: A $488 Billion Future

📰 What is it about?

  • The UAE’s fintech ecosystem has grown by 128.5% since 2011, hosting 329 active companies. With initiatives like the Digital Dirham and Open Finance regulations, the UAE is revolutionizing financial services.

💡 Why it matters?

  • Fintech accounts for 32% of venture capital funding in the UAE, positioning the nation as a regional leader in innovation, connectivity, and financial inclusion.

🔜 What’s next?

  • Projected e-commerce market growth to $488 billion by 2028, alongside surging digital banking and alternative lending opportunities.

Markets

EGX 30

30,526.71

+0.08%

DFMSI

2,983.89

+14.979%

ADX

9,266.51

+0.843%

Tadawul

11,892.44

-0.57%

💰 $100M Gains: Sarwa Empowers Everyday Investors

📰 What is it about?

  • Sarwa, the UAE-based investment platform, announced its customers have earned over $100 million in gains—a major milestone.

💡 Why it matters?

  • Sarwa’s approach, focused on investor-first tools, is redefining wealth building for the region, making smart investing accessible to all.

🔜 What’s next?

  • As Sarwa continues to expand its offerings, it remains committed to empowering users to secure their financial futures.

💭Quote of the day
“It ain't as bad as you think. It will look better in the morning.” —Colin Powell 🌄 

e& and Manchester City: Celebrating 15 Years of Collaboration

📰 What is it about?

  • e& CEO Hatem Dowidar commemorates 15 years of partnership with Manchester City, reflecting on shared values and mutual success.

💡 Why it matters?

  • This milestone reinforces e&'s commitment to fostering teamwork, innovation, and community-building both on and off the pitch.

🔜 What’s next?

  • e& continues its drive to connect fans and inspire future players while building on its strong partnership with the Premier League champions.

🔍In other news…

  1. Say hello to competitive e-hailing rates and the luxury of London-style black cabs in Dubai, all thanks to Bolt's partnership with Dubai Taxi Company!

  2. e& CEO Hatem Dowidar celebrates the journey with Manchester City, inspiring fans and players to ‘Go for More.’

The Latest from the Smashi Business Studio

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