The Banking Executive Magazine - July Issue 2021

Digital Payments ISSUE 151 JULY 2021 the BANKING EXECUTIVE 33 Arab Advisors Group released two new reports: “Digital Payments in Egypt” and “Digital Payments in Saudi Arabia” which analyze the countries’ regulatory frameworks governing digital payments and the services offered by digital payment key players in Egypt and Saudi Ara- bia (including communication serv- ice providers). Furthermore, Arab Advisors Group looked at recent key events and significant digital pay- ment indicators in both countries which measure market size growth. THE REPORTS ANSWER THE FOLLOWING QUESTIONS: • What are the digital payments available in Egypt and Saudi Ara- bia, who are the key players, and what are their offerings? • What are the regulatory frame- works governing digital payments in Egypt and Saudi Arabia? • How are telecom operators in- volved in digital payments? • What are the recent key events in this sector? • How did Egypt and Saudi Arabia’s digital payment markets grow dur- ing the past years? “Arab Advisors Group is thrilled to announce the release of its new re- ports which provide a crucial assess- ment of Egypt and Saudi Arabia’s digital payment markets.” com- mented Hiba Rabadi, Arab Advisors Group’s Deputy General Manager. “New technology and increased dig- itization have given rise to growth in digital payments, the leading seg- ment of financial technology.” Dana Shekem, Arab Advisors Group’s ana- lyst noted. “This has been acceler- ated out of the need presented by the COVID-19 pandemic. There have been many developments and break- throughs in the digital payment sec- tor in the analyzed markets, Egypt and Saudi Arabia.” You can contact Arab Advisors Group (www.arabaxdvisors.com) for more details or to get a copy of the reports’ Table of Contents. The reports were released to Arab Advisors Group’s subscribers and can be purchased for a fee of US$ 4,000 each. The purchase of these reports will count towards an annual Strategic Research Service subscription. Arab Advisors Group’s team of analysts in the region produced over 5,500 reports on the Arab World’s communications, media and financial markets. The reports can be purchased individually or re- ceived through an annual subscrip- tion to Arab Advisors Group’s (www.arabadvisors.com) Strategic Research Services (Media and Tele- com). To date, Arab Advisors Group serves over 945 global and regional compa- nies by providing reliable research analysis and forecasts of Arab com- munications markets to these clients. Digital Payments in Egypt and Saudi Arabia ARE ON THE RISE, ACCELERATED BY COVID PANDEMIC