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Fintech (UAE chapter), International Comparative Legal Guides (ICLG)


By Zaid Mahomed and Alex Vromans

In addition to the UAE, which we have contributed for the second year, this guide covers a broad range of common issues in fintech laws and regulations in 41 jurisdictions. Areas covered in the guide include the fintech landscape, funding for fintech, fintech regulation, other regulatory regimes / non-financial regulation, accessing talent, and technology.


The UAE, and particularly Dubai, is one of the top ten fintech hubs in the world making it an ideal place for fintech companies, particularly start-ups. In August 2022, Wamda reported that start-ups in the Middle East and North Africa raised USD 2.2 billion in funding, over the eight-month period from January to August 2022, a 29 per cent increase from the USD 1.7 billion raised during the same period in 2021.

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