What does FT stand for?

Revolution "offers a unique card that seems to blend the idea of traditional credit and debit cards with Internet-based payments along the lines of PayPal and Google's service," said Jim Kim of the financial technology website FierceFinanceIT.

This is reinforced by the 25 per cent contribution of its financial services sector to the country's gross domestic product (GDP) - and, in one of the world's fastest growing markets, there is plenty of room for further expansion and investment, Industry and Commerce Minister Dr Hassan Fakhro said during the fifth edition of the annual banking and financial technology event MEFTEC 2009.

This is reinforced by the 25 per cent contribution of its financial services sector to the country's gross domestic product (GDP) - and, in one of the world's fastest growing markets, there is plenty of room for further expansion and investment, Industry and Commerce minister Dr Hassan Fakhro said during the fifth edition of the annual banking and financial technology event Meftec 2009.

Byline: shabnam205 Dubai will host the first Middle East International Banking, Financial Technology and Services Exhibition and Conference (MEFX) that is expected to offer a platform for product and knowledge exchange.

MANAMA: The value of the Middle East, Africa and South Asia region's financial technology market was estimated at $6 billion last year with expectations of an annual growth of 15 per cent.

pic solutions showcases credit risk solutions at meftec 2008 PIC Solutions will be showcasing leading-edge credit risk solutions at the Middle East Financial Technology Exhibition and Conference (MEFTEC), on 11-12 February.

focused on the global asset management and financial technology industries.

We expect the banking sector and financial services in the region to invest about $1 trillion on outsourced business solutions to enhance their efficiencies during the next ten years," said Hesham Amiri, Director of Sales, Dubai Outsource Zone speaking ahead of MEFX, the first Middle East International Banking, Financial Technology and Services Exhibition and Conference.