Kokila Alagh from Karm Legal Consultants points out fintech startup ecosystem in Dubai is thriving

Kokila Alagh, Founder, Karm Legal Consultants advises startups using digital technologies and blockchain on business models and possible legal obstacles in the future. She points out that Dubai is proactively building a fintech startup ecosystem that is growing and is now well established.

This year’s GITEX GLOBAL x Ai included 4,000 exhibitors, 35% of whom came to the region for the first time, from over 140 participating countries with 200 government ministries in attendance. A comprehensive range of digital leaders participated in regional events for the first time exclusively through GITEX GLOBAL x Ai Everything. These included, the AIoT firm redefining smart cities; Stripe, the world’s top Fintech unicorn; Zoom, the video conferencing platform that enabled remote work during the pandemic; Snowflake, the pioneering unicorn who reinvented cloud data solutions; and TeamViewer, whose software is installed on more than two billion devices. GITEX GLOBAL x Ai Everything was a major technology event with every leading technology player, including Amazon Web Services, Microsoft, Huawei, Dell Technologies, Ericsson, Intel, Avaya, Honeywell, HPE, Red Hat, Etisalat, du, Lenovo and Cisco, covering sectors including smart cities, cybersecurity, the data economy, mobility, healthcare, and telecoms amongst others.