Minister of Digital Economy and Entrepreneurship Ahmad Hanandeh emphasized the urgent need for digital transformation, innovation, and creativity to keep pace with global technological advancements. Speaking at the Middle East Financial Technology Summit, Hanandeh highlighted Jordan’s significant progress in the digital economy, particularly in digital infrastructure.
The rapid growth of digital technology and advancements in smart devices, data processing, and artificial intelligence have brought about revolutionary changes in global economies. Various sectors, including finance, agriculture, industry, healthcare, and security services, are increasingly leveraging digital technologies like artificial intelligence.
The government of Jordan is committed to matching these developments and capitalizing on global best practices to transition into an exemplary digital government. Hanandeh stated that Jordan’s ICT sector is a key pillar of the country’s economy, offering digital services through smart applications and one-stop services. The National Strategy for Digital Transformation and its implementation plan provide a strategic framework for Jordan’s digital transition, focusing on collaboration with strategic partners such as the Central Bank of Jordan and Jordanian banks to establish an efficient e-payment system.
READ ALSO: Qatar Central Bank grants Paywise license to provide digital payment services
The fifth edition of the conference, organized by Moments Innovation, brings together over 400 experts and speakers from the financial technology, banking, and technology sectors. Thought leaders in technology and finance will discuss the latest global trends in the financial technology industry and the role of innovation in strengthening the reputation and profitability of financial institutions. The conference will cover topics such as the increasing demand for digital banking services, digital banks, crowdfunding, artificial intelligence, payment innovations, the emergence of open banking services, and the growth of digital payments for small and medium-sized enterprises. The event underscores the crucial role of technology in driving digital transformation.
