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UAE Dubai National Bank and Dubai Future Foundation's City District Partnership have signed a strategic partnership aimed at enhancing innovation in financial technology and artificial intelligence in Dubai. The partnership focuses on improving customer experience, increasing efficiency, and better risk management through the adoption of innovative solutions tailored for financial institutions, all to achieve comprehensive digital transformation. The fintech market value in the UAE is expected to double from 11.61 billion AED in 2024 to 20.97 billion AED by 2029, further solidifying Dubai's position as a leading hub for financial innovation.
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