Shaping The Future of Fintech

United Arab Emirates

MENA: Internet Penetration Rate vs Smartphone Penetration Rate 
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MENA: Internet Penetration Rate vs Smartphone Penetration Rate

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Top 20 countries by outward remittances (billions usd)

Top 20 countries by outward remittances (billions usd)

Data shows that Oman and the UAE boast smartphone penetration rates above 90% (among populations 21 years and older), and Jordan, Saudi Arabia, Kuwait and Israel have smartphone penetration rates above 80%. Smartphone penetration is especially critical, as more and more fintech applications spanning digital payments to insurtech are browsed and purchased on mobile devices around the world.

MENA: Internet Penetration Rate vs Smartphone Penetration Rate

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