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Young Arabs Are Embracing The Fintech Revolution
Working hard and aiming for high-paying jobs no longer leads to financial security, let alone the ability to retire early.
Between government-sponsored pensions and cultural norms, older generations of Arabs living in the MENA region were never too concerned with how to invest and save money.
For them, simply working hard was enough to enjoy the financial stability necessary to focus on creating families and living well-rounded, fulfilling lives. Young Arabs on the other hand, appear to be living in a completely different world. One that is in many ways far more difficult than the world their parents grew up in.
Working hard and aiming for high-paying jobs no longer leads to financial security, let alone the ability to retire early.
“It’s not just about retiring; it’s about living better, having dreams, having time to breathe and reflect,” said Mayar Akrameh, 29-year-old management consultant, in an interview for AFP. “We’re taught that if you’re working and making enough money, even if you hate your job, you’re good. Or they think we’re good”.
To improve their financial outlook, increasingly many young Arabs are turning to various UAE-based finance platforms that educate users and simplify investing, making the daunting process more accessible.
The pandemic has accelerated the growth of the fintech industry in the MENA region even more. It’s estimated that 465 fintech firms in the UAE alone will generate about $2 billion in investment capital by 2022, up from $80 million raised in 2017.
Also Read: Dubai Establishes $272 Million Future District Fund To Attract Tech Companies
These new financial players fill the massive gap in the region’s investment landscape, which still focuses largely on high-net-worth individuals. “If someone wanted to invest $1,000 or $10,000, there was not much available” said Haitham Juma, an investment solutions manager at the UAE-based National Bank of Fujairah.
Hopefully, the blossoming fintech industry will give young Arabs the options they need to secure the stable and prosperous financial future they dream of.
News
Alienware Just Announced Six New Gaming Monitors
The new models include three QD-OLED and three budget-friendly QHD options, expanding the company’s lineup for all gamers.
Alienware has just updated its gaming monitor lineup with six new additions, including the highly anticipated Alienware 27 4K QD-OLED Monitor. The latest wave of releases is set to reach more gamers than ever, offering high-end QD-OLED displays alongside more budget-friendly options.
The latest displays clearly show that the company is doubling down on QD-OLED with three new models sporting the technology. A redesigned Alienware 34 Ultra-Wide QD-OLED Monitor is also making a return, further refining what is already a fan-favorite display.
A Unified Design: The AW30 Aesthetic
All six monitors feature Alienware’s new AW30 design language, first introduced at CES. The AW30 aesthetic brings a futuristic, minimalist look that unites the entire lineup under a cohesive visual identity.
Pushing QD-OLED Even Further
The refreshed Alienware 34 Ultra-Wide QD-OLED Monitor (AW3425DW) builds on its predecessor’s success with a 240Hz refresh rate (up from 175Hz) and HDMI 2.1 FRL support. It also gains G-SYNC Compatible certification alongside AMD FreeSync Premium Pro and VESA AdaptiveSync, ensuring ultra-smooth performance. With a WQHD (3440×1440) resolution and an 1800R curve, this display enhances immersion for both gaming and cinematic experiences.
For those who crave speed, the Alienware 27 280Hz QD-OLED Monitor (AW2725D) pairs a high refresh rate with QHD resolution, balancing sharp visuals with ultra-smooth gameplay. Meanwhile, the Alienware 27 4K QD-OLED Monitor (AW2725Q) delivers stunning clarity with an industry-leading pixel density of 166 PPI, making it the sharpest OLED or QD-OLED monitor available.
Also Read: Infinite Reality Acquires Napster In $207 Million Deal
Worried about OLED burn-in? Alienware’s entire QD-OLED lineup comes with a three-year limited warranty covering burn-in concerns, offering peace of mind for gamers investing in these high-end displays.
Bringing QHD To A Wider Audience
Alongside QD-OLED, Alienware is also releasing three new QHD gaming monitors aimed at more price-conscious gamers. The Alienware 34 Gaming Monitor (AW3425DWM), Alienware 32 Gaming Monitor (AW3225DM), and Alienware 27 Gaming Monitor (AW2725DM) provide a range of sizes and formats to suit different preferences:
- The Alienware 34 Gaming Monitor (AW3425DWM): An ultrawide (WQHD) option for a panoramic, immersive experience.
- The Alienware 32 Gaming Monitor (AW3225DM): A standard 16:9 panel for a traditional but expansive desktop setup.
- The Alienware 27 Gaming Monitor (AW2725DM): A 27” display offering the same performance in a more compact form factor.
All three gaming monitors feature a fast 180 Hz refresh rate, a 1ms gray-to-gray response time, and support for NVIDIA G-SYNC, AMD FreeSync, and VESA AdaptiveSync to eliminate screen tearing. Additionally, with 95% DCI-P3 color coverage and VESA DisplayHDR400 certification, these displays deliver vibrant colors and high dynamic range for lifelike visuals.
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