Hussein bin Abdullah, the Crown Prince of the Kingdom of Jordan, on Monday chaired a meeting at Al Husseiniya Palace to discuss ways to advance Jordan’s financial technology (FinTech) sector, as the country seeks to position itself as a regional innovation hub.
Crown Prince Al Hussein © The Royal Hashemite Court
Hussein bin Abdullah, the Crown Prince of the Kingdom of Jordan, on Monday chaired a meeting at Al Husseiniya Palace to discuss ways to advance Jordan’s financial technology (FinTech) sector, as the country seeks to position itself as a regional innovation hub.
The meeting brought together government officials and private-sector representatives to review strategies aimed at strengthening regulation, expanding digital infrastructure and improving access to startup financing. Discussions also focused on cybersecurity standards and closer cooperation between banks and emerging tech companies.
Amman has openly acknowledged that it trails regional leaders such as the United Arab Emirates and Israel in FinTech development. Both countries benefit from advanced digital ecosystems, supportive regulatory frameworks and strong investor networks.
Jordan, however, is looking to leverage its well-educated workforce and dynamic tech community to close the gap. The country produces a significant number of engineering and IT graduates each year, and its startup ecosystem has gained increasing regional visibility.
Officials say the long-term ambition is to turn Jordan into a competitive FinTech hub in the coming years, as part of broader efforts to diversify the economy, attract foreign investment and create high-value jobs in the digital sector.
A former Israeli prime minister acknowledged on Tuesday that Israel had smuggled Starlink internet receivers into Iran to help anti-government protesters, though he said Prime Minister Benjamin Netanyahu's government failed to follow through on the plans.
The United Arab Emirates on Thursday approved a resolution setting the minimum age for social media use at 15, the government's media office said, making it the first Arab country to introduce such a measure.
Iran's Revolutionary Guards said they had carried out missile and drone attacks on U.S. military bases in Jordan, Kuwait and Bahrain on Wednesday in retaliation for American strikes on Iranian targets around the Strait of Hormuz.
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