Skip to main content

Jordan eyes FinTech hub status under Crown Prince’s leadership

1 min Antoine Khoury

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

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.

Tags

Antoine Khoury

Antoine Khoury

Antoine Khoury is based in Beirut and has been reporting for Mena Today for the past year. He covers news from Lebanon, Syria, Jordan, and Turkey, and is widely regarded as one of the region’s leading experts

Related

Jordan

King Abdullah meets Abbas

Jordan's King Abdullah II met Tuesday with Palestinian President Mahmoud Abbas to discuss the situation in the Palestinian territories, with Crown Prince Al Hussein bin Abdullah II also in attendance.

Turkey

Turkey bans under-15s from social media

The Turkish parliament has passed a landmark law restricting minors' access to social platforms, joining a growing global movement to protect children online.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.