The country has invested in youth training and programs for startups. Executives encourage greater participation by women, especially in remote jobs that grew after the pandemic.
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Among Saudis aged 16 to 22, only 18% use cash, according to a survey by Fintech Saudi. The usage is much higher among the older population, but the government targets the growth of digital payments.
Financial startups have grown by 50% per year in the last five years. International investors are interested in startups relevant to their home countries. The theme was discussed in the Annual Investment Meeting in Dubai.
