By Phillip Liu, General Manager of the Middle East and Africa, Alibaba Cloud Intelligence
FinTech companies are shaking up the financial services market with the way in which they operate, challenging traditional products and services that are currently on offer. With cutting-edge digitalization and the integration of smart devices becoming the norm, the FinTech industry is witnessing a period of rapid growth that has paved the way for a host of innovative e-lending and e-payment solutions. Millions of customers around the globe can now access these digital financial services in an instant. Such services are especially valuable in emerging markets, where traditional financial services companies are not growing quickly enough or providing the seamless efficiency that FinTech companies do, thanks to their impressive reach.
Bigger, better, and even more exciting: Emirates Loto returns as ‘Mahzooz’
New prize structure with AED 50 million grand prize
First draw to take place on 21st November 2020
15 November 2020, Dubai, UAE: EWINGS, managing operator of the region’s first digital draw Emirates Loto, today, announced the relaunch of its weekly live draw under the name “Mahzooz”, meaning ‘fortunate’ or ‘lucky’ in Arabic. The inaugural Mahzooz draw will take place on 21st November 2020 at 9:00PM UAE time and will be streamed live across Mahzooz digital platforms. The announcement was made during a press conference held by EWINGS at V Hotel in Business Bay, and was attended by the company’s executive management team, partners, and media.