{"id":94553,"date":"2024-08-06T00:00:00","date_gmt":"2024-08-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/a-fintech-revolution-in-abu-dhabi-the-impact-of-boycotts-on-earnings\/"},"modified":"2024-08-06T00:00:00","modified_gmt":"2024-08-06T00:00:00","slug":"a-fintech-revolution-in-abu-dhabi-the-impact-of-boycotts-on-earnings","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/08\/06\/a-fintech-revolution-in-abu-dhabi-the-impact-of-boycotts-on-earnings\/","title":{"rendered":"A fintech revolution in Abu Dhabi? + The impact of boycotts on earnings"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the rising role of fintech in Abu Dhabi + boycotts: <\/strong><a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/08\/05\/world\/video\/abu-dhabi-fintech-mme-spc-intl\" style=\"\" rel=\"noopener\">CNN (watch, runtime, 5:33)<\/a> spotlights the role Abu Dhabi\u2019s fintech sector plays in its goal to diversify the economy, with startup ecosystem Hub71 being at the heart of this push. Meanwhile, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/a2ee3452-ed34-45a1-8515-a88841c9ed31#:~:text=Americana%20Restaurants%2C%20which%20is%20owned%20by%20the%20Saudi%20sovereign%20wealth%20fund%20and%20Dubai%2Dbased%20investor%20Mohamed%20Alabbar%2C%20on%20Tuesday%20said%20its%20second%2Dquarter%20profits%20were%20down%2040%20per%20cent%20compared%20with%20the%20same%20period%20last%20year%2C%20despite%20opening%2081%20restaurants%20in%20the%20first%20half%20of%20this%20year.\" style=\"\" rel=\"noopener\">Financial Times<\/a> is looking at the impact of \u201cunprecedented\u201d boycotts by consumers in Muslim-majority countries amid Israel\u2019s war in Gaza on companies operating in the region, including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/91f1abba-d020-41ec-802f-021644d17932\/more-2q-earnings#:~:text=Americana%20Restaurants%20saw,to%20boost%20revenues.\" style=\"\" rel=\"noopener\">Americana<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Americana Restaurants is feeling the sting of boycotts<\/p>\n","protected":false},"author":1,"featured_media":94554,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[1360,890,7,79,741,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-abu-dhabi","tag-americana","tag-enterpriseam-uae","tag-fintech","tag-hub71","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"8082dcbe-d71b-48a5-9bf5-df68f6c9fe3b","order":"13","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/433.jpg","photo_position":"above","homepage_title":"","full_issue_title":"A fintech revolution in Abu Dhabi? + The impact of boycotts on earnings","related_issue":[94529],"teaser":"Americana Restaurants is feeling the sting of boycotts","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/8\/.cef79604-165b-4b75-93f7-5648666baba3.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A fintech revolution in Abu Dhabi? + The impact of boycotts on earnings - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/08\/06\/a-fintech-revolution-in-abu-dhabi-the-impact-of-boycotts-on-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A fintech revolution in Abu Dhabi? + The impact of boycotts on earnings\" \/>\n<meta property=\"og:description\" content=\"Americana Restaurants is feeling the sting of boycotts\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/08\/06\/a-fintech-revolution-in-abu-dhabi-the-impact-of-boycotts-on-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-06T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/433.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/08\/06\/a-fintech-revolution-in-abu-dhabi-the-impact-of-boycotts-on-earnings\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/08\/06\/a-fintech-revolution-in-abu-dhabi-the-impact-of-boycotts-on-earnings\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A fintech revolution in Abu Dhabi? 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