Young Arabs swipe to fintech as saving, investing takes off

Akrameh, who did not know how to invest and save money when she started generating income, now uses an app to track her spending. — Photo by Jonas Leupe on Unsplash

DUBAI: Being raised in the Middle East with a lack of savings and investment culture, many young Arabs are turning to online banking services to help track their spending and budget.

When Mayar Akrameh was growing up in Lebanon, financial advice was simple: work long, work hard and aim for a high-paying job.