Apr. EN 2020

The growth in demand for financial services technology is due to several factors, including the demographics in the region and the rise in the income of individuals. The Internet contributes to being a direct engine for the growth of demand for this technology, where the rate of Internet penetration reaches 94%, accompanied by a rise in Electronic payment services projected at 76%, while the availability of capital is a major catalyst for the growth of this industry in the present and nearing future. The report highlighted the development and dependence on electronic game in the times of home quarantine, with data indicating that the computer games market, has reached $152 billion, or 45% of the total market. The report indicated that the real estate sectormaintains itsbalanceas itexpresses the stock of investment values, despite the decline in the pace of activity due to closures and restrictions on the economic andinvestmentmovement.Theadvertising sectors would witness an increase recording growth, while the majority of the productive sectors would pay towards operations acquiring new market values​ within its high production capabilities. 4 Mazaya Monthly Real Estate Report - Week 2 - April 2020 The report pointed out that the revenues of the electronic games market at the global level exceeded $100 billion in the year 2019, with an increase of no less than 10% compared to the level achieved during the year 2018. Entering the fifth generation technology will serve the current demand for entertainment products, and will double the market value, especially as more than 2 billion people around the world are interacting directly and indirectly using technology gaming products. The report added that the vital economic sectors are still witnessing fluctuations, as the sectors are divided into areas under direct pressure and those recording sharp losses, while others are looking for opportunities to expand and pump more investments. This in an attempt to come up with plans and strategies to achieve unparalleled qualitative leaps that will be of great help in the future,