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New regulations for short-term credit amid rising demand for BNPL
The framework lays out regulations for companies looking to extend short-term credit in the UAE
Consumer spending set to grow 5% y-o-y next year, MasterCard says
Tourist spending in the Gulf is projected to be almost one quarter higher than in 2019
More GCC integration: CBUAE X Gulf Payments
CBUAE and Barclays Bank will now be using the payment linking system
Moody’s issues negative outlook for global banks
Moody’s blames slower growth and risk of borrowers defaulting for its outlook
UAE, Indonesia enable cross-border payments +
BANKING- Cross-border QR payments with Indonesia will soon be possible: The Central Bank of the UAE (CBUAE) and Indonesia’s central…
JPMorgan to expand its banking operations in Abu Dhabi
The Financial Services Regulatory Authority granted the multinational financial services firm in-principle approval to upgrade its license to category one
Yalla Group earnings jump in 3Q 2023
Yalla Group’s bottom line surged 44.3% to reach USD 35.2 mn in 3Q
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