Mastercard has expanded Mastercard Installments, its unique and innovative Buy Now, Pay Later (BNPL ... Bank (ADBC), Network International, and National Bank of Ras Al Khaimah (RAKBANK) in the ...

The UAE Central Bank has taken decisive action against Al Razouki Exchange, suspending its operations and closing two of its branches. This move follows a series of regulatory concerns surrounding the ...

DUBAI, UAE: Paymob, the leading financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after successfully ...

The UAE Central Bank followed the Fed’s decision to keep the base rate applicable to its overnight deposit facility at 4.4 per cent. The UAE follows the US monetary policy as the dirham is ...

ABU DHABI, 29th January, 2025 (WAM) -- The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

The rate, which applies to the Overnight Deposit Facility (ODF), has been lowered from 5.40 to 4.90 percent ...

BNPL gaining momentum in Saudi and UAE ADL’s report also underscores the growing regional developments, particularly in the UAE and Saudi Arabia, where the BNPL sector is gaining momentum.

UAE Rolls Over $2 Billion Loan to Pakistan, Central Bank Says (Reuters) - Pakistan's central bank said on Thursday that the United Arab Emirates has confirmed rollover of its two deposits of $1 ...

according to the Central Bank of the UAE (CBUAE). Robust financial backing is essential, as a well-funded industrial sector forms the backbone of a diversified and resilient national economy ...