UAE Banks Defer AED13.5bn in Loans Under Central Bank’s Resilience Package
The deferral total has more than doubled since May, with large corporates receiving two-thirds of the value despite making up under 1% of beneficiaries by headcount.
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The Retail Payment Services Category II approval, once final, would give the multi-country Yalla Super App a UAE-licensed basis for cross-border payment flows it currently routes through partner institutions.
29 JUL 2026
The Dubai spend management platform would gain the ability to hold and manage customer business funds directly, rather than solely through a partner bank, once the licence is finalised.
29 JUL 2026
Buy now, pay later activity will count towards a UAE credit file for the first time from July 2026, closing a gap that has widened alongside the country's $5 billion BNPL market.
28 JUL 2026
The Central Bank of the UAE's SVF licence sets rules for e-wallets and prepaid schemes. See who needs it and how to apply.
27 JUL 2026
Abu Dhabi's financial free zone has cleared XAU₮ for regulated trading and custody, giving Tether's gold token a Gulf foothold its main US rival still lacks.
27 JUL 2026
The Dubai-based fintech, founded by former Revolut and Tamara staff, is live in the UAE while both larger rivals are still sitting on regulatory approvals they haven't yet turned into a retail launch.
24 JUL 2026
ADIB is the first external bank to deploy Visa's newly launched fraud and cyber intelligence platform, built on the same defences Visa uses to protect its own global network.
23 JUL 2026
Mastercard launched the first Jaywan co-badged credit card a day after the UAE scheme's national debut. Read what it means for issuers.
22 JUL 2026
Core42 now powers both the Central Bank of the UAE's sovereign cloud mandate for licensed institutions and a new open-market platform with e& UAE, raising fresh governance questions for banks.
22 JUL 2026
A five-year, multimillion-dollar deal makes Visa the sole card network behind Sav's UAE and Saudi Arabia business, with credit cards still pending regulatory approval.
20 JUL 2026
VARA approval lets Revolut offer broker-dealer and exchange services in Dubai, completing its UAE licence stack for a late-2026 launch.
17 JUL 2026
The Dubai buy now, pay later group has launched a zero-fee money account under a new central bank licence, its first step into everyday banking.
14 JUL 2026