UAE petrol prices, Eid holiday dates, tax rules and more top news stories this week
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Latest in BNPL
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UAE malls in ‘non-prime’ areas could face pressure from Chinese goods diversion amid U.S. tariffs
UAE retailers are preparing for significant changes in 2025 as global trade tensions and evolving payment preferences reshape the regional shopping landscape
BNPL
Checkout.com, Tabby in partnership to boost BNPL adoption for merchants in UAE, Saudi Arabia
As part of the agreement, Checkout.com has already integrated Tabby’s innovative Buy Now, Pay Later (BNPL) solutions into its platform
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Saudi Arabia licenses Tamara Finance to provide buy-now-pay-later services
Saudi Arabia has licensed 65 companies to provide financial services
BNPL
Tamara, Mastercard launch virtual payment card in bid to grow UAE’s BNPL market
The partnership will enable Tamara to grow its product suite through added value services provided by Mastercard
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Saudi BNPL market to hit $53bn by 2030 as Tabby readies for IPO
Tabby, the leading player in the BNPL market in Saudi Arabia and the region, raised $160 million last week at an estimated $3.3 billion valuation, apparently in a final funding round ahead of an IPO
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Tabby hits $3.3 billion valuation as it eyes IPO within 18 months after $160M raise
Buy now, pay later provider prepares for listing as transaction volumes hit $10 billion annually
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Tabby says no ‘new minimum’ as some online UAE stores set AED300 order threshold
New threshold targets larger transactions over smaller purchases
BNPL
Debt in disguise: Experts issue Buy Now Pay Later warning as ‘clever marketing’ risks overspending
Buy Now Pay Later (BNPL) plans have been gaining popularity with several service providers offering ease of multiple payment purchases, however, experts urge users to stay vigilant of potential debt traps
BNPL
Saudi fintech JeelPay raises $6.6mn in Pre-Series A funding
Joa Capital, AlJazira Capital, and other angel investors participated in the startup’s latest funding round
Abu Dhabi
Dubai speed limit change; UAE petrol prices; Housing bubble risk; Coldplay in Abu Dhabi; Real estate financing – 10 things you missed this week
Dubai real estate analysis, RTA announce new speed limits, Coldplay launch Abu Dhabi shows and more of the top news stories this week
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‘Every landlord’s dream’: Dubai real estate firm launches rent-now-pay-later financing allowing tenants to pay in 12 instalments
Keyper introduces rent-now-pay-later Dubai real estate service to spread cost of renting property in the UAE
BNPL
UAE and Saudi embrace digital payments as online shopping and buy-now-pay-later thrive
UAE and Saudi shoppers adopt digital payments as BNPL and online retail replace cash purchases
BNPL
Tabby teams up with Majid Al Futtaim to spread buy-now-pay-later across the GCC
Tabby and Majid Al Futtaim expand partnership to expand buy-now-pay-later services
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MENA shoppers using buy-now-pay-later for essential purchases says Tabby
Tabby research shows customers turning to buy-now-pay-later for essential as well as discretionary spending
BNPL
Saudi Arabia issues rules for ‘buy-now-pay-later’ firms
Saudi Central Bank issues rules for ‘buy-now-pay-later’ operators in the Kingdom
BNPL
Dubai’s Majid Al Futtaim, Tabby announces plan to offer buy now, pay later
The first of its kind partnership will offer flexible payment options to customers in-store and online