CBD Advances Open Finance in the UAE with Payments from Other Bank Accounts
Commercial Bank of Dubai is advancing Open Finance in the UAE, enabling customers to initiate payments from other bank accounts through the CBD mobile app.
Commercial Bank of Dubai is advancing Open Finance in the UAE, enabling customers to initiate payments from other bank accounts through the CBD mobile app.
Jaywan, the UAE’s domestic card scheme, represents a major development in the country’s payment infrastructure. This article explores how the initiative supports digital payments, financial innovation, businesses and the UAE’s wider digital economy growth.
The 2026 Allianz Trade Global Survey shows that despite ongoing conflict in the Middle East, global exporters remain resilient, with 75% still expecting positive export growth. However, geopolitical tensions are reshaping risk perceptions, increasing non-payment risks, and extending payment cycles. While companies continue to pursue diversification, reshoring, and supply-chain adaptation, confidence levels vary significantly across markets, with the UAE experiencing a sharp shift from high optimism to increased financial and operational uncertainty.
SelfDrive Mobility launches its Rent-to-Own car program in the UAE, offering zero-interest, no-credit-check car ownership directly from dealerships with flexible monthly payments and all-inclusive pricing.
Thrifty Car Rental UAE introduces a Lease-to-Own (LTO) program that offers a no down payment, no interest, and no hidden fees solution for first-time buyers and new residents. With fixed monthly payments, free services, and flexible terms, this program provides a simpler, more affordable path to car ownership in the UAE.
In the fast-paced world of MSMEs, financial visibility is not a luxury—it’s a lifeline. This article by Ratish Pandey highlights the critical financial metrics every entrepreneur must track to make smarter decisions, avoid common pitfalls, and drive sustainable growth. From cash flow and profitability to debt management and ROI, the right metrics can transform instinct-driven leadership into data-backed success.
EZDubai’s latest report reveals that the UAE’s e-commerce market grew to AED 32.3 billion in 2024 and is projected to exceed AED 50.6 billion by 2029, driven by a tech-savvy population, robust infrastructure, and growing digital payment adoption. The MENA region’s e-commerce market also expanded to AED 126.7 billion, fueled by mobile commerce and cross-border transactions. These trends underline the UAE’s position as a leading e-commerce hub in the region.
Elton Real Estate Development has launched its debut project, Védaire Residences, a boutique luxury residential development located in the prestigious Meydan Avenue in Dubai. Offering 43 exclusive apartments and premium amenities such as a rooftop pool, Zen garden, and smart home features, Védaire promises a community-first lifestyle in a low-density setting. With competitive pricing, flexible payment plans, and proximity to iconic landmarks like Burj Khalifa and Meydan Racecourse, this project marks a new standard in sustainable, luxury living in Dubai.
O Gold, the UAE’s leading digital gold platform, has partnered with Mawarid Finance to launch the region’s first Shariah-compliant prepaid card backed by physical gold. This strategic fintech collaboration marks a breakthrough in ethical, asset-backed finance—enabling secure, real-time use of gold through a compliant and convenient digital payment solution.