Credit cards in the United Arab Emirates remains a dynamic performer, especially in terms of value transactions, which continue to record double-digit growth in 2024. In the United Arab Emirates, economic growth is currently driven by capital investment, technological progress, and a pro-business environment. These factors create a robust foundation for consumer spending and economic expansion.
Euromonitor International's Credit Card Transactions in United Arab Emirates report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Credit Card Transactions market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Credit Cards in the United Arab Emirates
Euromonitor International
November 2024
List Of Contents And Tables
CREDIT CARDS IN THE UNITED ARAB EMIRATES
KEY DATA FINDINGS
2024 DEVELOPMENTS
Stable economic growth drives consumption and population, favouring positive performance of credit cards
Credit cards is saturated in the United Arab Emirates
New credit cards and co-branded products continue to emerge in a competitive environment
PROSPECTS AND OPPORTUNITIES
Increased cost of living to support demand for cashback and reward schemes
Consolidation platforms and embedded financial solutions to emerge
Rise of loyalty products and new partnership opportunities for banks
CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2019-2024
Table 2 Credit Cards Transactions 2019-2024
Table 3 Credit Cards in Circulation: % Growth 2019-2024