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UAE consumers could soon be paying off school or medical bills on 'Buy Now Pay Later' - and on 0%


Dubai: Not just for shopping, UAE consumers could soon pay off their medical or education bills in monthly instalments… at zero interest. If they do, it could mean savings in the thousands of dirhams each year – and these days, each saved dirham counts.
Yes, the ‘Buy Now Pay Later’ could soon show up quite forcefully in helping clear off those bills too. It was last year that the payment option emerged as a viable option for UAE consumers to pick up goods on credit… and not have to worry about the credit card charges.
A handful of BNPL platforms/apps rushed to fill the market need and at a time when shoppers were being extremely careful with their spend patterns following the COVID-19 outbreak and the resultant hit on the economy and jobs. ....

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Dubai's office landlords willing to re-negotiate leases, offer rent deferments: Mashreq report


Dubai: More landlords in the UAE are giving tenants at their retail and office properties rent deferments and even full-scale lease renegotiations to help them through the COVID-19 crisis. Even those landlords who had held back from doing anything last year are more willing to come to the negotiating tables.
“Existing tenants are being given the opportunity to scale down their premises until market conditions improve,” said Zain Qureshi, Managing Director and Global Head of Real Estate Finance and Advisory at Mashreq Bank. “With businesses across the UAE coming under increased financial stress from a fall in revenues caused by the pandemic, occupiers are seeking more value out of their properties.” ....

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Federal Bank, Mashreq Bank of UAE ink pact, to offer money transfer


Federal Bank, Mashreq Bank of UAE ink pact, to offer money transfer
May 10, 2021
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Federal Bank has entered into a tie-up with Mashreq Bank, a leading financial institution in the UAE, to facilitate money transfers to India. The partnership will support Mashreq’s faster payment product, QuickRemit. Mashreq is one of the oldest banks in the UAE, and has a presence in twelve countries across Europe, US, Asia and Africa.
Shalini Warrier, Executive Director, Federal Bank said, “With a market share of 17 per cent in personal inward remittances to India, we have been always at the forefront of ensuring our remittance business. Federal Bank adds one more partnership to its fold through this tie-up”. ....

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instant money transfer - All news and posts by Crowdfund Insider


Dalmore Group Teams with Global Wine Marketplace Vinsent for Direct Reg CF Offering
Veteran Reg A+ Broker-Dealer DalmoreGroup announced the Reg CF launch ofVinsent, a company that is working toenhance the wine industry ecosystem .
Pakt Bags, Inc. Launches Investment Campaign to Expand Line of Exceptional Travel Products, raising up to $1.07M
Brooklyn, NY, April. 14, 2021 Pakt, Inc., a company that createsgear built for the modern traveler, .
SKILLICORN Technologies announces the launch of their Los Fresnos Project Regulation CF Offering on the InfraShares crowdfunding platform.
This Regulation CF offering isseeking front-end financing for theLos Fresnos Project. For a minimum .
NanoVMs Launches Investment Round On StartEngine ....

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