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FINANCIAL NEWS
Elect payments transactions in Arab region to reach USD 69bn
01 Jun 2016
(MENAFN) Electronic-payment transactions will grow in the Arab region to record USD 69bn by 2020, where Saudi Arabia’s market grew by 40 percent.
Additionally, the UAE’s market increased by 24 percent and Arab markets viewed an overall growth of 23 percent in 2015 in this field.
Moreover, the elect payment transactions in the Arab region grew through Egypt, Jordan, Kuwait, Qatar, Saudi Arabia and Lebanon by more than 50 percent.
Meanwhile, 17 percent of online shoppers finished the whole purchasing process online, whereas 67 percent use only the Internet to find the products to trade.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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