DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jwjkcx/emerging) has announced the addition of the "Emerging Opportunities in the UAE's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape" report to their offering.

“Emerging Opportunities in the UAE's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape”

The UAE is an open economy with a high per capita income and annual trade surplus. It is a federation of seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras al- Khaimah, Sharjah and Umm al-Quwain, formed on December 2, 1971. The government transformed the economy by forming a business environment which directly benefits the economic growth of the country.

Such efforts have seen the UAE rapidly emerge as an important hub for international trade, finance and tourism which has attracted large inflows of foreign direct investment (FDI) and expatriate workers. Moreover, successful efforts at economic diversification have reduced the portion of GDP as a proportion of oil and gas output to 25%.

The cards and payments industry grew at a CAGR of 7.18% during the review period and was primarily driven by the prepaid card category. It is expected to grow at a CAGR of 5.55% over the forecast period. During the review period, prepaid cards occupied the largest share in the overall cards and payments industry, and recorded a CAGR of 13.33%.

Debit cards grew at a CAGR of 8.19% followed by charge cards which grew at a CAGR of 5.62% during the same period. Credit cards grew marginally, at a CAGR of 0.92%.

Key Topics Covered:

1 Executive Summary

2 Market Attractiveness and Future Prospects of Cards and Payments Industry

3 Analysis of the UAE Cards and Payments Industry Drivers

4 Emerging Consumer Attitudes and Trends

5 Competitive Landscape and Industry Dynamics

6 Strategies Adopted by Key Players

7 Market Size and Growth Potential of Payment Card Industry

8 Company Profiles, Product, and Marketing Strategies

9 Appendix

Companies Mentioned

• Abu Dhabi Commercial Bank
• Dubai Islamic Bank
• Emirates National Bank of Dubai

For more information visit http://www.researchandmarkets.com/research/jwjkcx/emerging