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The government wants to tax credit card transactions abroad but is missing a potentially bigger misuse of the instrument at home—fake rent payments.

The Mideast tech giant is scaling back verticals in Saudi Arabia and possibly rethinking global operations.
The fintech’s financial services business has done reasonably well in Q4 FY26. But upping its lending game without the NBFC tag will be a tall task.
With no minimum investment threshold, the emirate is widening access to residency even as geopolitical risks cloud its appeal.