Riyadh - Sharikat Mubasher: Tamara, the leading fintech platform in Saudi Arabia and the GCC region, obtained a restricted finance license from the Central Bank of the UAE (CBUAE), achieving full regulatory status that enables it to contribute to the goals of the UAE Vision 2031.

This milestone cements Tamara’s position as a trusted financial partner and reinforces its commitment to building a more advanced and reliable financial ecosystem in the country, the company stated in a press release today.

Commenting on this achievement, Yamen Fakhreddine, CEO of Tamara UAE, said: “This milestone fundamentally strengthens our entire operation in the UAE and serves as the catalyst for our ambitious future here. The path is now clear to achieve our mission to help people own their dreams by building the most customer-centric financial super-app in the world."

Tamara is committed to building products and partnerships that give its customers and merchants the power to deal with ease and confidence.