Nuvei Corporation Says It Secured An Approval For A Retail Services Category II License From The Central Bank Of The UAE, Expanding Into The United Arab Emirates And Fortifying Its Global Presence To The Middle East And North Africa
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Nuvei Corporation has secured approval for a Retail Services Category II License from the Central Bank of the UAE, allowing it to expand into the United Arab Emirates and strengthen its presence in the Middle East and North Africa.
June 25, 2024 | 11:37 am
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Nuvei Corporation has received approval for a Retail Services Category II License from the Central Bank of the UAE, enabling its expansion into the UAE and bolstering its presence in the MENA region.
The approval from the Central Bank of the UAE allows Nuvei to offer retail services in the UAE, a significant market in the MENA region. This expansion is likely to enhance Nuvei's revenue streams and market presence, positively impacting its stock price in the short term.
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