The prepaid card market in the Middle East is anticipated to see a healthy growth over the next four years.
The growth in macroeconomic indicators is anticipated to support the financial cards market for the Middle East.
The overall economic growth in the Middle East will attract investments in various sectors, which are also expected to support the growth of prepaid cards in the region.
Over the forecast period (2012-2016), the UAE prepaid market is expected to grow at a CAGR of 28.77%.
The prepaid cards market in Egypt is still in its developmental stages and during the review period (2007-2011) the country’s prepaid cards market grew at a CAGR of 34.32%.
The full report ‘Market Opportunities and Emerging Trends in the Prepaid Card Market in the Middle East’ is available from BRICdata. Click here for more details.