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Curve intends to use the current loan proceeds to expand its offering across markets into the EU and the US, along with new product offerings related to direct line of credit.

China's exports up 11.9%, imports rise 4.6%, according to state news agency.

The UAE’s foreign non-oil trade created another record in the first nine months of 2022, totalling over AED1.6 trillion ($435.61 billion), a rise of 19 percent compared to the same period in 2021.

Credit costs are expected to stay flattish and slowing credit growth should be manageable.

GDP growth decelerated to 3.6% year on year in the third quarter, from 5.8% in Q2, amid notable decelerations in consumer spending and fixed investment growth.