Transport - Dubai-Sharjah Traffic Set to Improve as Al Taawun Interchange P… Update - Dubai Global Village Announces Free Entry on November 7 for Vis… Weather - Yellow Fog Alert Issued as Rain Expected in Northern and Easter…

Send an Inquiry

Fill in the details below and our team will get back to you.

Government 1 min read 87 views

Comera Finance receives final CBUAE approval for NBFC license

Comera Finance, the financial services arm of Comera Financial Holdings, part of Abu Dhabi’s Royal Group, has received final regulatory approval from the Central Bank of the UAE (CBUAE) to operate as a Non-Banking Financial Company (NBFC).

The approval authorises Comera Finance to conduct both retail and wholesale financing activities, marking a significant milestone in the group’s strategy to build a compliant, technology-enabled financial platform serving consumers, small and medium-sized enterprises (SMEs), and corporates across the UAE.

The NBFC licence allows the company to offer regulated financing and lending solutions under the CBUAE’s supervisory framework. The approval follows an extensive regulatory review process and reflects Comera Finance’s strong governance structure, robust risk management framework, and operational readiness.

Commenting on the development, Akhtar Saeed Hashmi, Managing Director and Group CEO of Comera Financial Holdings, said the approval represents a defining moment for the company and validates its regulatory-first approach.

He added that, as part of Abu Dhabi’s Royal Group, Comera Finance is committed to building trusted, institution-grade financial solutions that align with the UAE’s vision for a resilient, inclusive and future-ready financial system.

Following the approval, Comera Finance plans to roll out a range of structured financial products, including consumer, SME and corporate financing solutions, with a strong emphasis on responsible lending, transparency and customer protection. All operations will be conducted in line with the CBUAE’s stringent regulatory standards to ensure effective compliance, governance and risk oversight.

The licence further strengthens the broader Comera ecosystem, which integrates digital communication, payments and financial services into a unified platform. By combining advanced technology with regulatory discipline, the group aims to simplify access to financial services while maintaining high standards of security and compliance.

Comera Finance’s entry as a licensed NBFC supports the UAE’s wider economic priorities, including SME development, financial inclusion and the growth of a diversified, innovation-driven economy. The company’s roadmap focuses on scalable and sustainable growth, supported by strong capital backing, experienced leadership and a clear commitment to regulatory excellence.

The approval marks the beginning of Comera Finance’s next phase of expansion as it works closely with regulators, partners and stakeholders to deliver financial solutions that contribute to the continued development of the UAE’s financial sector.

Comera FinanceComera Financial HoldingsRoyal Group Abu DhabiCBUAE approvalNBFC license UAEfinancial services UAEretail financingwholesale financingSME financing

Related News

More on Government

View all

Comments (0)

Join the conversation

No comments yet. Be the first to share your thoughts!

More News

See all
Technology

Qatar’s CRA Strengthens National Expertise in IPv6 and Internet Routing Security

Qatar’s Communications Regulatory Authority (CRA), in collaboration with the RIPE NCC, is conducting a six-week specialised training programme to strengthen national technical capabilities in Internet Protocol version 6 (IPv6) deployment and Internet routing security. The programme brings...

Nov 5, 2026 · 1 min
Food & FMCG

ICBA Holds First Farmers’ Forum to Expand Climate-Smart Crop Cultivation Across the UAE

The International Center for Biosaline Agriculture (ICBA) has organised its first Forum for Farmers and Agricultural Extension Professionals to support the wider cultivation of climate-smart crops across the UAE. Held at ICBA’s headquarters in Dubai, the forum brought together farmers from...

Nov 5, 2026 · 3 min
Others

FDF Announces H.H. Sheikha Fatima bint Mubarak Conference on Community Intelligence in Abu Dhabi

The Family Development Foundation (FDF) has announced details of the H.H. Sheikha Fatima bint Mubarak Conference on Community Intelligence, scheduled for November 17 and 18, 2026, in Abu Dhabi. The conference will form part of the eighth edition of the H.H. Sheikha Fatima bint Mubarak Excellence...

Nov 5, 2026 · 3 min
Government

UAE Federal Youth Authority Launches Leadership and International Representation Programme for Young Emiratis

The UAE Federal Youth Authority (FYA), in collaboration with the Ministry of Foreign Affairs (MOFA), has launched the first edition of the Leadership and International Representation Programme to prepare young Emiratis for roles at regional and international forums. The initiative aims to equip...

Nov 5, 2026 · 3 min
Trusted by

Our Associates

Brands and organisations that work with Day of Dubai.

Add Business Card Add Event Add Directory Add Forum