Expansion of privately owned cars, government initiative toward the loan approval process, and digitalization of financial institutions are among the leading factors driving the UAE Automotive Loan Market during the forecasted period. According to TechSci Research report, “ UAE Automotive Loan Market– By Region, By Company, Forecast & Opportunities, 2028F ” The UAE automotive loan market is expected to grow faster during the forecast period due to the rising digital penetration, changing vehicle ownership characteristics, and government subsidies in addition to systemically regulated car ownership and lending policies by regulatory authorities. Furthermore, the emergence of banks, NBFCs, fin-tech companies, and online loan aggregator platforms are expanding the automotive loan market in UAE. The Important Factors of UAE Automotive Loan Market Automotive Loans are loans provided to customers by financial institutions who want to acquire...