Dubai – Mubasher: Emirates NBD and DP World launched a new co-branded corporate card in partnership with Mastercard, according to a press release.
All businesses, including those that use DP World and Dubai Trade services across its port and terminals in the UAE, as well as customs and logistics solutions, will leverage the new credit.
The product features a revolving credit facility with a highly competitive interest rate and will also offer cashback on spending with no cap.
Additionally, the programme will connect business cardholders to more than 150 merchant discounts through Mastercard’s Easy Saving Specials (ESS) platform.
Deepak Chandran, Group Head of Retail Products at Emirates NBD, indicated: “Our partnership with DP World to introduce the Emirates NBD DP World co-branded Mastercard card unites two leading UAE-born brands to deliver an innovative and essential tool for the region’s business sector that forms the backbone of the UAE economy.”
Ahmad Al Hassan, Chief Financial Officer at DP World GCC, said: “Customers will benefit from access to exclusive premium services, reinforcing our role in driving the UAE's economic growth and supporting global trade ambitions.”
Gina Petersen-Skyrme, Country Manager for the UAE and Oman at Mastercard, commented: “The launch of the Emirates NBD DP World co-branded Mastercard corporate credit card is in line with our shared commitment to advancing the Dubai Economic Agenda 2033 by growing trade volumes from and within Dubai, the EEMEA region and across the globe.”
“In addition to facilitating fast, seamless and secure transactions, the innovative product is uniquely designed to connect UAE trade partners to a world of benefits that enhance the ease of doing business," she added.
Earlier this year, Mastercard and Emirates NBD-Egypt joined forces to boost the payments industry and streamline the digital banking experience for customers.
