Emirates NBD, one of the foremost banking groups in the MENAT region, has joined forces with DP World, a global leader in supply chain solutions, to launch a co-branded corporate card in partnership with Mastercard. This card aims to serve businesses operating in the UAE, particularly those utilizing DP World and Dubai Trade services, offering a variety of business, travel, and lifestyle benefits.
Targeting diverse business segments, the new corporate card comes with a revolving credit facility at competitive rates and unlimited cashback on expenditures. Cardholders will benefit from access to Dubai Trade’s Priority Call Centre, available 24/7, as well as the option to open accounts with Emirates NBD Business Banking, expanding access to a wide range of banking products and services.
The program further connects businesses to over 150 merchant discounts through Mastercard’s Easy Saving Specials (ESS) platform. This global program enables users to redeem merchant offers at checkout and helps enterprises lower costs, manage payments, and drive growth through social media promotion and essential business services.
Deepak Chandran, Group Head of Retail Products at Emirates NBD, stated, “As a leading national bank, Emirates NBD is committed to empowering UAE businesses and fostering trade, a key strategic priority within the country.
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, commented, “At DP World, we are dedicated to unlocking opportunities for seamless global trade. Our partnership with Emirates NBD to introduce this co-branded corporate card exemplifies our commitment to providing innovative solutions that enhance operational efficiency and financial flexibility for businesses. Additionally, 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, added, “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. We are proud to see this product mark a key output of the Mastercard – Dubai Digital City Partnership.”
Mastercard and DP World have worked closely over the past five years to digitize payment flows in port ecosystems globally, supporting DP World’s role in global trade facilitation. This partnership has led to initiatives that allow cargo owners and small businesses to remotely and efficiently manage their freight-related costs, contributing to the digital transformation of the global supply chain and fostering local economic growth.
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Category: Business, Finance, Corporate