Unique credit card product offers business, travel and lifestyle benefits for enterprises in the UAE, including for companies using DP World Group and Dubai Trade services

Dubai, UAE: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, and DP World, a leading provider of global end-to-end supply chain solutions, have announced the launch of a new co-branded corporate card in partnership with Mastercard. The new credit card caters to 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.

Designed to appeal to various segments, the card is a unique proposition in the UAE with business, travel and lifestyle benefits. The product features a revolving credit facility with a highly competitive interest rate and will also offer cashback on spends with no cap. Customers will receive access to the exclusive Dubai Trade Priority Call Centre, a premium service with 24/7 availability. Customers opting for the Emirates NBD DP World card can also open an account with Emirates NBD Business Banking to access the full range of products and services. 

The program will also connect business cardholders to more than 150 merchant discounts through Mastercard’s Easy Saving Specials (ESS) platform. ESS is global redemption-based program with time-limited merchant offers redeemed at checkout. The loyalty solution enables them to reduce costs and drive growth through essential business services, including promoting their offerings on various social media platforms. This will support enterprises to manage their payments, reduce transaction costs and increase cash flow.

Deepak Chandran, Group Head of Retail Products at Emirates NBD, said: “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, said: “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, said: “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."

Over the past five years, Mastercard and DP World have collaborated to digitise port ecosystem payment flows in various locations across the globe, helping to support DP World’s role as an enabler of global trade. Alongside its partner banks, Mastercard has launched programs allowing cargo owners and small businesses to pay for their freight-related costs more efficiently and remotely. The program is being rolled out across DP World’s global port operations with the objective of accelerating the digital transformation of the global supply chain and supporting local economies.

About Emirates NBD

Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As at 30th June 2024, total assets were AED 931 billion, (equivalent to approx. USD 253 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 859 branches and 4,491 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 3.89 billion. 

Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region.

Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE’s main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE’s Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.

For further information on Emirates NBD, please contact:
Ibrahim Sowaidan
Senior Vice President
Head - Group Corporate Affairs
Emirates NBD
Telephone: +971 4 609 4113 / +971 50 6538937
e-mail: ibrahims@emiratesnbd.com

asda’a bcw
Dubai, UAE
Tel: 971-4-4507600;
Email: emiratesnbd@bm.com

About Mastercard (NYSE: MA)  www.mastercard.com   

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

About DP World

Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally. 

With a dedicated, diverse and professional team of more than 113,000 employees from 160 nationalities, spanning 78 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.

We’re rapidly transforming and integrating our businesses Ports and Terminals, Marine Services, Logistics and Technology and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door.