DFM launches iVESTOR Shabab card

The Shari’a compliant card enables parents to track their children’s expenditure, and entitles holders to receive a DFM Investor Number The new card emulates the successful iVESTOR card with more than 30,000 cards issued since 2010 Dubai Financial Market ( DFM ) today launched iVESTOR Shabab card, the innovative solution for youth in the UAE […]

Dubai Bank launches new balance transfer and cheque over the phone

Facility features Easy Payment Plan upon balance transfer New Cheque on Phone service for Covered Cardholders launched Highly competitive profit rates being offered on both products Dubai Bank has announced the launch of its new balance transfer facility which allows new and existing customers to shift their credit card balance from another bank to Dubai […]

Dubai Bank Credit Card wins Visa design award

DB Royal Card

Dubai Bank today announced that its Royal Banking Covered Card had been recognized with a design award from Visa. The black and gold card, which takes its inspiration from Islamic art, was named “Best AP CEMEA Card Design” by Visa. Collecting the award, Hisham Hammoud, Dubai Bank Head of Retail Banking Group said: “The Dubai […]

Emirates NBD, MasterCard to launch Titanium Credit Card

Focus on lifestyle benefits, superior rewards and robust security features New Titanium credit card caters to fast growing emerging affluent segment Emirates NBD, a leading bank in the region, announced today the launch of the new Emirates NBD Titanium Credit Card in partnership with MasterCard. The new Emirates NBD MasterCard Titanium Credit Card targets the […]

Exclusive discounts for Visa holders at Emaar Hospitality outlets

Emaar Hospitality Group has partnered with Visa’s 2011 Premium Privileges programme to reward customers with exclusive discounts, when they use their Visa debit or credit card to indulge at selected outlets across The Address Hotels + Resorts, Arabian Ranches Golf Club, Dubai Polo & Equestrian Club, and the Dubai Marina Yacht Club over the next […]

Retailers to stop charging surcharge on credit card usage from July 1

His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Supreme Committee for Consumer Protection, has instructed retailers to stop charging additional fees on credit card usage, effective July 1, 2011. He was heading the second meeting of the Committee for 2011, which passed a resolution prohibiting retailers from imposing surcharges […]

Cash-strapped residents get free debt advise in Dubai

ISDM, the Dubai-based credit counseling and debt management company is set to hold its first free, public open house counseling event where participants can get free advise on issues related to debt, credit card management to help deal with debt-related woes. “We are here to help manage people’s debt to enable them to have a […]

Sony sued over PlayStation security breach of personal data

The first lawsuit resulting from the security breach of the personal data of more than 77 million Sony PlayStation Network customers has been filed on Wednesdy. The suit was filed in the U.S. , on behalf of Kristopher Johns, 36, of Birmingham. He accuses Sony of not taking “reasonable care to protect, encrypt, and secure […]

NBAD: VISA Business Credit Card

The National Bank of Abu Dhabi (NBAD), has launched NBAD Visa Business Credit Cards, its first credit card exclusively for small- and medium-sized enterprises (SME). The new credit card has been tailored specifically with a host of outstanding and unique benefits to meet the business needs of SMEs, according to the official news agency WAM. […]

IBQ launches Qatar’s first 5% Cash Back credit cards


1. Cards offer 5% Cash Back on all purchases and a host of other unique benefits; IBQ is Qatar’s first bank to offer exclusive Cash Back 2. Introduces new Gold MasterCard, Platinum and Infinite Visa cards enabled with Chip and PIN 3. Becomes only Qatar-based bank to issue Infinite Visa card 4. Bank’s customer base […]