Credit Card

Competition Regulation Committee holds first 2018 meeting discussing punitive measures to address credit card infringement practices

  • Al Shehhi: There is a need to discuss steps aimed at adjusting the fees of credit card companies based on international rates and to address monopolies in this area 
  • UAE Competition Law enforces penalties of up to AED 5 million for offenders 


LGB BANK, in collaboration with MasterCard Worldwide, announces special offer with Careem

pho1.jpg LGB BANK, in collaboration with MasterCard Worldwide, has announced a special offer with Careem, the app-based car booking service. The offer enables MasterCard cardholders to enjoy free city rides and benefit from monthly discounts.

LGB BANK in collaboration with MasterCard launches a new promotion

EDM-EN.jpg LGB BANK in collaboration with MasterCard Worldwide and AccorHotels, launched its new promotional offer where premium customers will be able to benefit from a free night in the most prestigious hotels in the world upon booking for three nights through a MasterCard issued by L

Two Lebanese startups make Visa Everywhere Initiative finals

  • Nymcard and CloudHop among 13 finalists from 190 entries
  • Will compete in Dubai for chance to secure funding of up to US$50,000
  • Winners will be announced on October 11

Two companies from Lebanon’s dynamic technology startup community have made it to the finals of Visa’s Everywhere Initiative, an innovation program designed to encourage the development of the next big thing in payments.

New award from "Visa" to Al-Mawarid Bank confirms its leadership in the area of credit cards

Al-Mawarid Bank is once again confirming its leadership in the credit cards services in the Lebanese banking industry through the growth of the Bank’s credit card department. This success was crowned with the Visa International ‘Growth Award’, in recognition of the Bank’s efforts in growing the card's coverage.