Nimer Basbous_Sameer Khan

FAB and Mastercard Team Up for Global Partnership 

First Abu Dhabi Bank (FAB) and Mastercard have joined forces in an exclusive long-term global partnership, expanding their extensive collaboration across the Eastern Europe, Middle East, and Africa (EEMEA) region. 

The groundbreaking agreement, covering key markets such as the UAE, Saudi Arabia, Oman, and Egypt, aims to bolster the region’s digital payments landscape through innovative solutions. 

This collaboration empowers FAB to accelerate growth and innovation locally while expanding its footprint in international markets. Tailored products and services for consumer, SME, and commercial segments promise increased choice, flexibility, and benefits. 

Utilizing cutting-edge technologies like Artificial Intelligence (AI), the partnership aims to revolutionize customer experiences and enhance operational efficiency. Leveraging Mastercard’s global expertise and the prowess of its Global Center for Advanced AI and Cyber Technology in the UAE, the alliance seeks to drive impactful change. 

“FAB and Mastercard share a commitment to spearheading excellence while keeping our customers at the heart of everything we do. We are delighted to deepen our partnership as we consolidate our portfolios, harnessing Mastercard’s innovative product capabilities, differentiated service offerings and unique partnership approach. We are excited to usher in this new era to accelerate our growth and advance digital transformation across the region,” said Futoon Al Mazrouei, Group Head of Consumer Banking, UAE, FAB. 

“At Mastercard, we are working side by side with leading ecosystem players to power economies, boost financial inclusion and build a sustainable, connected world where everyone can thrive. Our global collaboration with FAB represents a significant milestone on our shared journey of innovation and growth. We thank the bank for their partnership and look forward to leveraging our complementary strengths to drive disruption and redefine the payments landscape together,” said Khalid Elgibali, Division President, Middle East and North Africa, Mastercard. 

Sameer Khan (pictured right) serves as General Counsel for Eastern Europe Middle East and Africa (EEMEA) at Mastercard and Nimer Basbous (pictured left) serves as Group General Counsel at FAB.