NBAD wins best payment project award

The National Bank of Abu Dhabi, or NBAD, won the Best Payments Infrastructure Project in the Asian Banker Award 2012 for the its transformational payment engine rolled out in 2012. In naming NBAD’s project the Best Payments Structure for Mid-Tier Banks Award 2012, Asian Banker Summit said: “NBAD has gained significant competitive advantage in the region as a result of it”. The project automated nearly all of NBAD’s inward and outward payments processing, which significantly improved customer service quality because it expedited transactions and reduced dramatically reduced chances of error. It was implemented in the UAE, Kuwait, Bahrain, Oman and Jordan. Platinum Elite credit card from Mashreq Mashreq announced the launch of a new a top-of-the-range credit card tailored to meet the requirements of affluent customers in the UAE. It is an enhanced version of the current Platinum credit card, and will offer its members a myriad of services and benefits unlike any other product in the UAE. “The Platinum Elite credit card bundles all of the additional benefits any affluent consumer could want into a single card.  We are very proud to offer a gamut of lifestyle benefits encompassed in one card targeted at the growing affluent segment,” Mashreq Retail Banking Group head Farhad Irani said. Emirates Float Glass at South American expo Emirates Float Glass, or EFG, is showcasing its growing international presence and portfolio of glass products and services at Glass South America 2012. The 10th edition of the largest glass, window and hardware event in Latin America concludes today at the Trans America Expo Centre in Sao Paolo. “A high-profile gathering, Glass South America offers an excellent platform to expand our business and enter into new partnerships,” EFG general manager Ghassan Mashal said. TCA Abu Dhabi to showcase dates at Imex The Abu Dhabi Tourism and Culture Authority, or TCA Abu Dhabi, will be participating at this year’s Imex exhibition in Frankfurt from May 22-24, with a focus on one important aspect of Emirati culture — the date. “We want visitors to experience the date, which is integral to Emirati culture, and which is now the base of an increasingly diverse range of products, many of which are now bought as souvenirs,” TCA Abu Dhabi international promotions manager Mubarak Al Nuaimi said.