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Wednesday, November 25 - 2009

MasterCard joins with the Alshaya Group to offer MasterCard cardholders in Kuwait a 10 per cent discount

MasterCard Worldwide, a leader in advancing global commerce, launched the MasterCard and Alshaya 10 per cent discount promotion in Kuwait.

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Between February 17th and March 15th 2007, MasterCard together with participating customer banks and Alshaya Group owned retail and restaurant outlets are offering MasterCard cardholders the chance to benefit from a 10% discount when making purchases with their MasterCard debit or credit cards at any of Alshaya Group retail and restaurant outlets throughout Kuwait. This 10% discount is above any existing discounts being offered by Alshaya.
Alshaya retail and restaurant outlets participating in the MasterCard & Alshaya 10% Discount Promotion are Debenhams, Next, River Island, British Home Stores, H&M, Mothercare, Topshop, Topman, Foot Locker, Evans, The Body Shop, Oasis, Coast, Claire's, Vero Moda, Jack n Jones, Oltre, Motivi, Peacocks, Limited Too, VaVaVoom, Milano, Elena Miro, Stride Rite, Faith, and participating restaurants PizzaExpress, Totally Fish, Thai Chi, Asha's, Sarai, The Gaucho Grill and Le Pain Quotidien.
Participating MasterCard customer banks supporting the MasterCard & Alshaya 10% Discount Promotion are Al Ahli Bank of Kuwait, BKME, Burgan Bank, Gulf Bank, KFH and NBK.

Ihab Zaghloul, Vice President, Acceptance & Business Development, Middle East & Levant, MasterCard Worldwide, said: "MasterCard is very pleased to launch the MasterCard & Alshaya 10% Discount Promotion in Kuwait, cooperating closely with the Alshaya Group representing many international retail & restaurant brands and with participating customer banks. The MasterCard 10% discount promotion is aimed at providing our MasterCard holders with an instant & additional 10% discount value every time they use their MasterCard card at the places where they like to use their cards the most. MasterCard is the best way to pay for everything that matters and MasterCard cards carry the assurance of being accepted at more than 25 million acceptance locations around the world."

Camille Hajji, Corporate Marketing Manager, Alshaya Retail Division, said "The Alshaya Group is thrilled with the MasterCard & Alshaya 10% Discount Promotion, one of the most exciting campaigns ever run in Kuwait. Retail and restaurant outlets under the Alshaya Group umbrella offer a wide range of products that cater to all members of the family and MasterCard cardholders can benefit from the 10% discount when shopping during the promotion period. Alshaya retail and restaurants offer something to satisfy everyone and their shopping needs and we look forward to serving our customers during the promotion."
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About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes approximately 16 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard Worldwide serves consumers and businesses in more than 210 countries and territories. For more information, go to www.mastercardworldwide.com.

About Alshaya Group
M.H.Alshaya is one of the leading retail companies operating in the Middle East; and is the franchisee for more than 42 International retail brands including Debenhams, Mothercare, Next, BHS, H&M, Foot Locker, The Body Shop, Boots, MAC, Claire's Accessories and Starbucks Coffee. Based in Kuwait, Alshaya operates more than 1200 internationally branded stores across 13 countries: KSA, Kuwait, United Arab Emirates, Bahrain, Qatar, Oman, Lebanon, Jordan and Egypt; In addition to Turkey, Cyprus, Russia and most recently Poland. This network of stores is supported by an integrated pan-regional infrastructure, incorporating best practice activities in retail operations, merchandising, marketing, IT, logistics, real estate, human resources and financial control. Alshaya Retail employs more than 9500 employees from 46 different nationalities. You can also access more information on our company by going to www.alshaya.com.

Contact:
Vicki Morley, GolinHarris Dubai, +971 4 332 3308
Nicole Suter, GolinHarris Dubai, +971 4 332 3308

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