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Wednesday, November 11 - 2009

Dazzling diamond offer at Damas for Visa cardholders

  • United Arab Emirates: Wednesday, June 09 - 2004 at 13:58
  • PRESS RELEASE

Visa International has teamed up with leading jewellery and fashion brand, Damas Jewellery, to offer its cardholders an exclusive discount on a wide range of the retailer's diamond jewellery in selected outlets in the GCC.

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  • Dazzling diamond offer at Damas for Visa cardholders.
    Dazzling diamond offer at Damas for Visa cardholders.
Commencing in the UAE on Thursday 10 June, the offer will run for one day only in the emirates of Dubai, Sharjah and Abu Dhabi. Visa credit and Visa Electron cardholders can take advantage of half price offers at Damas outlets in Burjuman Centre in Dubai on 10 June, Sahara Centre in Sharjah on 13 June and Marina Mall in Abu Dhabi on 16 June. The outlets will be open from 10am to 10pm.

Following the UAE, Damas will roll out the promotion in Qatar and Oman. Specific outlets offering discounts for Visa cardholders include Doha's Landmark Mall on 23 and 24 June and Muscat City Centre on 30 June and 1 July.

Kamran Siddiqi, General Manager for Visa International in the Middle East said, "The Damas promotion is another example of Visa's efforts to provide cardholders with more value, including rewards and incentives, in addition to the convenience and safety of paying with Visa cards."

Mr. Tawhid Abdullah, Managing Director of Damas said, "We are delighted to partner with Visa for the third consecutive year in providing our customers a fantastic opportunity to purchase diamonds at unbeatable prices. Renowned for our unique designs, premium service and unparalleled shopping experience, this promotion allows our customers to further benefit from our unmatched prices."

"Payment cards are a popular choice of payment for Damas customers. Every year, nearly 65 per cent of purchases are made on Visa cards, which plays a major role in the success of our business," added Mr. Abdullah.

Noting the growing acceptance of Visa, Siddiqi added: "Today, there are over 100,000 retailers, small and big, across the Middle East that accept Visa. This has brought great freedom to cardholders who can shop easily without carrying large sums of cash at all times. Whether for high value purchases such as jewellery or daily shopping at supermarkets, Visa cards are increasingly recognised as a more efficient payment method than cash."
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Notes and media contacts

About Visa
Visa is the world's leading payment brand generating nearly US$3 trillion in annual card sales volume. Visa has unsurpassed acceptance in more than 150 countries. The Visa organisation plays a pivotal role in developing innovative payment products and technologies to benefit its 21,000 member financial institutions and their cardholders. Visa is a leader in Internet based payments and is pioneering the creation of u-commerce, or universal commerce—the ability to conduct commerce anywhere, anytime, and any way.

About Damas:
The journey of Damas began in 1907, and today it has grown from a UAE based company into an internationally based fashion and jewellery network. Damas has a trade network in UAE, Qatar, Sultanate of Oman, Kuwait, Kingdom of Saudi Arabia, Kingdom of Bahrain, Jordan, India, Maldives and Egypt. On the retail level, Damas operates over 180 sales points which include international brand boutiques such as Graff, Tiffany & Co., Scavia, Damas Les Exclusives, Damas 22kt and 18kt showrooms and Damas supplies to international Duty Free outlets worldwide in Dubai, Abu Dhabi, Sharjah, Jebel Ali, Kuwait, Muscat, Bangkok, Karachi, Samnaun, Seychelles, Shannon, Casablanca, Luxembourg, Bahrain and Qatar. These stylish and luxurious boutiques house some of the most spectacular and unique jewellery & watches.

For further information please contact:
Contact:
Camilla d'Abo
ASDA'A Public Relations
Dubai, UAE
Tel: + 9714 3344550
Fax: + 9714 3344556
or
Clare Woodcraft
Visa International
Dubai, UAE
Tel: +9714 3319690
Fax: +9714 3322199

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