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Damas and American Express team up to launch new credit card
- United Arab Emirates: Monday, May 09 - 2005 at 12:15
- PRESS RELEASE
American Express Middle East and Damas announced the launch of their new credit card that provides cardmembers a 2% reward voucher on all purchases and a wide array of benefits including special offers for purchases at Damas.
The new Damas American Express Credit Card is billed in UAE Dirhams. All the more, Cardmembers will enjoy Retail Protection Insurance, Online Fraud Protection Guarantee, and Free Travel Insurance and will gain Access to Airport Lounges throughout the Middle East.
On the occasion of the launch, Mr. Trevor Stokes, President & CEO of American Express Middle East commented: "American Express believes in providing our Cardmembers with innovative products that offer unique benefits and services, and we are proud to be partnering with Damas to launch the Damas American Express Credit Card."
Mr. Tawhid Abdullah, Managing Director Damas, added: "Our new Credit Card is illustrative of our solid commitment towards our customers and our aim to continuously exceed their expectations. Furthermore, the new Credit Card is an affirmation of our strong ties with American Express and it takes our Business Partnership to new heights."
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Notes and media contacts
About American Express:American Express Company is a diversified worldwide travel, financial and network Services Company founded in 1850. It is a world leader in Charge and Credit Cards, Travelers Cheques, travel, financial planning, business services, insurance and international banking.
American Express Middle East E.C. - AEME established its presence in the Middle East in 1959 and set up its first office in Bahrain in 1979. In 1992, American Express became a joint venture company owned by Mawarid Investment Limited and American Express.
Operating in 18 markets in the Middle East and North Africa region, AEME issues dollar currency Credit and Charge Cards: Personal (Green), Gold, Platinum as well as Company and Corporate Cards, and since 2001, with the introduction of its first local currency Credit Card in the United Arab Emirates, AEME has been introducing a range of local currency Credit Cards across the region. American Express Cards are accepted at millions of locations in more than 200 countries and territories worldwide.
About Damas:
The first Damas shop was established in 1907. Damas Jewelry LLC, a U.A.E based company which has grown and expanded over the years to an international fashion jewelry network.
Today, Damas has a trade network that spans around the world. Outlets can be found in the U.S.A, Lebanon, Jordan, Maldives, India, and throughout all the GCC countries. It is home to a magnificent array of internationally acclaimed jewelry brands, such as Carrera Y Carrera, Laurentia, Baraka, Mikimoto, Fope, Chimento, Faberge, Pomellato, Roberto Coin, Scavia, and many more. Damas also houses some of the most distinguished brands in the watch arena, such as Chanel, Chaumet, Bell & Ross, Barthelay, Omega, Waltham, Montega, Bedat & Co., Vacheron Constantin, Marina B, and many more.
Along with 2 Tiffany & Co. stores located in Dubai, Damas has launched the Les Exclusive Boutiques range aimed at the high-end clientele, throughout the UAE.
A key component to the business operations of Damas on a day-to-day basis is its Gold, Diamond and Pearl Wholesale trading.
For more information, please contact:
Radwa Allabban
PR Senior Account Manager
Ogilvy Public Relations
Direct: +973 17578726
Fax +973 17223266
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