Commercial International Bank (CIB) Egypt, the country's largest private-sector bank, has announced a partnership with Majid Al Futtaim, which operates shopping malls, communities, retail and leisure businesses across the Middle East, Africa and Asia, and Visa, the global leader in digital payments, to launch the co-branded CIB SHARE Visa credit cards.

The CIB SHARE Visa cards are designed to enhance everyday lifestyles and shopping experiences for customers in Egypt, offering convenient payments and valuable rewards on daily spending, including shopping, groceries, dining, entertainment and other activities. The card is built to be an integral part of customers' daily needs, making it a preferred choice for their regular purchases.

The cards offer cashback of up to 8% on spending within the Majid Al Futtaim ecosystem, plus 1% cashback on other purchases, all in the form of SHARE points. The card also offers benefits for customers who shop regularly at Majid Al Futtaim destinations, including Mall of Egypt, City Centre malls and Carrefour. Its benefits extend to leisure destinations, including VOX Cinemas, Ski Egypt and Magic Planet.

Customers receive welcome points when they activate the card and use it for purchases, and can choose from three card tiers to suit different spending patterns. Alongside cashback, the benefits include free cinema tickets and popcorn at VOX Cinemas, free delivery on grocery orders through Carrefour online, dedicated checkout counters at Carrefour, and premium parking at the malls.

CIB SHARE Visa cards also offer discounts on Hands-Free Shopping, recently introduced at Majid Al Futtaim's malls in Egypt to make shopping more convenient, as well as free games and special discounts at Magic Planet and Ski Egypt, to deliver real value to customers across every aspect of their daily lives.

Yasser Abdallah, Deputy CEO for Retail and Business Banking at CIB Egypt, said: "We are pleased to partner with Majid Al Futtaim and Visa. This partnership reflects our commitment to digital transformation and to delivering tangible value to customers across their spending. The card experience extends to shopping, leisure and everyday lifestyles, making CIB SHARE Visa credit cards a preferred choice for customers. The bank has well-established experience in offering co-branded cards through successful partnerships."

Darren Taylor, Senior Vice President of SHARE Rewards and Customer Solutions at Majid Al Futtaim, said: "Customers in Egypt shop, dine and spend their leisure time at Majid Al Futtaim destinations. With the launch of the CIB SHARE Visa credit cards, every visit becomes part of a connected experience that gives them greater rewards.

Together with CIB and Visa, we have introduced an offer that is the first of its kind in Egypt: up to 8% cashback at more than 3,500 stores and four malls, namely Mall of Egypt, City Centre Almaza, City Centre Alexandria and City Centre Maadi, plus 1% cashback on customers' purchases elsewhere.

The SHARE programme connects millions of members in the UAE, Egypt, Saudi Arabia and Oman, forming the region's largest shopping network. Our ambition is clear: to make SHARE the most rewarding shopping experience, bring customers closer to everything Majid Al Futtaim offers, and help them get more value from every transaction."

Malak El Baba, Vice President and General Manager of Visa in Egypt, Libya and Sudan, said: "Egypt is one of the region's most active digital commerce markets, and partnerships like this play a key role in making digital payments more relevant to consumers' daily lives, more useful and more accessible. CIB SHARE Visa credit cards combine Visa's global payment technology, acceptance network and security standards with CIB's banking expertise and Majid Al Futtaim's shopping and leisure ecosystem, delivering benefits that go beyond payment itself.

By combining a seamless digital experience with generous rewards on shopping, groceries and entertainment, we are helping accelerate the shift to cashless payments, while giving consumers more value, convenience and confidence with every payment. Co-branded products such as CIB SHARE Visa cards show how partnerships can connect trusted payment innovation with the brands and experiences consumers value."