Saudi Awwal Bank Launches First Co-Branded Credit Card with Qatar Airways Privilege Club in Saudi Arabia

In a move reflecting the continuous development in Saudi Arabia's financial services and corporate sector, Saudi Awwal Bank has announced the launch of the first co-branded credit card with Qatar Airways' loyalty program, Privilege Club. This launch aims to provide innovative financial options for both consumers and businesses, contributing to the activation of trade and services. This collaboration between a Saudi financial institution and an international airline signifies the depth of growing economic ties between the Kingdom and Qatar. It also opens new avenues for companies seeking to offer competitive benefits to their customers and employees, particularly in areas of travel and rewards, which may positively impact the procurement and related services sector. Such initiatives are expected to contribute to strengthening the business environment in the Kingdom and encourage more strategic partnerships between the local and international private sectors. Providing innovative financial products specifically designed to meet the needs of the Saudi market enhances the Kingdom's position as a leading regional economic hub.