Egypt's IDB and ElTarek Launch Co-Branded Mastercard Credit Cards

The National Bank of Egypt (NBE) and Mastercard launched a USD Corporate Debit Card on Jul 27, 2026, giving Egyptian businesses direct access to USD-denominated cross-border payments. The product serves both large corporates and small and medium enterprises. Cardholders can pay international suppliers, service providers, and digital platforms in USD.

The card runs on Mastercard's global payments network. NBE's Deputy CEO Soha El Turky said the collaboration equips businesses to participate more fully in the global economy. The card is available immediately through NBE branches across Egypt.