Marwan Kheireddine, a Lebanese banker and entrepreneur noted for laying the foundations of Lebanon’s first credit card company, Marwancard, is making waves in Dubai. Kheireddine has built his empire on three primary pillars: creativity and innovation, knowledge-sharing, and a commitment to long-term growth.
Kheireddine has made it clear that he will look to hire talent from all around the globe. He has committed to building these operations in the Middle East and Dubai. He has signed agreements with the Malaysian, Singaporean, and Indonesian governments as well as leading financial institutions throughout the region.
Kheireddine built MBC Cards with a $3 million investment from a Dubai-based venture capital firm, which Mohamed Al Jazeerah led from MBC Bank.
Kheireddine was born in Beirut. At 12, he moved to New York City to complete his studies. He then continued onto Harvard University, where he earned his Bachelor of Science in Business Administration.
He studied at Oxford University for a master’s degree in philosophy, politics, and economics. After this, he took a job at the World Bank. He then started his financial advisory and investment company in 1996. All of the companies belong to Kheireddine Marwan Group, which is one of the most important banking entities in Lebanon.
By 2010: MBC Card was operating in 20 countries. The bank held a portfolio of all types of financial services, including a branch system and an international credit card program. The company also has its mobile platform and is an international bank, work which he started in the early 2000s.
Kheireddine Marwan Group has succeeded with several different ventures they have put together. The company offers a range of credit cards, travel cards, debit cards, and a cash-back program.
There are 23 MBC Card branches located across Lebanon. They focus primarily on corporate finance and commercial banking activities in the Middle East region. The branches are located in Lebanon, Kuwait, Jordan, Egypt, and Turkey.
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