Mixed-use developer MARAKEZ enters into a partnership with LUCKY FINANCIAL to provide credit products and extra cashback for shoppers visiting the Mall of Arabia and Mall of Tanta, Invest-Gate reports.

The partnership aims to provide more value to shoppers and encouraging them to avail the benefits of LUCKY ONE card which connects more than 20,000 brands and retailers directly to consumers.

Under this agreement, MARAKEZ’s Mall of Arabia and Mall of Tanta customers using the LUCKY ONE Card receive extra cashback on every purchase made at either of the two malls.

The LUCKY ONE Card also allows users to enjoy the convenience of hassle-free payment of utility bills through the smartphone either by monthly installments or cashback options along with other mobile-friendly banking features.

Ashraf Maklad, MARAKEZ Chief Commercial Officer, says: “MARAKEZ nurtures trust and loyalty with its customers by bringing them new monetization opportunities through this partnership with one of the fastest growing fintech apps in Egypt.”

For his part, Ayman Essawy, Co-Founder and CEO of LUCKY FINANCIAL, comments: “Unlocking the power of credit accessibility and affordability is at the core of our mission at LUCKY, and we couldn’t be more excited about the possibilities that our partnership with Marakez will bring to our esteemed users.