17 Muharram 1446 - 23 July 2024
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Eye of Dubai
Business & Money | Monday 29 January, 2024 9:15 am |

American Express Saudi Arabia signs an agreement with Almosafer Business to process business travel payments for corporate clients

American Express Saudi Arabia has announced an agreement with Almosafer, Saudi Arabia’s leading travel company, to enable corporate clients of Almosafer Business to centralize payments through its Corporate Travel Account (“CTA”), consolidating and providing visibility of corporate travel expenditure. 




The American Express CTA is a centralized virtual payment solution that enables seamless management of business travel activities, while helping to improve cash flow and visibility of centralized travel expenditure. It enables greater control over travel costs and reconciliation through one monthly statements and reporting.




Commenting on the agreement, Fahad Mubarak Al Guthami, Chief Executive Officer at American Express Saudi Arabia, said: “American Express Saudi Arabia is committed to introducing innovative products and services to the Kingdom through strategic agreements with prominent businesses and financial institutions, enabling improved payment outcomes for our customers.  We look forward to supporting Almosafer Business customers, bringing the convenience and diverse features of our CTA Travel Payment solution to an entirely new customer base. 




Muzzammil Ahussain, CEO at Almosafer, added: “This agreement will provide our corporate clients with a truly invaluable solution that promises a more optimized, personalized business travel experience. It reflects our commitment to helping our customers enjoy seamless journeys around the world and elevating the standards of corporate travel within the Kingdom. 








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