Network International, an Emirates NBD Company and Oberthur Technologies have set up a joint venture agreement to create a cards security and personalisation bureau in the UAE.

With a 10 million card capacity in the first year, the site is expected to capture between 30 and 50 percent of the market share within five years. Current estimates place the Middle East and North African card personalisation market at almost 40-50 million cards.The bureau is to start operations in August 2008.