10 Mar 2015
Manama, Bahrain– 9 March 2015: Ithmaar Bank, a Bahrain-based Islamic retail bank, signed a Memorandum of Understanding (MOU) with Gulf Air, the national carrier of the Kingdom of Bahrain, to offer Ithmaar Bank’s cardholders a discounted pricing for Gulf Air online ticket purchases.
Gulf Air Acting Chief Financial Officer, Sahar Ataei, and Ithmaar Bank General Manager, Retail and Private Banking, Abdul Hakeem Al Mutawa, signed the MOU at a ceremony held at Gulf Air headquarters.

Ithmaar Bank Debit and Credit Card holders, as per this agreement with Gulf Air, receive a 10percent discount when purchasing Gulf Air tickets online. The offer is applicable on both the national carrier’s Falcon Gold (business) and economy class fares and is valid for all tickets purchased from the official Gulf Air website,, using a special discount code that will be distributed to all Ithmaar Bank cardholders. The joint promotion is valid until 29 February 2016.
“We are delighted to launch this joint promotion with Ithmaar Bank giving Ithmaar cardholders the opportunity to experience Gulf Air’s hallmark Arabian hospitality and award-winning services with our competitive pricing and at exclusive rates,” said Ataei. “This promotion reinforces our commitment to ensuring that Gulf Air is the carrier of choice,” she said.
“Ithmaar Bank is committed to becoming the region’s premier Islamic retail bank,” said Al Mutawa. “In line with that commitment, we are continuously improving our products and services to ensure we remain the Islamic retail bank of choice among the people of Bahrain. This agreement with Gulf Air, for example, provides Ithmaar Bank customers preferential pricing, enabling them to travel to their favourite destinations at discounted prices,” he said.

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