Kuwait, December 20, 2006:  All new and current Red customers will be able to go to the movies at Cinescape's Marina Mall theatres for only KD1 during Eid Al-Adha.

Red is Gulf Bank's university student program and is Kuwait's leading banking program for college and university students between the ages of 18 and 24. Eligible students who are not yet Red customers will be able to sign up at a special Gulf Bank Red stand at Marina Mall during the Eid holiday.

Red is the most rewarding student banking program in Kuwait. Red has no minimum balance fees. It offers a new, uniquely designed ATM card and a host of discounts at selected retailers and restaurants in Kuwait. With these benefits, Red has become the account of choice for students in Kuwait.

To open Red, just visit one of Gulf Bank's 37 branches, call the Bank's hotline on 805805, or come along to Gulf Bank's Red stand at Marina Mall during Eid Al-Adha. You can also log on to www.e-gulfbank.com, Gulf Bank's bilingual website, to find all the answers you need regarding Red or any of the Bank's distinguished products and services.