Kuwait, 30 May, 2007:  Gulf Bank's Red student customers holding a minimum deposit of KD 50 will be eligible to win a holiday for two to El Gouna, the Red Sea's premier leisure destination.

All eligible Red customers will be automatically entered in the prize draw to be held on June 13th, 2007. The winner will receive two return tickets to El Gouna and a four night/three day stay at the luxurious M"venpick Hotel Resort and Spa El Gouna.

El Gouna boasts a multitude of attractions from snorkelling and diving to windsurfing, waterskiing and many other water sports. An 18-hole USPGA golf course and go-kart track are also within easy reach of the resort, making it a perfect summer getaway.

"The El Gouna holiday is just one of eleven exciting travel packages we are offering our Red customers this year," said Ebtihaj Al Roumi, Youth Manager for Gulf Bank. "In 2007, we have already sent lucky Red prize winners to destinations such as the Austrian ski fields, Hong Kong, Sharm El Sheikh and the Formula 1 Grand Prix in Bahrain.

"We"re giving our customers extraordinary experiences that they will remember for the rest of their lives," Ebtihaj Al Roumi continued. "It's no wonder that Red has become the most popular banking programme among Kuwait's university and college students.

"It's not too late to make sure that you are eligible to win. Just remember to keep a minimum deposit of KD 50 in your Red account and you will automatically enter the monthly draw."

Red is a specially designed university and college student programme that complements the lifestyle of young Kuwaitis. With no parental signature required, Red customers can stay in control of their finances. Students can choose between an interest bearing Savings Account or a non interest bearing Current Account with no minimum balance requirements.

To find out more about Red or any of Gulf Bank's distinguished products and services, just visit one of Gulf Bank's 38 conveniently located branches or call the Bank's hotline on 805805. Customers can also log on to www.e-gulfbank.com, Gulf Bank's bilingual website, for more information.