Noor Islamic Bank Signs Agreement with flydubai to Facilitate Payments for Flight Bookings

Dubai-UAE: 18 September, 2011 - Noor Islamic Bank has signed an agreement with flydubai, Dubai's leading low-cost airline, to enable travellers to make payments through the bank's multiple easy-to-use payment channels available throughout the UAE.

flydubai customers will be able to pay for their flight bookings at the designated Noor Islamic Bank branches during working hours, or 24 hours a day through the bank's online banking system. Existing Noor Islamic Bank card customers can also redeem Noor Points for flydubai vouchers, which can be used to purchase flights and other ancillary products and services.

The new facility enhances the wide range of value-added transactional banking solutions which Noor Islamic Bank offers to corporate and non-corporate customers.

The agreement was signed by Hussain AlQemzi, CEO of Noor Islamic Bank, and Ghaith Al Ghaith, CEO of flydubai, at the flydubai headquarters.

AlQemzi said: "We see this partnership as a key collaboration between two partners with promising growth goals. This partnership is yet another example of Noor Islamic Bank's commitment to providing customized, Sharia compliant financial solutions to our corporate clients. We will continue to develop and strengthen our affiliation with flydubai on various other projects with an aim to achieving a long-term relationship."

Commenting on the new agreement, flydubai CEO Al Ghaith said: "Convenient ways to book and pay for flights and continuously improving the passenger experience are some of flydubai's ongoing aims. This new around-the-clock payment system from Noor Islamic Bank will bring us even closer to this goal while also allowing more people access to our everyday low fares through the voucher redemption system."

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About Noor Islamic Bank
Established in 2008 in Dubai, Noor Islamic Bank is a full service bank delivering the broadest range of products for its customers, with an emphasis on unique and personalized services. Noor Islamic Bank's products and services are governed by a Shari'a Board, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters. Noor Islamic Bank has locations across the UAE in the Emirates of Abu Dhabi, Dubai, and Sharjah. For further details, please visit: www.noorbank.com or call 800NOOR (6667).

About flydubai:
Established in March 2008, flydubai is Dubai's first low-cost airline and the fastest growing start-up airline in the world. Since commencing operations in June 2009, the airline has established an operational route network of 38 destinations across GCC, Middle East, North Africa, Indian Sub-Continent, Asia and the fringes of Europe and has built up a fleet of 18 aircraft. Owned by the government of Dubai, the low-cost carrier supports the city's commercial and tourism sectors by serving all travellers and providing them with affordable air links to a range of destinations. The airline is dedicated to quality service and comfortable travel, lowering costs by optimising operational efficiencies and offering the passenger more choice.

For more information about flydubai services, please visit flydubai.com or contact the call centre (+9714 301 0800) or travel partners.

For media enquiries, please contact:
Malcolm Ward
Senior Consultant
APCO Worldwide
Tel: +9714 3613576
Mob: +97150 634 6539
Email: mward@apcoworldwide.com

Heather Astbury,
PR Manager for flydubai at Mobile: (+971) 50 950 8420;
Email: heather.astbury@flydubai.com

Meabh O'Reilly,
DABO & CO at Mobile (+971)50 915 5735;
Email: meabh.o@daboandco.com