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Al Hilal Bank reveals strategic partnership with Etihad

Al Hilal, an Islamic banking, has announced a deal that makes Etihad Airways one of its first strategic airline partners.

  • Staff Report
  • Published: 15:56 September 7, 2008
  • Gulf News

Abu Dhabi: Al Hilal, an Islamic banking, has announced a deal that makes Etihad Airways one of its first strategic airline partners.

The partnership marks Al Hilal's entry into the Islamic banking sector as a major player within just a few months since the bank started its operations, as it aims to enhance its contribution to the UAE economy.

"We are pleased to announce our partnership with Etihad Airways," said Mohamed Jamil Berro, CEO, Al Hilal Bank. "Having cemented our relationship with a company that is already known for its progressive and industry-changing practices, we feel it particularly appropriate that Etihad Airways is one of our first airline customers."

"This agreement is an ideal step forward on our path to become a critical player in the growth and economic development of the UAE," continued Berro.

Al Hilal Bank has already established itself as a key player in the local financial sector and has partnered with a number of strategically significant institutions and government bodies within the UAE.

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