One lucky bond holder poised to become a millionaire
Under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum
National Bonds Corporation (NBC) today announced that the first National Bonds draw will be held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum - UAE Vice President and Prime Minister and Ruler of Dubai - on Saturday 6th May at Dubai Financial Market at 7pm. The draw, which will be attended by official dignitaries, will see NBC award prizes to lucky bond holders worth a staggering AED 4 million.
While there can only be one millionaire winner, NBC will give away a total of 16,318 prizes to randomly selected bond holders over the course of Saturday's draw. The unique Shari'a compliant saving scheme has received over 70,000 applicants since it was launched on 18th March 2006.
Nasser Al-Shaikh, Vice Chairman and CEO of National Bonds Corporation commented, "National Bonds are a global first. No other savings scheme is Shari'a compliant while offering savers reasonable annual returns and the unique opportunity to win thousands of prizes. I wish all National Bond holders the best of luck and hope that Saturday's draw is the start of a long term savings plan for all those who have invested in National Bonds."
The winning bond numbers will be generated randomly by a standalone computer, after which they are compared in the order they were chosen against all eligible Bond numbers - those that match win a prize. Because the numbers are produced entirely at random, each AED 10 Bond has a separate and equal chance of winning one of the 16,318 prizes. The draw is conducted by NBC under the supervision of the Dubai Department of Economic Development and observed by independent international auditors Ernst and Young.
National Bonds winners will be instantly notified via sms after the draw with news of their winning bond numbers, while all 16,318 winning bond numbers will be available on the National Bonds website, www.nationalbonds.ae, under the Bond Tracker section, just two hours after the draw. The winning Bond numbers will also be announced to the public on Monday 8th May in a local Arabic newspaper and a local English newspaper with prizes also announced on selected radio and TV stations.
Those who have not yet started to save with National Bonds need not miss out in the future as National Bonds draws take place on the first Saturday of every month.
In addition to the excitement of the first draw, National Bonds are holding a series of fun events at seven shopping malls in Abu Dhabi, Dubai, Sharjah, Ajman and Al Ain on the 6th of May. Inspired by the popular monopoly game, National Bonds have devised 'Bondopoly' which brings to life the favourite family board game by inviting shoppers to make their way round the board, passing landmarks such as the Sharjah Blue Souk, Um Al Quwain and Emirates Road. Players have the opportunity to win a variety of National Bonds prizes along the way.
To take part in Bondopoly participants are advised to visit the following malls between 12 noon and 8pm: Abu Dhabi Marina Mall, Mall of the Emirates, Deira City Centre, and Lamcy Plaza, Sharjah Mega Mall, Ajman City Centre and Al Ain Mall.
-Ends-
About National Bonds Corporation
National Bonds Corporation is a private shareholding company. Established in Dubai, UAE in March 2006 National Bonds Corporation is licensed to operate throughout the UAE.
A new initiative, National Bonds Corporation is owned by Dubai Bank, Dubai Holding and Emaar Properties. National Bonds are a Shari'a compliant product with a dedicated Fatwa and Shari'a Supervisory Board to oversee all financial aspects including product related operations and investments.
For more information please contact:
For more information please contact
Linsey Worgan/Claire Liddell,
G2 PR Department
Tel: 04 3310331
Fax: 04 3310553
email: linsey.worgan@g2dubai.com / claire.liddell@g2dubai.com
© Press Release 2006
