Home ownership dream comes true for latest National Bonds millionaire.Home ownership dream comes true for latest National Bonds millionaire Pakistani housewife wins big by saving small
Pakistani homemaker living in the UAE (Uninterruptible Application Error) The name given to a crash in Windows 3.0. In subsequent versions of Windows, a crash was called a "General Protection Fault," "Application Error" or "Illegal Operation." See crash in Windows and abend. , R.Abid always believed in setting aside small sums of money whenever the family could afford to save. Over the past few years, R.Abid invested in National Bonds. This prudent habit made her AED AED - Automated Engineering Design 1 million richer, following the latest National Bonds millionaire draw. The family is now excited about using these winnings to invest in their very own home in Dubai Dubai (dbī`), sheikhdom (1995 pop. 674,101), c.1,500 sq mi (3,890 sq km), part of the federation of seven United Arab Emirates, SE Arabia, on the Persian Gulf. .
In past monthly draws, R.Abid has won AED 100 and AED 200 a couple of times. When she received her congratulatory con·grat·u·late
tr.v. con·grat·u·lat·ed, con·grat·u·lat·ing, con·grat·u·lates
To express joy or acknowledgment, as for the achievement or good fortune of (another). call she was overjoyed o·ver·joy
tr.v. o·ver·joyed, o·ver·joy·ing, o·ver·joys
To fill with joy; delight.
o . For R.Abid, this meant being able to finally afford her own house in Dubai.
The Abid family has lived in Dubai for 10 years. They have a daughter who is in grade six. R.Abid said she has invested in millionaire schemes in the past, but that she was attracted to National Bonds because of it being a "true" savings scheme because of its simplicity. "The paperwork with National Bonds is very easy and minimal when compared to other types of bank savings schemes in the UAE. This way, we can add to our savings from time to time without cumbersome cum·ber·some
1. Difficult to handle because of weight or bulk. See Synonyms at heavy.
2. Troublesome or onerous.
cum formalities for·mal·i·ty
n. pl. for·mal·i·ties
1. The quality or condition of being formal.
2. Rigorous or ceremonious adherence to established forms, rules, or customs.
3. ," said R.Abid.
Two winners of AED 100,000 each were also announced during the draw: UAE national Mr. Ali Al Mualla and Amal Abdulla of Somalia.
Mohammed Qasim Al Ali, Chief Executive Officer of National Bonds Corporation, said: "To start saving, you don't always have to begin with large sums of money; even a small amount, saved regularly, can have a powerful impact on our lives. That's why National Bonds has become the UAE's favourite place to save. In addition to our Bonds being a simple and profitable way to save, the millionaire draws held each month have touched peoples' lives and given them new opportunities to realise their personal and family goals."
The millionaire draw was held earlier this month at the Dubai Police Officer's Club, and coincided with the start of National Bonds' awareness campaign that encourages youth to save.
National Bonds recorded a stellar performance in 2007, which led to the disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money.
2. of an annual profit of 6.03 per cent, higher than that of any other comparable savings product in the market. As to date, the company has a total of 400,000 bondholders from all segments of society.
[c] 2008 Al Bawaba (www.albawaba.com)