Ramadan is a time for giving and a time, it seems, for improving your personal finances. Banks, car dealers, property developers and travel companies are all eager to share in the spirit of the holy month announcing a flurry of offers, deals and better-than-ever interest rates.
This week Baniyas Investment and Development Company announced a reward of gold bars for anyone who snapped up one of their Phase III Bawabat Al Sharq Andalusian villas. The more bedrooms you buy, the more one-ounce bars you get - with a maximum of five dished out on purchase.
Travel companies are offering bargains, both locally and overseas, and the banks have issued a plethora of deals including lower interest rates on personal loans or the option to defer payments.
Car finance has not been ignored, either.
Arabian Automobiles, for example, have a Ramadan offer with special packages on all its Infiniti, Nissan and Renault models bought during the holy month.
Customers buying any of the luxury Infiniti models can enjoy benefits such as zero per cent interest in the first year, a five-year extended warranty on the vehicle and the option to defer the first payment for six months.
So before you rush into any new purchases this month, make sure you check out the Ramadan deals first. You could be onto a winner.
For all the latest deals available during Ramadan, check out the Personal Finance section: www.thenational.ae/lifestyle/personal-finance
