Masoud Talib Al Ali, left, receives his Dh1 million cheque from Mohammed Qasim Al Ali, the chief executive, of National Bonds Corporation PJSC.
Masoud Talib Al Ali, left, receives his Dh1 million cheque from Mohammed Qasim Al Ali, the chief executive, of National Bonds Corporation PJSC.

The missed calls that were worth Dh1 million in the National Bonds draw



DUBAI // Some days, you can’t even give Dh1 million away.

But thanks to the persistence of National Bonds staff, the Emirati businessman Masoud Al Ali is going to have even more to celebrate this National Day.

It took more than three days before Mr Al Ali, who is in the United States, was able to take the call telling him he had won the Dh1m in National Bonds’ monthly draw.

“The first few times I received the call from National Bonds, I was in a meeting,” he said

“Although my secretary told me a CEO was calling, I was unable to answer at the time.

“Later I left the office and my phone’s battery died.”

When the penny dropped, he was ecstatic. He has not yet told his friends but members of his  family were thrilled at the news.

“I still can’t believe I have won,” said Mr Al Ali, who lives in Dubai.

“I have been a bondholder since 2007 and National Bonds has significantly benefited my life by enabling me to build a secure financial future, by helping me to commit to a savings plan.”

He has decided not to make big-spending plans, but to play it safe and think longer term.

“The uncertain economic climate is a big reason to do so,” Mr Al Ali said.

National Bonds is running special promotions to mark National Day and encourage more people to save.

nhanif@thenational.ae

COMPANY PROFILE

Company name: Almouneer
Started: 2017
Founders: Dr Noha Khater and Rania Kadry
Based: Egypt
Number of staff: 120
Investment: Bootstrapped, with support from Insead and Egyptian government, seed round of
$3.6 million led by Global Ventures

Specs

Power train: 4.0-litre twin-turbo V8 and synchronous electric motor
Max power: 800hp
Max torque: 950Nm
Transmission: Eight-speed auto
Battery: 25.7kWh lithium-ion
0-100km/h: 3.4sec
0-200km/h: 11.4sec
Top speed: 312km/h
Max electric-only range: 60km (claimed)
On sale: Q3
Price: From Dh1.2m (estimate)

The specs

Engine: 1.5-litre 4-cylinder
Transmission: CVT
Power: 119bhp
Torque: 145Nm
Price: Dh,89,900 ($24,230)
On sale: now

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

MATCH RESULT

Al Jazira 3 Persepolis 2
Jazira:
Mabkhout (52'), Romarinho (77'), Al Hammadi (90'+6)
Persepolis: Alipour (42'), Mensha (84')

EU's 20-point migration plan

1. Send EU border guards to Balkans

2. €40 million for training and surveillance

3. Review EU border protection

4. Reward countries that fund Balkans 

5. Help Balkans improve asylum system

6. Improve migrant reception facilities 

7. Close gaps in EU registration system

8. Run pilots of faster asylum system

9. Improve relocation of migrants within EU

10. Bolster migration unit in Greece

11. Tackle smuggling at Serbia/Hungary border

12. Implement €30 million anti-smuggling plan

13. Sanctions on transport linked to smuggling

14. Expand pilot deportation scheme in Bosnia 

15. Training for Balkans to deport migrants

16. Joint task forces with Balkans and countries of origin

17. Close loopholes in Balkan visa policy 

18. Monitor migration laws passed in Balkans 

19. Use visa-free travel as leverage over Balkans 

20. Joint EU messages to Balkans and countries of origin

SPECS: Polestar 3

Engine: Long-range dual motor with 400V battery
Power: 360kW / 483bhp
Torque: 840Nm
Transmission: Single-speed automatic
Max touring range: 628km
0-100km/h: 4.7sec
Top speed: 210kph
Price: From Dh360,000
On sale: September

Famous left-handers

- Marie Curie

- Jimi Hendrix

- Leonardo Di Vinci

- David Bowie

- Paul McCartney

- Albert Einstein

- Jack the Ripper

- Barack Obama

- Helen Keller

- Joan of Arc

EMIRATES'S REVISED A350 DEPLOYMENT SCHEDULE

Edinburgh: November 4 (unchanged)

Bahrain: November 15 (from September 15); second daily service from January 1

Kuwait: November 15 (from September 16)

Mumbai: January 1 (from October 27)

Ahmedabad: January 1 (from October 27)

Colombo: January 2 (from January 1)

Muscat: March 1 (from December 1)

Lyon: March 1 (from December 1)

Bologna: March 1 (from December 1)

Source: Emirates

Seemar’s top six for the Dubai World Cup Carnival:

1. Reynaldothewizard
2. North America
3. Raven’s Corner
4. Hawkesbury
5. New Maharajah
6. Secret Ambition

MATCH INFO

Chelsea 1
Alonso (62')

Huddersfield Town 1
Depoitre (50')

What is a Ponzi scheme?

A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.


The UAE Today

The latest news and analysis from the Emirates

      By signing up, I agree to The National's privacy policy
      The UAE Today