UAE | General

Emirati woman becomes millionaire at the age of 75

A 75-year-old grandmother became a millionaire, thanks to National Bonds.

  • Staff Report
  • Published: 15:22 February 14, 2008
  • Gulf News

  • Image Credit: Supplied Picture
  • Ali Moussa Al Khamiri (from left), the millionaire’s son and his family, with Mohammad Qasim Al Ali, CEO of National Bonds Corporation.

Dubai: A 75-year-old grandmother became a millionaire, thanks to National Bonds.

Grandma's wisdom never fails and Suhaila Ahmad Al Shaikh Salem has proved it once again.

The Emirati woman is the winner of the grand prize of Dh1 million in the 22nd monthly draw of National Bonds, the Sharia compliant national savings scheme of the UAE.

The grandmother bought National Bonds after her grandsons told her about the savings scheme.

"I found the savings scheme very attractive. Ever since I heard about it I have been advising my friends and relatives to invest in National Bonds," the winner said.

Crackdown

Passports seized in Dish TV crackdown

Dubai airport

Swords, knives, fake guns seized in Dubai

India-Pakistan

New visa rules thrill cross-border couples

Community Reports

More from Community Reports

Gallery

A pick of the best pictures taken by readers

Video

In the lanes of Deira Spice Souq