Dubai: National Bonds has entered into a partnership with Emirates General Petroleum Corporation (Emarat), aiming to enhance financial security for Emarat employees and their families in the UAE.
The agreement comes as a response to the surging demand from companies in the UAE for a ‘Golden Pension Plan’, which was launched by National Bonds last year, to augment the value of employees’ end-of-service benefits.
Mohammed Qasim Al Ali, Group CEO of National Bonds, said: “This strategic approach aims to actively contribute towards achieving financial prosperity and ensuring a secure future for both UAE citizens and residents by offering them optimal and sustainable solutions and programs.”
Ali Khalifa Al Shamsi, Emarat Director General, added: “Through this partnership, we offer National Bonds services to our employees. We look forward to further cooperation with National Bonds, as a trusted provider of saving and investment solutions, to provide customised programs to our customers across our stations network”.
National Bonds recently launched the ‘Second Salary’ program, a customised savings solution created for UAE residents. Established in 2006, National Bonds is 100 per cent owned by The Investment Corporation of Dubai, the investment arm of Dubai government, and is licensed and supervised by the Securities and Commodities Authority.