Third time lucky for Dubai Bank millionaire

Published March 17th, 2010 - 09:38 GMT

Having already won two Kunooz daily draws worth AED 10,000 in the past twelve months, young real estate professional Yousif Al Mazam had almost lost hope of winning the big ticket monthly draw. However, in an instance of the proverbial “third time lucky,” Al Mazam was informed earlier this month that that he had been chosen as winner of Dubai Bank’s million dirham Kunooz cash prize draw for the month of March.

Al Mazam, an Emirati national, began investing with Dubai Bank’s Kunooz Value Plus account in early 2009 after being attracted to the bank’s unique benefits and offers. “Since I first learned about it, Kunooz interested me as a distinctive savings product. As I started saving with Kunooz, I realised that it not only provides the safety and security of a traditional savings instrument, but also offers the opportunity to earn benefits and rewards on a daily basis.”

The 34-year old feels he is now closer to accomplishing his long-standing dream of home-ownership in Dubai, courtesy his Kunooz account. “I have been keen to build an independent home in Dubai and, as a Kunooz winner, I can now pursue this dream. I am extremely grateful to the Bank for empowering me and for creating this exceptional savings and investment platform.

“This win has further encouraged me to save and to channel my savings in such dynamic schemes and products, as Kunooz,” says Al Mazam, who enjoys soccer and fishing in his free time.

Al Mazam was awarded his cheque by Tariq Al Farsi, Head of Branches at Dubai Bank.

Speaking on behalf of Dubai Bank, Al Farsi said: “Month after month, Dubai Bank has continued to grow its Kunooz customer base and enabled its customers to achieve more from their savings. The appeal of Kunooz is pervasive in that it addresses the savings needs of the vast majority of our customer base. The Kunooz line of products was developed as a secure and flexible platform to enable our customers to derive optimum returns from their savings in a prudent and Sharia-compliant manner. We are confident of growing our family of Kunooz account holders in 2010, and continue to be a catalyst in achieving their personal finance goals.”

Under the Kunooz monthly cash prize promotion, each multiple of AED 1,000 deposited in the Kunooz Account qualifies the customer for multiple entries into the draw for daily cash prizes of AED 30,000. For every multiple of AED 5,000 deposited, account holders become eligible for entry into the monthly grand prize draw of AED 1 million. The programme also offers participants the possibility to win more than once.

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