MashreqMillionaire pays tribute to one of the UAE's youngest Millionaires
19 May 2009
6 years old Salim Mubarak wins one million AED in the MashreqMillionaire weekly draw number 14
Six year old Salim Mubarak today was added to the list of the youngest millionaires following the announcement of this week’s AED 1 million draw. To mark this significant day, the MashreqMillionaire team paid a surprise visit to the youngest winner at his house in Abu Dhabi.
“We never expected to win. We purchased one certificate two years ago and totally forgot about it. I was extremely surprised when I saw the management of Mashreq at my door step this morning. It was indeed a pleasant surprise,” said Salem Mubarak, the father of the lucky winner.
In the first quarter of this year, MashreqMillionaire announced the changes in its draws frequency, turning them to weekly draws. MashreqMillionaire has also been simplified as a product. With a new feature of ‘invest today, win tomorrow’, investors do not have to purchase by a certain date and wait for 60 days to qualify for the usual monthly draw. All investors are qualified for the next weekly draw as long as they hold a valid certificate on the day before the draw. This comes alongside Mashreq’s promise to be the most convenient bank in the UAE, while constantly looking at simplifying its procedures to provide value products to all its customers.
“MashreqMillionaire has distributed over AED 295 million in its lifespan of 14 years. It has created over 185 millionaires in this period across all nationalities,” said Omar Salim Asghar – Head of Wealth Management, Mashreq. “Introducing such changes to our draws is part of MashreqMillionaire’s strategy to create solid opportunities to all certificates holders to achieve their dreams and strike it rich.”
“Winning MashreqMillionaire AED 1 million draw is a true blessing in such difficult times. It will surly help pave the way to a better future for my son Salem. MashreqMillionaire is indeed a good saving scheme. I achieved a 1000% return on my investment,” Mubarak concluded.
MashreqMillionaire draws are supervised by the Economic Department - Government of the UAE, to ensure fair and transparent practices and certificates are available at all Mashreq branches, UAE Exchange and Al Ghurair Exchange outlets. Mashreq’s banking customers can also purchase online via www.mashreqbank.com.