logo
Pakistani national wins big in UAE weekly lottery draw

Pakistani national wins big in UAE weekly lottery draw

Express Tribune01-03-2025
Listen to article
Two expatriates in the UAE, one from Pakistan and the other from Portugal, have each won AED 250,000 in the Big Ticket weekly e-draw held in Abu Dhabi.
Nadeem Afzal, a UAE resident from Pakistan, purchased his winning ticket, number 272-339880, online. Expressing his excitement, he called the win a life-changing moment.
The second winner, Edward Fernandes, a 58-year-old expatriate from Lisbon, has lived in Dubai for 29 years and has been trying his luck since 2004.
'I don't remember how I first heard about Big Ticket in 2004,' Fernandes said. Despite two decades of attempts, he remained hopeful.
When he received the winning call, Fernandes sensed something special. 'I thought something was there if Richard was calling,' he said.
Fernandes plans to use his winnings to pay off loans and support his son's medical treatment. However, he remains optimistic about future draws.
'I am purchasing lots of tickets even for this month. I have three tickets for March 3. If I win the grand prize, I have so much hope and many dreams,' he added.
Big Ticket draws continue, with tickets available online at www.bigticket.ae or at counters in Zayed International Airport and Al Ain Airport.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dubai gains on strong corporate earnings; oil drags Abu Dhabi
Dubai gains on strong corporate earnings; oil drags Abu Dhabi

Business Recorder

time2 days ago

  • Business Recorder

Dubai gains on strong corporate earnings; oil drags Abu Dhabi

Dubai's main equities index closed higher on Friday, aided by robust corporate earnings and optimism around key talks between U.S. President Donald Trump and Russia's Vladimir Putin over Ukraine, while Abu Dhabi declined on falling oil prices. The White House has said the meeting in Alaska will take place at 11 a.m. local time (1900 GMT), with Trump hoping for a ceasefire agreement on Ukraine. Trump has said a second summit involving Ukrainian President Volodymyr Zelenskiy could follow if the talks go well. Dubai's main index extended gains to second session with index climbing 0.5%, buoyed by the rise in the materials, financial, and industrial sectors stocks. Toll operator Salik Company jumped 3.1%, while Emirates Central Cooling Systems Corp. increased 1.2%. Salik reported nearly 50% increase in its Q2 profit and revenue on Wednesday, while also upgrading its FY25 revenue guidance to 34%-36%. Among the winners, maritime shipping firm Gulf Navigation Holding surged 3.4% following a fourth consecutive profitable quarter. Firm reported Q2 net profit of AED 7.4 Million ($2.01 million). Gulf bourses mixed on weaker corporate earnings, Fed rate cut hopes After reaching a 17-and-a-half-year high in July followed by a brief pullback, the Dubai index is regaining momentum and marching towards the previous peak. However, Abu Dhabi's benchmark index dropped 0.3%, weighed by a 2.1% decline in UAE's third largest lender Abu Dhabi Commercial Bank and a 0.9% fall in Abu Dhabi Islamic Bank. Oil prices - a key catalyst for Gulf's financial market - came under pressure as investors closely watching the upcoming Trump-Putin meeting in Alaska. Brent crude slid 0.8% to $66.34 a barrel by 1134 GMT. 'Any potential easing of US sanctions on Russia could lead to increased Russian crude exports, creating volatility in oil prices, said Osama Al Saifi, Managing Director for MENA at Traze. ------------------------------------ ABU DHABI down 0.3% to 10,222 DUBAI .DFMGI up 0.5% to 6,126 ------------------------------------

Amlak Finance and DEWA Lead Dubai's Recovery; Abu Dhabi edges lower
Amlak Finance and DEWA Lead Dubai's Recovery; Abu Dhabi edges lower

Business Recorder

time08-08-2025

  • Business Recorder

Amlak Finance and DEWA Lead Dubai's Recovery; Abu Dhabi edges lower

The Dubai index ended Friday on a positive note, led by investor optimism that U.S. interest rates could decline further this year, while Abu Dhabi headed in the opposite direction to finish lower. U.S. President Donald Trump said on Thursday he would nominate Council of Economic Advisers Chairman Stephen Miran tofill a vacant seat at the Fed for a few months, while the White House seeks a permanent addition to the central bank's governing board and continues its search for a new chair. Miran holds similar views to Trump, who has berated Chair Jerome Powell for being 'too late' in cutting interest rates, even though growth is holding up and inflation is ticking higher. The Fed's decisions impact monetary policy in the Gulf, where most currencies, including the UAE dirham, are pegged to the U.S. dollar. Dubai's main index rebounded on Friday, recovering from two sessions of losses with the index settling 0.3% higher. Gains were underpinned by a 5.3% surge in Amlak Finance and a 0.6% increase in Emirates Central Cooling Systems Corporation. State-run utility giant Dubai Electricity And Water Authority rose 0.4% after second-quarter net profit jumped more than 25% to 2.26 billion dirhams ($615.3 million). Gulf equities end mixed on corporate earnings; Egypt on new record high By contrast Abu Dhabi's benchmark index slipped 0.1%, weighed down by a 1.2% decline in Sharjah-based Dana Gas and a 2% decline in UAE's largest telecom provider Emirates Telecommunication Group (better known as E&). Dana Gas reported a 12% decrease in its second-quarter net profit to AED 112 million ($30.5 million) on the back of reduced oil production volumes. Losses in the index were offset by a 0.8% rise in hypermarket operator Lulu Retail Holdings and a 1.7% gain in data analytical firm Alpha Data ahead of their earnings next week. Oil - a key contributor to Gulf economies - was stable at 0.69% to $66.89 a barrel by 1140 GMT. ------------------------------------- ABU DHABI down 0.1% to 10,312 DUBAI DFMGI up 0.3% to 6,149 -------------------------------------

Dubai: real estate brokers generate AED3bn in commissions
Dubai: real estate brokers generate AED3bn in commissions

Business Recorder

time28-07-2025

  • Business Recorder

Dubai: real estate brokers generate AED3bn in commissions

Dubai's real estate brokers contributed to the execution of 42,181 transactions, generating commission values exceeding AED3.23 billion in H1 2025, compared to AED1.62 billion in the same period in 2024, the government announced. This was an increase of 99%. Dubai property: preferential rates, priority access for first-time buyers The increase in transaction volume is closely tied to the growing number of real estate brokers registered with the Dubai Land Department, which now stands at 29,577 brokers, including 6,714 new brokers who entered the sector in the first half of 2025. 'This momentum reflects the growing confidence in the profession and its rising role as a key partner in enhancing the attractiveness of real estate investment and guiding investors towards high-potential opportunities,' the government said in a statement. Dubai property: buyers purchase shares in one-bedroom apartment in record time Female participation in the real estate brokerage sector has increased significantly, with 10,100 women now actively working as brokers in the field. They contributed to the execution of 13,424 transactions, generating commission values of nearly AED1.43 billion. 'This reflects the growing influence of women in leading real estate deals, their ability to build strong professional relationships, and their impact on the market's overall dynamism,' the statement added. The government said the role of real estate brokers extends beyond facilitating transactions; they served as a 'vital link' between investors, developers, and buyers, contributing to enhanced transparency and enabling more informed decision-making. Dubai property market 'shatters records' with AED 66.8bn of transactions in May: report The performance of the brokerage and valuation sector is one of the key pillars of Dubai's real estate market, 'reflecting the emirate's vision of fostering an investment environment built on public-private partnerships.' 'By facilitating transactions and deals, professional brokers continue to reinforce investor confidence and contribute to enhancing Dubai's position as a leading global real estate investment destination.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store