Latest news with #RehabLootah
Hi Dubai
14-05-2025
- Business
- Hi Dubai
National Bonds Expands Young Investor Programme to 50 Schools Across UAE
National Bonds has announced the nationwide expansion of its Young Investor Programme, aiming to reach 50 schools and engage 75,000 students across the UAE over the next three years. In partnership with the Knowledge Fund Establishment, the initiative builds on the success of its pilot phase launched in 11 Dubai schools, where it received strong support from students, parents, and educators. The programme blends theoretical learning with real-world financial applications, encouraging students to explore saving strategies, investment tools, and entrepreneurship. Over the coming years, participating students will be challenged to develop small-scale investment or business projects. Selected initiatives will undergo feasibility evaluations, with standout proposals receiving support and recognition to help bring them to life. As part of the programme, high school students recently attended hands-on workshops at National Bonds' headquarters, covering topics such as budgeting, market research, customer service, data analysis, and communication. A new group of Grade 11 and 12 students is expected to join during the upcoming summer break. The curriculum, originally designed for students in Grades 5 and 6, is being updated to reflect evolving financial trends, incorporating modules on artificial intelligence, digital currencies, and everyday money management. Rehab Lootah, Group Deputy CEO of National Bonds, said the pilot outcomes surpassed expectations, highlighting the programme's role in building financial confidence among youth. Ohood Al Ichlah from the Knowledge Fund Establishment echoed the sentiment, calling financial literacy a 'cornerstone of future success.' Launched in early 2024, the Young Investor Programme aims to instil a savings mindset while equipping students with the skills to make informed, responsible financial decisions for the future. News Source: Emirates News Agency
Hi Dubai
19-02-2025
- Business
- Hi Dubai
National Bonds Survey Reveals Retirement Planning as UAE's Top Financial Priority
National Bonds, the UAE's leading Sharia-compliant savings and investment company, has unveiled the results of its latest annual survey, reaffirming that retirement planning remains the top financial priority for the second consecutive year. The findings highlight a growing awareness of financial stability, with early financial planning and disciplined saving strategies taking center stage. The survey revealed that 40% of respondents are on track to achieving their 2024 financial goals, while 45% have partially met their targets. Looking ahead, confidence in financial aspirations for 2025 varies, with 36% of participants expressing complete confidence in reaching their objectives. Notably, younger generations are demonstrating increasing financial awareness, as 40% of Generation Z and 36% of Millennials reported confidence in achieving their financial goals, compared to 32% of Generation X. A gender-based analysis showed that 42% of men reported being on track with their financial goals, compared to 33% of women. However, women displayed a stronger inclination toward seeking professional financial advice, with 78% open to financial guidance or planning tools, compared to 76% of men. Both groups, however, prioritized increasing savings and retirement planning as key financial goals. Among the survey's key insights, Emiratis showed a higher tendency (94%) to consult financial advisors or use financial planning tools compared to 77% of expatriates. Rising living costs and unforeseen expenses emerged as the primary obstacles to financial goal attainment. Rehab Lootah, Group Deputy CEO of National Bonds, stated, 'This year's survey reflects a growing commitment to financial stability, particularly in retirement planning. Our innovative financial solutions, such as the 'Second Salary' savings plan and 'My One Million,' are designed to help individuals secure their financial future.' National Bonds continues to encourage savings through its AED 36 million annual rewards programme, offering substantial incentives, including luxury cars and cash prizes, to reinforce the importance of financial discipline. As part of its mission, the company is set to launch a free financial advisory service to provide expert guidance to those seeking to strengthen their financial future. News Source: Emirates News Agency
Zawya
19-02-2025
- Business
- Zawya
National Bonds: Retirement planning remains top financial goal
DUBAI: National Bonds, the UAE's leading Sharia-compliant savings and investment company, has released the results of its annual survey aimed at highlighting savers' financial aspirations, revealing that retirement planning remains the top financial priority for the second consecutive year. Increasing savings and setting aside funds for high-value purchases such as a home or a car also ranked high among respondents, highlighting the growing awareness of the importance of early financial planning and disciplined smart saving strategies. According to the survey, 40% of respondents reported being on track to meeting their 2024 financial goals, while 45% stated they had partially achieved their targets. Confidence levels regarding financial plans for 2025 varied, with 36% expressing complete confidence in reaching their financial aspirations. Meanwhile, younger generations are demonstrating increasing financial awareness, with 40% of Generation Z and 36% of Millennials expressing confidence in reaching their financial goals, compared to 32% of Generation X. Findings also show that 42% of males reported being on track to achieving their financial goals compared to 33% of females, women showed a stronger inclination to seek professional financial advice, with 78% open to financial guidance or use financial planning tools compared to 76% of men. Despite this both groups prioritized increasing their savings and planning for retirement as key financial goals. Furthermore, 94% of Emiratis were more inclined to consult financial advisors or use financial planning tools compared to 77% of expatriates. The survey also sheds light on the key challenges that individuals face in achieving their financial goals, with the rising cost of living and unexpected expenses cited as the primary obstacles. Rehab Lootah, Group Deputy CEO of National Bonds, emphasised, 'The results of this year's survey reflect a growing commitment among individuals to achieving financial stability, particularly in retirement planning. This aligns with National Bonds' mission to empower the community by offering innovative financial solutions that help customers turn their aspirations into reality, such as 'Second Salary' savings plan designed to help UAE nationals and expatriates build a supplementary retirement income, while 'My One Million' enable individuals to accelerate their journey toward AED 1 million in savings and cumulative profits.' She added, 'At National Bonds, we remain dedicated to fostering a strong savings culture in the UAE by providing tailored solutions that support individuals at every stage of their financial journey. In line with survey findings, we are excited to soon launch a free financial advisory service, ensuring expert guidance is accessible to anyone seeking to strengthen their financial future.' National Bonds continues to reward savers through its exclusive rewards programme, featuring an annual prize pool of AED36 million. The programme includes quarterly draws totalling AED8 million awarded to eight lucky UAE national and resident savers, 16 luxury cars, and a range of other exciting incentives designed to encourage consistent saving and financial discipline.
Emirates 24/7
18-02-2025
- Business
- Emirates 24/7
National Bonds Survey: Retirement Planning Remains the Top Financial Goal for the Second Year in a Row
40% of respondents report being on track to achieving their 2024 financial goals. Financial confidence is growing across generations, with 40% of Generation Z and 36% of Millennials feeling optimistic about meeting their financial targets, compared to 32% of Generation X. National Bonds, the UAE's leading Sharia-compliant savings and investment company, has released the results of its annual survey aimed at highlighting savers' financial aspirations, revealing that retirement planning remains the top financial priority for the second consecutive year. Increasing savings and setting aside funds for high-value purchases such as a home or a car also ranked high among respondents, highlighting the growing awareness of the importance of early financial planning and disciplined smart saving strategies. According to the survey, 40% of respondents reported being on track to meeting their 2024 financial goals, while 45% stated they had partially achieved their targets. Confidence levels regarding financial plans for 2025 varied, with 36% expressing complete confidence in reaching their financial aspirations. Meanwhile, younger generations are demonstrating increasing financial awareness, with 40% of Generation Z and 36% of Millennials expressing confidence in reaching their financial goals, compared to 32% of Generation X. Findings also show that 42% of males reported being on track to achieving their financial goals compared to 33% of females, women showed a stronger inclination to seek professional financial advice, with 78% open to financial guidance or use financial planning tools compared to 76% of men. Despite this both groups prioritized increasing their savings and planning for retirement as key financial goals. Furthermore, 94% of Emiratis were more inclined to consult financial advisors or use financial planning tools compared to 77% of expatriates. The survey also sheds light on the key challenges that individuals face in achieving their financial goals, with the rising cost of living and unexpected expenses cited as the primary obstacles. Rehab Lootah, Group Deputy CEO of National Bonds, emphasized: 'The results of this year's survey reflect a growing commitment among individuals to achieving financial stability, particularly in retirement planning. This aligns with National Bonds' mission to empower the community by offering innovative financial solutions that help customers turn their aspirations into reality, such as 'Second Salary' savings plan designed to help UAE nationals and expatriates build a supplementary retirement income, while 'My One Million' enable individuals to accelerate their journey toward AED 1 million in savings and cumulative profits.' She added: 'At National Bonds, we remain dedicated to fostering a strong savings culture in the UAE by providing tailored solutions that support individuals at every stage of their financial journey. In line with survey findings, we are excited to soon launch a free financial advisory service, ensuring expert guidance is accessible to anyone seeking to strengthen their financial future.' National Bonds continues to reward savers through its exclusive rewards program, featuring an annual prize pool of AED 36 million. The program includes quarterly draws totalling AED 8 million awarded to eight lucky UAE national and resident savers, 16 luxury cars, and a range of other exciting incentives designed to encourage consistent saving and financial discipline. Follow Emirates 24|7 on Google News.
Zawya
18-02-2025
- Business
- Zawya
National Bonds survey: Retirement planning remains the top financial goal for the second year in a row
Financial confidence is growing across generations, with 40% of Generation Z and 36% of Millennials feeling optimistic about meeting their financial targets, compared to 32% of Generation X. Dubai, United Arab Emirates: National Bonds, the UAE's leading Sharia-compliant savings and investment company, has released the results of its annual survey aimed at highlighting savers' financial aspirations, revealing that retirement planning remains the top financial priority for the second consecutive year. Increasing savings and setting aside funds for high-value purchases such as a home or a car also ranked high among respondents, highlighting the growing awareness of the importance of early financial planning and disciplined smart saving strategies. According to the survey, 40% of respondents reported being on track to meeting their 2024 financial goals, while 45% stated they had partially achieved their targets. Confidence levels regarding financial plans for 2025 varied, with 36% expressing complete confidence in reaching their financial aspirations. Meanwhile, younger generations are demonstrating increasing financial awareness, with 40% of Generation Z and 36% of Millennials expressing confidence in reaching their financial goals, compared to 32% of Generation X. Findings also show that 42% of males reported being on track to achieving their financial goals compared to 33% of females, women showed a stronger inclination to seek professional financial advice, with 78% open to financial guidance or use financial planning tools compared to 76% of men. Despite this both groups prioritized increasing their savings and planning for retirement as key financial goals. Furthermore, 94% of Emiratis were more inclined to consult financial advisors or use financial planning tools compared to 77% of expatriates. The survey also sheds light on the key challenges that individuals face in achieving their financial goals, with the rising cost of living and unexpected expenses cited as the primary obstacles. Rehab Lootah, Group Deputy CEO of National Bonds, emphasized: 'The results of this year's survey reflect a growing commitment among individuals to achieving financial stability, particularly in retirement planning. This aligns with National Bonds' mission to empower the community by offering innovative financial solutions that help customers turn their aspirations into reality, such as 'Second Salary' savings plan designed to help UAE nationals and expatriates build a supplementary retirement income, while 'My One Million' enable individuals to accelerate their journey toward AED 1 million in savings and cumulative profits.' She added: 'At National Bonds, we remain dedicated to fostering a strong savings culture in the UAE by providing tailored solutions that support individuals at every stage of their financial journey. In line with survey findings, we are excited to soon launch a free financial advisory service, ensuring expert guidance is accessible to anyone seeking to strengthen their financial future.' National Bonds continues to reward savers through its exclusive rewards program, featuring an annual prize pool of AED 36 million. The program includes quarterly draws totalling AED 8 million awarded to eight lucky UAE national and resident savers, 16 luxury cars, and a range of other exciting incentives designed to encourage consistent saving and financial discipline. About National Bonds Corporation Sole Proprietorship PSC: National Bonds Corporation is a Sharia-compliant savings and investment company owned by the Investment Corporation of Dubai, established in 2006. It is licensed and supervised by the Securities and Commodities Authority and is audited by the Dubai Government Audit Department, Sharia Supervisory Board as well as reputable International external auditors. The company provides UAE nationals, UAE residents, and non-residents with an opportunity to build and fortify their savings safety net, as well as invest in programs that offer competitive returns with lower risk. Its goal is to encourage disciplined savings habits for people across the 7 Emirates, in line with the UAE Government's Vision for a financially secure and sustainable future. National Bonds offers an exciting AED 36 Million Rewards Program to all savers, with monthly and quarterly prizes ranging from AED 1 million to various luxury cars.
