National Bonds and noqodi Join Forces to Foster a Culture of Savings in the UAE
Dubai – UAE, 24 August 2023
With the aim of offering new solutions and advancing the savings culture in the UAE, National Bonds, a savings and investment company, has recently signed an agreement with noqodi, a fintech company fully owned by emaratech Group. The collaboration enables noqodi users to directly buy savings bonds from National Bonds, using a robust payment solution integrated with a digital wallet.
Through this partnership, noqodi becomes an additional channel for saving bonds purchases, aligning with National Bonds’ commitment to providing UAE citizens and residents with savings and investment solutions, and catering to varied financial needs, by consistently developing flexible programs and offering innovative initiatives. This partnership exemplifies National Bonds’ dedication to offering diverse avenues for all segments of the UAE population to embark on their savings journey.
Mohammed Qasim Al Ali, Group Chief Executive Officer of National Bonds, commented: “At National Bonds, our mission revolves around empowering both nationals and residents of the UAE to take charge of their financial future. As part of this endeavor, we are dedicated to delivering convenient and accessible services that grant easy access to National Bonds’ savings and investment solutions. Our partnership with noqodi represents a major leap towards achieving this goal.”
Zahi Kallab, General Manager of noqodi said: “Through our collaboration with National Bonds, we are delighted to offer a seamless pathway for individuals and corporations across the UAE to invest in their dreams. This collaboration not only simplifies the process of buying saving bonds but also exemplifies our commitment to empowering the UAE community with innovative financial tools. Together we are shaping a future where securing your financial aspirations is both technologically efficient and rewarding”.
National Bonds provide corporations, UAE nationals, and expatriates with an opportunity to build and fortify their savings safety net. It also allows them to invest in programs that offer competitive returns. In addition, the organization’s rewards program is the largest in the country, offering a staggering AED 35 million in prizes and further rewarding customers based on their savings behavior.
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About National Bonds Corporation PSC
National Bonds Corporation is a Shari’a-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 Dubai Government Audit Department, Shari’a 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 a disciplined savings habit for people across the 7 Emirates, in line with the UAE Government Vision for a financially secure and sustainable future. National Bonds offers an exciting AED 35 Million Rewards Program to all savers, with monthly and quarterly prizes ranging from AED 1 million to various luxury cars. www.nationalbonds.ae.
About noqodi:
noqodi is a fintech company fully owned by emaratech, part of the Investment Corporation of Dubai, and regulated by the UAE Central Bank. Itis a powerful comprehensive payment solution built around fully digital account management, used to pay and also accept payments. Users can leverage any of our connected channels including noqodi own wallet (stored value), credit card, bank transfer, direct online banking), or even kiosks and exchange houses, to top-up their wallet (e-cash).
noqodi empowers a wide numbers of government entities and private merchants, who benefit from a unique integration to offer their customers any of many payment options available, and who can leverage all value-added services through our web portal or mobile app.
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