Deals of the Week: Jumbo Electronics giving away daily gold



Jumbo Electronics has joined the Dubai Shopping Festival (DSF) giveaway frenzy by offering customers the chance to win gold every day during the month-long event.

For every purchase of Dh300 made at any Jumbo store, customers will receive a raffle coupon for an opportunity to win gold with 64 winners planned over the 32 days of the festival.

DSF, an annual shopping extravaganza that runs from January 5 to February 5, sees stores offering big discounts and dozens of competitions and raffles with up to Dh100 million in prizes.

Other offers mentioned in the Personal Finance section last week include the chance to win one of 32 cars in the Nissan Mega Raffle and a one in 5,000 chance of taking home an Infiniti QX56 model worth Dh350,000 plus Dh100,000 in cash in the Infiniti Mega Raffle. Jumbo Electronics, DSF's key sponsor and one of the nation's leading electronics retailers with 28 stores across the Emirates, will also launch other special promotions during DSF including deals and bundle offers on the latest Sony 3D internet TVs, smartphones and laptops.

"We have also shifted our gadget centric "Unwired" store in the Dubai Mall to a bigger location ahead of the festival to prepare for the large footfall expected during the month," says Nadeem Khanzadah, Head of Retail at Jumbo Electronics.

The retailer recently launched the UAE's first Sony Concept Showroom in its Mall of the Emirates store and has plans to open three more in the UAE next year. The new concept provides customers with a unique destination to explore the complete Sony experience.

For more information go to www.jumbocorp.com

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BlackBerry lovers can make big savings on their phone bills thanks to a new payment plan offer from du.

The Elite Super Plan and Emirati Plans are now available for just Dh55 a month entitling customers to receive 100 free national minutes, 100 free international minutes, 100 free SMS and up to 100 per cent bonus on international calls

After six months, du, which first launched in 2007 and is listed on the Dubai Financial Market (DFM), will increase the Dh55 charge to Dh130 a month.

"It is our objective to constantly surprise our customers - both new and existing - with incredible offers that add even more value to their communications," says Farid Faraidooni, chief commercial officer of du. "BlackBerry with Elite Super or Emirati Plans is an exciting package that combines the existing benefits of our popular Elite Super Plans with the added bonus of a reduced BlackBerry Service charge."

New BlackBerry customers can subscribe to the service by visiting any du Shop or authorised dealer and asking to subscribe to an Elite Super or Emirati Plan.

All customers with an Elite Plan can upgrade to an Elite Super Plan by calling 155 and choosing option 7. To upgrade to the Emirati plan, existing UAE national customers can simply call 155.

For more information, go to www.du.ae.

The most expensive investment mistake you will ever make

When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.

“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.

This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).

Age

$250 a month

$500 a month

$1,000 a month

25

$640,829

$1,281,657

$2,563,315

35

$303,219

$606,439

$1,212,877

45

$131,596

$263,191

$526,382

55

$44,351

$88,702

$177,403

 

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

How to help

Call the hotline on 0502955999 or send "thenational" to the following numbers:

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