Safe and secure avenues to invest in in the UAE in times of high volatility

Amid the high volatility in equity markets in the UAE, small investors, who care about their capital protection, have plenty of options.

The best option for a savings plan is a bank deposit, which gives 1-2 per cent interest rate. In case of a slightly larger time horizon of about a year, there is another category of savings scheme that banks offer with a million dirham prize.

“These include Ghina Savings Account, Al Awwal Savings Certificates, National Bonds and of course the pioneer Mashreq Millionaire. These schemes offer 100 per cent capital guarantee and a chance to win up to Dh2 million dirhams in the grand draw,” Preeti Bhambri, managing director at moneycamel.com, personal finance and property portal, told Gulf News.

Published: Gulf News- April 4,2015

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