UAE: Remit money for a chance to win 1 kg gold, luxury cars through Abu Dhabi exchange firm

  • Date: 21-Dec-2022
  • Source: Khaleej Times
  • Sector:Financial Markets
  • Country:UAE
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UAE: Remit money for a chance to win 1 kg gold, luxury cars through Abu Dhabi exchange firm

The grand prize will be for half-a-kg-gold; 25 people will get 8gm and 75 others can win 4gm each

Published: Wed 21 Dec 2022, 3:45 PM Last updated: Wed 21 Dec 2022, 4:39 PM

Abu Dhabi-headquartered Ahalia Exchange, a money transfer and exchange company, is offering one kilogram of gold and ten luxury cars as lucky draw prizes through its winter promotion campaign.

Expatriates who remit money home through any of its 30 branches across the UAE will get a coupon each to enter the raffle and electronic draws to be held in Dubai next year. The ‘Ahalia Exchange Winter Promotion’ period starts on Thursday, December 22 and runs till April 20, 2023.

“Ahalia Exchange started operations in 1996. Over the past several years, we have organised many such activities to build a strong relationship with customers,” Santosh Nair, senior marketing manager, said during a press conference.

Nair stressed that remittance flow had seen an uptick in the past several months, which is good news for the vast expatriate population, especially blue-collar workers.

“We expect most currencies to remain weak against the US dollar, which means the rates you see, like the Indian rupee at 22.5 against a dirham, are expected to continue for some time