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Egyptian hits the jackpot

The 52 year-old Egyptian, who owns a petrochemical company in Cairo with a branch in Dubai, invested in MashreqMillionaire savings certificates following a tip from an Egyptian friend.

“Certainly there is nothing like it at home and as I frequently travel to Dubai on business I thought, why not? It is not like buying lottery tickets as your savings are still safe,” said Maged, adding that the cash windfall will enable to assist some worthwhile charities back in Cairo and he also plans to invest some of the winnings into additional MashreqMillionaire savings certificates.

The other prizes have also proven extremely useful, especially the three-day return trip to Turkey.

He will give the Dh25,000 worth of gold to his wife and install the a wide-screen plasma TV and home theatre system in his home in Cairo. The shopping voucher for Dh10,000 at Jumbo Electronics will be used by him for buying appliances for his home, while the laptop computer will go to the eldest of his two sons. He will use the Nokia Communicator 9300 himself.

Top honours

SHARJAH — Students from the School of Engineering (SOE) at the American University of Sharjah (AUS) have once again outshone their rivals from hundreds of universities around the world to win top honours at one of the most prominent international competitions.

The Sixth Annual Computer Society International Design Competition (CSIDC), organised by IEEE, awarded the Microsoft International Award for Software Engineering to the AUS team for its winning project entitled "ABBAS: Automobile Black Box for Accident Simulation". The award carries a cash prize of $3,000.

The winning team, comprising SOE students Yousef Al Ali, Ghaleb Al Habian, Sadiq Saifik and Sameh Dana, with Dr Mohammad Al Rousan and Dr Abdul Rahman Al Ali as mentors and supervisors, were presented with the award at the CSIDC World Finals ceremony held recently in Washington, D.C.

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