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Indian billionaire LuLu Yusuffali gets first UAE Permanent Residency 'Golden Card'

Agencies
June 3, 2019

Dubai, Jun 3: UAE-based businessman, LuLu Group chairman M.A. Yusuffali has become the first expat to get the exclusive Permanent Residency 'Golden Card', Wam reported on Monday.

The Abu Dhabi-based Keralite tycoon is worth $4.7 billion - ranked the richest expat in UAE according to Forbes magazine's 2019 list of billionaires.

The UAE has started issuing the permanent residency documents to select people earlier in May.

Commenting on the honour, the humble tycoon said:

'Obviously a very proud and emotional moment in my life. UAE has been my home for more than 45 years now. Whatever I am today is thanks to this great country, which has given me more than what I can dream of.

To be the first one to receive this great honour is truly a very humbling experience, and I sincerely thank the visionary rulers of this great country. It is their far-sighted vision which has made UAE, one of the most safe, secure, tolerant and developed nations in the world.

I am sure this new Gold Card permanent residency scheme aimed at key investors ,who have played a defining role in the nation building process, will further boost UAE's image as one of key investment & business global hubs as well as attract and retain new investors here.

I see this as an honour not only for me but for the entire expat community from more than 200 countries residing here, for whom UAE has been almost like a second home.'

The new initiative had identified the first 6,800 qualified expats from over 70 countries.

Earlier, over the weekend, ICA and the Ministry of Economy discussed means of cooperation between them in order to enhance opportunities for attracting investors and entrepreneurs in various fields and to promote facilities, which can be provided by both sides in their respective fields of specialization. This in turn would facilitate business conduct and create an investment environment which attracts and encourages business growth and success in the State.

During the meeting, Al Rashidi presented the details stipulated in the Cabinet Decree No. (56) of 2018 concerning the organization of permanent residence permits for investors (Golden Card), entrepreneurs, specialized talents, and other categories included in the Decree and privileges granted to each category and the conditions to be fulfilled by the applicant in order to benefit from these privileges.

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News Network
July 2,2020

Bengaluru, Jul 1: Veteran actor and comedian, Rajagopal, who was known for his outstanding mimicry skills in Sandalwood breathed his last on the night of July 1, that is yesterday. He was one of the favourite comedians among the audiences and is said to have been suffering from kidney and asthma problems.

He passed away at his residence in Bangalore.

The well-recognised comedian has worked in more than 600 movies in his career, along with Tamil movies. The actor was active in the film industry since 1983 and had acted with many stars like Vishnuvardhan, Ambareesh, Prabhakar among others. He is also known for mimicking actress Kalpana's voice very well.

Recently, he also had claimed that new directors, new producers in the Kannada film industry had not been calling veterans to play parts in their movies and preferring fresh talent. He also had been going through a financial crisis due to the lockdown. Rajagopal has also worked in TV serials for some time in his career.  He has acted in super hit movies like, ‘Real Police’, ‘Sadakaru’, ‘Goosi Gang’, ‘Super Police’, and others as well.

The lockdown has seen the demise of many South Indian stars. Chiranjeevi Sarja too passed away last month, leaving the industry in shock. Now, a famous comedian's demise has also saddened the industry further.

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News Network
January 18,2020

Bengaluru, Jan 18: The Karnataka state government has reportedly initiated the process to ban organizations like Popular Front of India (PFI).

State Home Minister Basavaraj Bommai on Friday evening said that instructions have been given to the police and officers concerned to gather information about the activities of such organisations so that necessary inputs can be sent to the Center.

He made it clear that the action would not be limited against PFI and SDFI (Social Democratic Front of India), rather any organisation which is involved in such activities, would meet the same fate.

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News Network
May 8,2020

Mangaluru, May 8: Migrant workers, stranded in Karnataka due to lockdown, staged a protest on Friday at the Central Railway Station here, demanding to be sent back to their respective native places.

The workers demanded the state government to take measures and send them back to their homes.

Maintaining social distancing and covering their faces with masks, the workers were holding placards which read -- "We want to go home Jharkhand, We want justice and we want to go home."

They appealed to the state government to arrange trains and buses to ferry them to their native places and threatened to walk home if denied transport.

Several protests have erupted in different parts of the country, such as Andhra Pradesh and Kerala, as stranded labourers took to the roads demanding to be sent back home.

The Ministry of Home Affairs on May 1 had issued an order to extend the ongoing lockdown by two more weeks from May 4 with some relaxations.

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