Minister U T Khader’s daughter Hawwa Naseema to represent India at Dubai Int’l Quran Contest

coastaldigest.com web desk

October 31, 2018

Dubai/Mangaluru, Oct 31: Hawwa Naseema, the only daughter of Karnataka Minister for Urban Development and Housing, will be representing India in the 3rd edition of the Sheikha Fatima Bint Mubarak International Holy Quran Competition to be held from November 4 to 16 as part of Dubai International Holy Quran Award (Dihqa).

The 13-year-old girl, who aspires to become an Islamic scholar, has the distinction of being one of the few girls in coastal Karnataka to memorize the entire Quran. It is learnt that she is the only India girl to be selected for the contest. She is expected to fly to Dubai from Bengaluru’s Kemegowda International Airport on November 3 along with her father.

So far, over 70 countries and foreign communities from around the world have confirmed participation in the global competition annually held under the auspicious sponsorship of Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Ibrahim Mohamed Bu Melha, Adviser to the Ruler of Dubai for Cultural and Humanitarian Affairs and Head of Dihqa Organising Committee said that this year the number of participants has gone up in view of the sweeping success of the last two editions of the international competition which witnessed a huge participation from full Quran female memorizers worldwide.

As was the case in the last two years, all competitors need to first clear initial qualifying tests to take the stage in public, he added.

The organizing committee, following a special nationwide contest earlier announced on the internet, has picked up a brilliant female memorizer to represent the UAE in the competition, Bu Melha stated.

The competition is a part of substantial efforts of UAE to serve the religion and support and encourage female Muslims to recite and memorise the holy verses. The competition has become an annual event which attracts female participants from all over the world.

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ma sha Allah...all the best

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'NMC board, management should be held accountable'

April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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Udupi DC warns people of caning if they venture out on Sunday

coastaldigest.com news network

May 23,2020

Udupi, May 23: Issuing a stern warning to people against venturing out unncessarily 7:00 pm on May 23 and 7:00 am on May 25, Udupi deputy commissioner G Jagadeesh said that those who violate the lockdown norms will face punishment.

“Lockdown should be observed strictly across Udupi district. If anyone is found roaming around, we will not speak, but our batons will”, he said in a press meet here today.

He suggested the people to buy all necessary things for 36 hours of total lockdown before 7 p.m. today.

Chief Minister has already clarified that a complete lockdown would be observed in the State on every Sunday. Only the medical shops, newspaper delivery, milk parlours will be permitted to function. Vehicular movement has also been restricted during this period, he said.

If marriages have been scheduled already on Sunday, they will be considered as a special case. However, prior permission is must for scheduled weddings, he said.

Udupi SP N Vishnuvardhan and ZP CEO Preethi Geholot CEO ZP were also present.

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