Dubai, Mar 3: Abu Dhabi-based Indian retail tycoon MA Yusuff Ali has become the first Indian to receive Saudi Arabia's premium residency, his office said in a statement on Monday.
Yusuff Ali, 64, is the chairman of the LuLu Group, who was ranked the richest expat in the UAE by the Forbes magazine last year.
The permit, informally known as Saudi Green Card, grants expatriates the right to live, work and own business and property in the Kingdom without need for a sponsor, the LULU group said in a statement.
The introduction of the Premium Residency comes as a part of Saudi Arabia's Vision 2030 reform plan, which was announced by Crown Prince Mohammed bin Salman to boost the Saudi economy, the statement said.
Yusuff Ali said "obviously a very proud and humbling moment in my life. This is a great honour not only for me but for the entire Indian expat community and I sincerely thank the HM the King Salman, HRH Crown Prince Mohamed bin Salman and the government of Saudi Arabia."
"@Yusuffali_MA , an investor from India, after obtaining Premium Residency in Saudi Arabia: ''The Kingdom became an attractive investment destination due to the remarkable growth in economy," Premium Residency tweeted on Monday.
Yusuff Ali said he was sure that this new permanent residency initiative will further boost Saudi Arabia's image as one of the key investments and business hubs of the region as well as attract and retain new investors.
This initiative is targeting key investors and prominent personalities from various fields, including sports, arts & culture, who have played a defining role in the nation building process.
The Lulu Group owns and operates more than 35 hypermarkets and supermarkets in Saudi Arabia, which includes ARAMCO Commissaries and National Guards super stores.
Comments
mr.shm oman,indian language starting with ooo nt aaa....ok...and our hindu mantra contains the magical word ooomh...so as you its nt aaa ok its ooo i.e. ooomh for hindus...so our god nt starts with aaa...its starts with ooo....for your kind information this world contains OOO nt aaa....ok....so without....ooo world could not be completed....there is no existence of aaa in this world....ooo contains in world and aaa contains in man only not in women...we hindu so called the world mother.. in mother also ooo your aaa is missing....and mother gives birth to a man...here your aaa...so your aaa is child of ooo...get it....we hidus dnt know when our god bramha bisnu maheswar took birth....bt you knw the date of birth of your god...so world comes first dn women dn women gives birth to man i.e. ooo gives birth to aaa.omh namo basudevai,om namo sivai,om namo brahmhai....our chants starting with ooo...and recent research said that it increase metabolic activity of human body
Mr Zakir Naik,
As you says In Islam all Muslim Pray to Only Allah (One God), then why there are different mosques for Shia & Sunni? they should go to one mosque right?
Secondly, if Muslim Marry to Hindu & Muslim girl ( two wife ) will go to hell or is it accepted in Islam
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