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.
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Can anyone knows the PAN of Karnataka Chief Minister Relief Fund Natural Calamity 2018
I want to download the receipt for my donation of Rs.5000/- made to Chief Minister relief fund Natural calamity 2018 through Online on 29/08/2018 to a/c No.37887098605 in S.B.I vidhanasowda Branch from my SB a/c in Indian Bank. Prashanthnagar Branch
Contribution for Kodagu flood relief
Now there is an option avaliable in Paytm to donate online for Karnataka CM relief fund (Kodagu) . pls find the link below
https://paytm.com/helpinghand/karnataka-cm-relief-fund-natural-calamity-2018-kodagu
I am not able to donate direct online to Chief Minister's calamity Relief Fund through net banking.I have failed in my repeated attempts .Plz let me know.
I wanted to donate to Kerala CM Flood relief and got it done online within 1 minute. I am finding it difficult in Kodagu case. How do I donate online?
I have to donate money to my people
How do I do?
Kodagu Relief donation of Rs 2500/-
i want to donate for kodag flood relief(karnataka)
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