Beyond Remittance: NRI Conference begins today in Kuwait

[email protected] (S M Farooq)
February 9, 2012

kuwaitcity

Kuwait City, February 9: the first Middle East NRI conference based on a theme “Beyond Remittance: Can an ordinary NRI save for his retirement” will begin in Kuwait on Thursday at Hotel Ramada International Reggae.

The event organized by Kuwait Kerala Muslim Association (KKMA) and the Foundation for Enhancing Expatriates Life (FEEL) along with State Bank of Travancore (SBT) would focus and explore different ideas and characteristics of savings products that can facilitate the commitment to save by lower income group of NRIs; and how government can participate in such ventures.

The Beyond Remittance Conference is expected to come up with a set of recommendations to improve the impact of remittances by encouraging saving and investment habits among NRIs. The conference shall help identifying key issues and make appropriate recommendations for action by the government authorities, financial institutions and organizations for developing savings schemes aimed at NRI rehabilitation and retirement income.

The two-day Conference will begin today with an Experts Dialogue session participated by financial experts, business executives and social leaders will be conducted to review the role of government, financial institutes and social welfare organizations in fostering financial inclusion of lower income NRIs. On Friday, the Ambassador of India Shri Satish C. Mehta will inaugurate the first ever NRI Conference discussing savings issues of lower income groups of Non Resident Indians. Featuring expert speakers from government, finance and social sectors and 500+ delegates, this is a unique opportunity for social leaders to gain invaluable insights into the financial concerns of ordinary NRIs and explore possibilities to assist them in securing their future.

Mr. M.M. Hasan, former minister for NRI Affairs in Kerala State, Padmashree holders of government of India Dr. Azad Moopen and CK Menon, NORKA Roots CEO Mr. Noyal Thomas, Managing Director of State Bank of Travancore, Mr. Nandakumaran P., SBT’s Chief Manager for International Banking Business Mr. Jyothish Kumar, UAE Exchange Company’s chief operating officer Mr. Sudhir Shetty, Mr. Pramod Mangatta, Global Operations Vice President along with prominent business and community leaders from Kuwait will attend in this Conference.

The experts and prominent personalities from multi fields, such Mr. Sunny Mathew ,Mr. John Mathew Arab Entertech Deputy Chairman, R Kuppanna Kuwait Indian Exchange General Manager, Mr. K.N. Das Lulu Exchange General Manager , Mr. Pancily Varkey Country Head UAE Exchange, Mr. K.P. Paulson, Strategic Head Alahli Bank Kuwait, Mr. Sala Ahmed Al Salah from Kuwait Inernational Bank, Mr. E.D. Titus Bahain Exchange Company, Mr. Rajesh Gairola Al Mulla Exchange Company, Mr. Rexy Willams Asset Avenues will present relevant papers at the Conference.

The Beyond Remittance Conference shall also witness dedication of the Foundation Foundation for Enhancing Expatriate Life (FEEL) and also honoring prominent personalities with NRI jewels award for their significant contribution for the welfare of NRIs in the gulf countries.


Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 19,2020

Indian Overseas Congress (IOC) Chaiman Dr Sam Pitroda held video conference with senior IOC office bearers across Middle Eastern countries on 14th April 2020 to review the impact of COVID-19 pandemic among Indians residing in the region. Almost all speakers appreciated the efforts initiated and  implemented by  respective governments to contain spread of the deadly virus as well as measures taken towards welfare of the people affected by the lockdown. 

IOC Presidents, Mohammed Mansour - Bahrain, Abdullah Manjeri - Saudi Arabia, Dr J Ratan kunar - Oman and Girish kumar - Qatar, highlighted the quality treatment of patients and finacial aid provided by governments and other authorities. Bahrain IOC president Mansour , also  apprised about the 'Food for Needy' drive in Association with KHK Heroes foundation, initiated by HH Sheikh Khalid Bin Hamad Al Khalifa and quality treatments as well as financial aid to local and expat residents.

Anura Mathai, IOC  Global Event Coordinator, spoke about certain problems of Indians in the UAE. IOC Middle East Convener, Mansoor Palloor, emphasised and requested IOC Chairman to urge Indian government to arrange immediate repatriation of indians stranded in Gulf countries. AICC Secretary, Himanshu Vyas, IOC Secretary Dr Arathi Krishna, Dr Arshi Malik (Abha), Mohiuddin Sirajudeen (Jeddah), Advocate Joseph Palathara (Dammam) Prasad Kodru, Jayati Maitra Ziyad Ahmed (Qatar) and Khursheed Alam (Gen Secretary- Bahrain) also apprised the participants about various issues relevant to the pandemic and suggested further initiatives to be undertaken. 

Dr Sam Pitroda briefed about sustained and consolidated efforts by all IOC members  during this unprecedented situation facing the world and assured that he would convey IOC  concerns to the government and try his best to ensure all possible help is made available to all needy Indians.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com web desk
January 30,2020

Indian Social Forum, Eastern Province Central Committee, Saudi Arabia organized Republic Day program at AlRyan Policlinic Restaurant Auditorium, Dammam on 25th January 2020.

Abdul Waris, Former Chairman of Indian International School Dammam Inaugurated the program.

Wasim Rabbani, president of Indian Social Forum, Eastern Province Central Committee Presided over the program.

Mansoor Shah KFUPM, Indian Social Forum Delhi Zone President, Dr. Fayaz Ahmed from King Fahad University Hospital, Amir Moulavi, Executive Member,  India Fraternity Forum (IFF) Dammam, Nasir Koduvalli, Indian Social Forum, Kerala State President, Dammam, Sharief, Social Forum Karnataka State President, DammamJahangir Moulavi, Tamilnadu State president delivered speech at the program. Mohammed Firoz, Indian Social Forum  President, Jubail read the preamble of constitution. 

 Nameer Kerala , Secretary, Social Forum Central Committee welcomed guests while Ashraf Karnataka, General Secretary, Central Committee delivered vote of thanks and Tahir Hyderabad, Secretary, Indian Social Forum, Central Committee coordinated the program.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
May 12,2020

Manama: Kannada Sangha Bahrain President Mr. Pradeep Shetty and Vice President of Bahrain's prestigious KHK HEROES Foundation Mohammed Mansoor on Monday, May 11, met The Second Secretary (Consular & CW) of the Embassy of India, Bahrain Mr. P. K. Chowdhury in the Indian Embassy. 

The situation, problems and relief of Indians and Kannadigas residing in Bahrain during the COVID 19 Pandemic was discussed in detail. The distribution of food (dry ration) kits, as well as those seeking repatriation, was also discussed in the meeting.

When asked about the repatriation of distressed Kannadigas, the Second Secretary said that though the number of Kannadigas who wish to return home is not much compared to the rest of the states, still Embassy is compiling all the information and will do the needful soon. 

Mr. Shetty and Mr. Mansoor told the Second Secretary that those who are in problem can contact them and they are ready to do their best.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.