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.


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Sushma Bangera
June 4,2020

Kuwait: The Covid-19 pandemic has pushed the whole world into a difficult situation and the situation of Indians in Kuwait is not any different. Many people have lost their jobs, have no salary, are deprived of food and are not able to pay rent. The appalling conditions of labourers, domestic workers, taxi drivers and low waged earners don’t seem to end in Kuwait. 

At this trying situation when many people were even afraid of leaving their houses because of coronavirus, Suresh S. Rao Neramballi, volunteer of the Food Kit Distribution at the ICSG (Indian Community Support Group) has helped many tremendously. He was ready to go around delivering food kits at any time possible by his car. However, after Kuwait imposed a full curfew from 11th May 2020, no one could take out their vehicles unless they had a curfew pass. 

This did not stop Mr. Suresh Neramballi, who then borrowed a bicycle from a friend and ended up going around in the cycle delivering the food kits in curfew break time (4:30pm to 6:30pm) to all those who registered in the ICSG website. This selfless service surely commands appreciation and applause. Mr. Suresh Neramballi has been a light for many families and bachelors in Kuwait and will surely garner the blessings of them who have been able to eat at this time.

He was also the one who could deliver the food kits to many Indian Muslim maids, bachelors, laborers and families previous day and right on the day of EID, as they were not able to go shopping for their groceries for EID, due to the curfew. They blessed him in EID dua. 

Mr. Suresh Neramballi hails from Mangaluru, India and is an Engineer in the Oil sector company in Kuwait. He has been dedicated to social service, achieved 'Aryabhata International Award' for his Kannada Service and Social service, served in many Associations and Distributor of Kannada and Tulu Movies in Kuwait. He wholeheartedly thanks the people and government of Kuwait for his bread and butter.

Comments

Tanveer
 - 
Friday, 5 Jun 2020

May Almighty Allah shower His mescifull blessing on you and your family... Your selfless service will always be remembered,,,

M SHARIEF SULTAN
 - 
Thursday, 4 Jun 2020

God bless you and your family

abdullah
 - 
Thursday, 4 Jun 2020

God bless you brother and keep you healthy plus happy always.   You will be in the prayers of those who receivec your timely regardles they are hindu or muslim or christian.   This is a slap on the face of hate mongers who are always trying to divide the socieity in the name of religion.    Such people are burden to this world and society.   We should clean our society from such dirt and bad people.   Well done brother.  May God bless you.

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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.

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coastaldigest.com news network
May 25,2020

Dubai: Karnataka Sports & Cultural Club (KSCC) distributed Eid Kit across the UAE (Dubai, Abu Dhabi, Sharjah, Al Ain, Ajman, Ras Al Khaimah to the ) needy people on Eid al Fitr.

KSCC President Mr. Mohammed Ismail Said: “Eid is a Symbol of Gratitude and Unity. As the last few weeks have been hard for each one of us, we wanted to stand in solidarity to celebrate Eid, by helping labours and needy people. He also said that “We are together to be part of UAE. Serving these meals is our core social responsibility."

KSCC recently conducted humanitarian services during COVID-19 pandemic in 2 phases and conducted Blood Donation Drive. They have also planned to conduct next Blood Donation Drive on 25th May, 2020.

The KSCC main objective is to develop the expatriate community into a well-nourished section of society in the areas of social, sports and cultural activities.

On behalf of KSCC, and the entire executive council Mr. Mohammed Ismail, President of Club, extended a very heartly thanks and gratitude to the Main sponsor of the event M/s. EMSQUARE, Engineering Consultant, and Tawakkal Overseas Dubai.

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