Prince Saud upbeat on Saudi-Indian ties

July 15, 2014

Prince Saud

Jeddah, Jul 15: Prince Saud bin Musaed bin Abdul Aziz, president of the Gammon Group, has highlighted the strong relationship between Saudi Arabia and India.

“We hope the Saudi-Indian relations would reach greater heights in the coming years,” he said while addressing an iftar party organized by the group.

He said many major Indian companies are interested in doing business in Saudi Arabia to make use of the growing investment opportunities in the Kingdom.

“Last year, more than 35,000 Saudis visited India for education and medical treatment,” the prince said, while commending the role played by Indian expatriate workers in boosting the Kingdom’s development in various sectors.

Shaikh Mohammed Rafik, chairman of Gammon Group, said more than 20 international companies, including those from India, Canada, Australia, Malaysia and China, have agreed to establish their plants in the new industrial city being developed by Gammon in Jazan.

“We are looking for investors in areas required by the Kingdom, including automobiles. We are in talks with a South Korean company to establish an automobile plant in Jazan,” Rafik told Arab News.

The new industrial city is expected to draw investments worth SR75 billion, the chairman said, adding that it would create about 100,000 jobs. He commended Prince Turki bin Mohammed bin Nasser, director of international trade at the Ministry of Commerce and Industry, for his efforts to speed up establishment of the industrial city.

He added that Prince Turki has been authorized by the government to develop the city by bringing in foreign investors to build the city’s entire infrastructure facilities, such as roads, bridges, commercial centers, power plants, water treatment plants, oil refinery and petrochemical plants.

“If major companies are ready to invest and transfer their technology, the government will pay them 75 percent of their project cost in soft loans for 20 years,” Rafik told Arab News.

The iftar party was attended by prominent personalities, including Indian Consul General B.S. Mubarak, British Consul General Mohammed Shaukat, South African Consul General Ebrahim Edries, Khaled Almaeena, former editor in chief of Saudi Gazette, Tariq Mishkhas, editor in chief of Urdu News and Malayalam News, Dr. Faiz Al-Abideen, CEO of Gammon Group, A.P. Abubacker Musliyar, general secretary of All-India Jameyat Al-Ulema, and Syed Bashirali Shihab Thangal.

Comments

Dorthea
 - 
Saturday, 19 Mar 2016

Right here is the right web site for everyone
who wishes to find out about this topic. You realize a whole lot its almost hard to argue with you (not that I actually will
need to…HaHa). You certainly put a new spin on a topic which has
been discussed for decades. Great stuff, just wonderful!

My web page; Lettie Bouley: http://gdzieulokowacoszczednosci.medicsen.eu

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.
Agencies
January 11,2020

Muscat, Jan 11: Oman's Sultan Qaboos bin Said has died, Aljazeera reported citing state television on Friday.

Qaboos was 79-year-old and was ill for a long time. He has served as the ruler of Oman since 1970 when he ousted his father in a bloodless coup.

Qaboos had no children and has not publicly named his successor.

Sultan Qaboos travelled to Belgium for a week in December for what was described then as "medical checks." He returned to Oman but speculations of his deteriorating health were rife.

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
May 21,2020

Dubai, May 21: Around 10,000 Iranian health workers have been infected with the new coronavirus, the semi-official ILNA news agency quoted a deputy health minister as saying on Thursday.

Health services are stretched thin in Iran, the Middle East country hardest hit by the respiratory pandemic, with 7,249 deaths and a total of 129,341 infections. The Health Ministry said in April that over 100 health workers had died of COVID-19.

No more details on infections among health workers were immediately available.

Earlier on Thursday, Health Minister Saeed Namaki appealed to Iranians to avoid travelling during the Eid al-Fitr religious holiday later this month to avoid the risk of a new surge of coronavirus infections, state TV reported.

Iranians often travel to different cities around the country to mark the end of the Muslim holy fasting month of Ramadan, something Namaki said could lead to a disregard of social distancing rules and a fresh outbreak of COVID-19.

"I am urging you not to travel during the Eid. Definitely, such trips mean new cases of infection...People should not travel to and from those high-risk red areas," Namaki was quoted by state television as saying.

"Some 90% of the population in many areas has not yet contracted the disease. In the case of a new outbreak, it will be very difficult for me and my colleagues to control it."

A report by parliament's research centre suggested that the actual tally of infections and deaths in Iran might be almost twice that announced by the health ministry.

However, worried that measures to limit public activities could wreck an economy which has already been battered by U.S. sanctions, the government has been easing most restrictions on normal life in late April.

Infected cases have been on a rising trajectory for the past two weeks. However, President Hassan Rouhani said on Wednesday that Iran was close to curbing the outbreak.

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
May 22,2020

Rajan Kurian with wife Berly Rajan Kurian, son Brian, daughter Bella and mother Valsa

Dubai, May 22: A 43-year-old Indian businessman won USD one million (approximately Rs 7.59 crore) in the Dubai Duty Free draw.

Rajan Kurian, who owns a construction business in Kerala, had bought the ticket online.

Mr Kurian said he was grateful for the win, considering the gloomy circumstances prevailing in the world due to the coronavirus pandemic.

"I will set aside a good part of my win to help the needy. I feel grateful with the win but I need to share it with people who need it," he said. 

Mr Kurian said some of the money will go into growing his business.

"The last few months have been tough with the COVID-19 situation. My business has come to a standstill. This money will be put to good use," he said.

An Indian expat also won a BMW motorbike in the lucky draw held on Wednesday.

A longtime resident of Dubai for 30 years now, 57-year-old Syed Hydrose Abdulla, who works as a public relations officer in a beverages company, had also bought the ticket online.

Comments

Debasisdhara
 - 
Saturday, 18 Jul 2020

Lucky prize money send me please

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.