Saudi Arabia has opened applications for a permanent residency program designed to attract foreign investment to the kingdom, but it will cost a hefty 800,000 riyals ($213,000). There’s also a cheaper option, with a one-year renewable residency costing 100,000 riyals. The so-called premium residencies will allow foreigners to buy property and do business without a Saudi sponsor, switch jobs and exit the kingdom easily and sponsor visas for family members, according to the website for registrations. Along with paying high fee, applicants must be at least 21 years old, prove financial solvency and have a clean criminal record and bill of health. The program approved in May is the latest sign of how the quest for non-oil revenue is prompting Gulf nations to rethink the role of foreigners in their societies. It’s a landmark move in a region where many overseas workers are subject to some of the world’s most restrictive residency rules. The United Arab Emirates approved a plan to allow wealthy foreigners to apply for a 10-year stay, while Qatar passed a law that’ll grant some permanent residencies. The idea for a long-term Saudi residency program was first floated in 2016 by Crown Prince Mohammed bin Salman, as a part of his plan to reduce the economy’s reliance on oil and boost foreign direct investment. At the time, he estimated the program would generate about $10 billion in annual revenue by 2020. Wh..
Saudi to charge $213,000 for permanent residency in step to boost economy2019-06-23
Govt move to cut internal marks leaves parents of CBSE, ICSE students miffed2019-06-17
Parents said that it was wrong to say that internal marks allotted by CBSE and ICSE Boards were given “arbitrarily” by teachers. These 20 marks were inclusive of the terminal exam and two unit tests, notebook keeping, practical and oral exams, and projects.
I gifted ₹2.5 crore flat to my yoga teacher: Kangana2019-06-17
Actress Kangana Ranaut has revealed that she is not on social media as she cannot invest so much time on something that doesn’t deal with an issue. “My sister Rangoli says though I have helped people build hospitals and gifted a ₹2.5-crore flat to my yoga teacher, nobody knows about these things as I don’t talk about it,” she added.
Shake It Habibi! Saudi Arabia Will Soon Have A ‘Halal Nightclub’ And People Can’t Keep Calm2019-06-15
There’s much more to Saudi Arabia than camel-riding Bedouins, palm tress, extremely hot weather and sacred places for Muslims. Yes, we have all seen high-end cars zooming through the crystal smooth roads and Arab men and women feasting on more than enough food. What next: A vivacious nightlife? Yes, if all goes by the plan, the Kingdom will have its first ever nightclub. Saudi Arabia Crown Prince Muhammad Bin Salman is all out to bring reforms in the Kingdom, leaving behind certain traditions that are clearly of medieval taste. And now, according to reports, the..
Nepal schools make Mandarin compulsory after China offers to pay teachers' salaries2019-06-15
proposal of covering salaries of teachers in Nepal who teach Mandarin have prompted many private schools in the Himalayan nation to make it mandatory for students to learn the language, according to a media report. The move came at a time when the Chinese involvement in Nepal is surging, largely on the back of Beijing's ambitious Belt and Road Initiative (BRI), a project boycotted by India as it comprises the $60 billion China-Pakistan Economic Corridor (CPEC) being laid through the Pakistan-occupied Kashmir. Many schools across Nepal have made i..
Avengers Endgame needs a miracle to surpass Avatar’s worldwide collection2019-06-15
What looked certain not long ago is looking more and more difficult now. Avengers: Endgame will likely not be able to cross Avatar’s worldwide box office earnings by the time it is out of theaters. A report in Forbes says Endgame has crossed what could be its final benchmark. It has crossed the domestic total of Jurassic Park, when adjusted for inflation. So far Endgame has earned 825.82 million dollars in North America. It will be a miracle if Endgame breaks any more records. At the worldwide box office, it has minted 2.73 billion dollars so far. Avatar ended i..
48 Bihar children dead; litchi to blame?2019-06-15
Is the recent deaths of 48 children aged below 10 years in Muzaffarpur and its neighbouring districts linked to the luscious Litchi? If the advisory issued by the Bihar government on Wednesday is taken into account, it seems so. The officials of the health department have advised the parents not to feed their children litchis empty stomach. And also, avoid gulping either half-ripe or unripe litchis as a precautionary measure. Besides, the Muzaffarpur civil surgeon S P Singh, who is closely monitoring treatment of the children admitted to the government run hospitals and the primary health cen..
Fact Check: 63°C claim from Kuwait — is it really a world record?2019-06-14
Last Saturday, Kuwait reportedly recorded the highest temperature on Earth at 63°C under sunlight (and 52.2°C in the shadows). The claim was reported Thursday in Gulf News, which quoted the Al Qabas newspaper, and added that Al Majmaah in Saudi Arabia recorded 55°C. Unless the Kuwait temperature is verified, however, the world record stands at 56.7°C, recorded at Death Valley in Furnace Creek Ranch, California, on July 10, 1913. The United Nations agency World Meteorological Organization (WMO) has often examined claims of weather and climate records. One temperatur..
Dave blames it on unseasonable weather2019-06-13
Dave Richardson has defended the International Cricket Council (ICC)’s decision not to keep reserve days for matches during the league stage of the World Cup, saying it would increase the duration of the tournament. “Factoring in a reserve day for every match at the ICC Men’s Cricket World Cup would significantly increase the length of the tournament and practically would be extremely complex to deliver,” the outgoing chief executive of the ICC said in a statement. “It would impact pitch preparation, team recovery and travel days, accommodation and ven..
Bihar government approves proposal for jail term for those who abandon elderly parents2019-06-13
Bihar Cabinet-led by Chief Minister Nitish Kumar has approved a proposal to punish sons and daughters who abandon their elderly parents with a jail term. The proposal of Bihar social welfare department has provisions for punishments which could go up to imprisonment if wards do not look after their parents properly in their old ages.The cases against the wards will be registered under the non-bail able section in Bihar after receiving complaints from the elderly parents. Many other decisions were also taken during the cabinet meeting that took place on Tuesday. ..
Boris tears into younger players2019-06-13
As remarkable an achievement as it is, Rafael Nadal’s 12th French Open triumph on Sunday also came with a sobering reminder. There remains a concerning lack of challenge to the ageing big three at the sports biggest tournaments. “As much as I respect Roger, Rafa and Novak, young players should show up,” Becker added. “Eventually, they will be too old, but you want to see the passing of the torch while they are still in their prime. “There’s a certain mentality that they (younger players) don’t have, that the three others do have. It’s not..