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Saudi to charge $213,000 for permanent residency in step to boost economy

2019-06-23

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..

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North Korea Executed Envoy Over Trump-Kim Summit, Chosun Reports

2019-05-31

North Korea executed its former top nuclear envoy to the U.S. and four other foreign ministry officials in March after a failed summit between Kim Jong Un and Donald Trump, South Korea’s Chosun Ilbo newspaper reported. Kim Hyok Chol, who led working-level negotiations for the February summit in Hanoi, was executed by firing squad after being charged with espionage after allegedly being co-opted by the U.S., the newspaper said Friday, citing an unidentified source. The move was part of an internal purge Kim undertook after the summit broke down without any deal, it said.  ..

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Hooked onto video games? Now that's officially a disorder

2019-05-31

Now there is officially a name for all the catatonic youngsters hooked onto video games — ‘gaming disorder’ as per the revised version of the International Statistical Classification of Diseases and Related Health Problems maintained by the World Health Organization (WHO).  More importantly though, elders should be alarmed by the fact that ‘gaming disorder’ is described in near-identical terms to an even better known pathological affliction — gambling — bestowed the same suffix much earlier. Of course, the WHO move to deem gaming..

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The lost Leonardo? Louvre show ditches Salvator Mundi over authenticity doubts

2019-05-31

Salvator Mundi, the world’s most expensive painting, will not be part of this year’s big Leonardo da Vinci show in Paris because curators at the Louvre do not believe it can be attributed solely to the artist, it has been claimed. The art historian and writer Ben Lewis has charted the remarkable story of a painting which made headlines all over the world when it sold for $450m (£354m) at Christie’s in New York in 2017. Some of the world’s leading Leonardo experts, including Martin Kemp, emeritus professor of art history at Oxford, insist it is genuinely the ..

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Gujarat: Hitting $6.5 billion turnover, Amul eyes world top spot

2019-05-30

The Gujarat Co-operative Milk Marketing Federation (GCMMF) which markets dairy products under brand Amul is targeting turnover of Rs 50,000 crore and emerge as largest FMCG organisation in the country by 2020-21. At its 45th annual general meeting (AGM) held on Tuesday, the apex body of dairy cooperatives of Gujarat declared that it had registered a turnover of Rs 33,150 crore in financial year 2018-19, 13% higher than the previous financial year. Amul, which is ranked ninth by turnover among world’s largest dairy organizations at present, hopes to climb up ..

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Rare earths: The latest weapon in US-China trade war

2019-05-30

They are used in everything from lightbulbs to guided missiles, but with China controlling 95 per cent of the world's supply of rare earth metals, they are also a potentially powerful weapon in Beijing's trade war with Washington. The bedrock of electrical manufacturing, rare earths are 17 elements that serve as key components in devices ranging from hi-tech smartphones and cameras to flat-screen televisions and computers. China dominates the global supply chain -- and Washington relies heavily on the Asian superpower to access the metals. So much so that the commodities have not b..

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T-Series First YouTube Channel with 100 Million Subscribers, PewDiePie Still Close

2019-05-30

India's very own T-Series has become the first YouTube channel to cross 100 million subscribers. The channel has beaten Swedish YouTuber PewDiePie to the landmark.  T-Series had overtaken the Swedish YouTuber to become the most popular channel on YouTube earlier this year. The new development sees T-Series having four million more subscribers than its nearest rival. At the time of writing this copy, PewDiePie had 96,182,951 subscribers as compared to T Series' 100,006,561 subscribers. According to a Forbes magazine report, Swedish YouTuber Felix Arvid Ulf Kjellberg, who run..

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WhatsApp to get ads in Status: 13 new features coming soon to the app

2019-05-29

WhatsApp has been testing and developing a number of features in its beta channel including the Dark Mode, in-app browsing, a reverse image search, group privacy settings, frequently forwarded message restriction to name some. It has also been confirmed that Status, which is the Stories equivalent on WhatsApp will get ads in 2020. While most of these features are under development, some of them are enabled in the beta program. Once WhatsApp makes sure the feature is working fine without any error, it begins the rollout on the stable channel. We are listing the major features WhatsApp is tes..

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MacKenzie Bezos pledges half her fortune to charity after Amazon divorce

2019-05-29

MacKenzie Bezos, the former wife of Amazon.com Inc Chief ExecutiveJeff Bezos, pledged on Tuesday to give away half her fortune to charity, following a movement founded by billionaires Warren Buffett and Bill and Melinda Gates. Bezos, whose former husband is the world's richest man, was one of 19 people on Tuesday to sign the "Giving Pledge," a campaign announced in 2010 by Berkshire Hathaway Inc's Buffett and Microsoft Corp co-founder Bill Gates. It calls for the super-rich to give away more than half their fortunes during their lifetimes or in their wills. "I..

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ELECTION QUIZ

2019-05-29

*THE ELECTION QUIZ #2*📣
 
As Shakespeare once said " *I MUST BE CRUEL ONLY TO BE KIND* " ... 
Consult your elders/guardians/parents and make a calculated guess and take the quiz otherwise ....!!😡😡😡😡😡

https://docs.google.com/forms/d/e/1FAIpQLSf5GgAN5gQLySrnVkMLlBoKtgaqU29-_YmGc7LWF1PUwP4dgA/viewform?usp=sf_link

 

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Election quiz #2

2019-05-28

 

*THE ELECTION QUIZ #2*📣
After the heat and dust of the elections to the biggest democracy has settled, it's time to speculate who will be our ministers..!!😎
 So consult your elders/guardians/parents and make a calculated guess...!!..💃as usual it's a win win ...😁
Exciting prizes for those who get *all four answers correct*...!!..😍🤡

https://docs.google.com/forms/d/e/1FAIpQLSf5GgAN5gQLySrnVkMLlBoKtgaqU29-_YmGc7LWF1PUwP4dgA/viewform?usp=sf_link

 

 

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