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INDIA’S EXCLUSIVE BI-WEEKLY NEWSPAPER FOR INTERNATIONAL
RNI NO. 56969/93 ASSIGNMENTS, BUSINESS & EXPORTS
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The visa will be offered to
Dubai the entrepreneur’s spouse, chil-
dren, business partners and
HE UAE Cabinet has be- three executive directors.
gun the implementation of Doctors, scientists, inventors,
100 per cent foreign own- specialists in culture and art and
ership and 10-year residency researchers working in science
visas for expatriates, investors and knowledge will be granted
and businessmen. a 10-year visa. The researchers,
The new law is expected to scientists and doctors will be
attract foreign investors looking able to include their spouses
to set up or acquire local com- and children under their visa.
panies in the Gulf country. At Expats aged 55 or above
M
present the full ownership of can also remain in the UAE fol-
companies based in the UAE is also be eligible for a long-term in the UAE and abroad will qualify viser will also be able to obtain lowing retirement once they se-
Our UAE Correspondent Rashidi, Acting Director-General
limited to free zones. visa as part of the changes, in for a five-year visa for themselves long-term visas. cure a 5-year retirement visa
of Foreigners Affairs and Ports
This year will also see the order to encourage them to settle and their families. Entrepreneurs with a former that meets certain criteria in-
ILLIONS of dirhams in at the Authority, urged those
introduction of new long-term in the UAE following the com- Investors will be eligible for business worth a minimum of cluding the ownership of property
fines were waived off who opted for the temporary
visas of up to 10 years granted pletion of their education. Those a 5-year or 10-year residency $1,36,000 or those boasting the worth at least $5,45,000. Other
during the five-month visa to respect its six-month va-
for investors, entrepreneurs and with an average of at least 95 visa depending on the size of approval of an accredited busi- conditions, include the ownership
visa amnesty scheme that lidity. He warned them to leave
specialists working in fields of per cent in school and a grade their investment in the UAE. The ness incubator in the UAE, will of at least $2,72,260 in savings
from ` 13,000;
issues, registered a ‘response The nine amnesty centres
rate of 88 per cent’, according set up across the country re-
to the Federal Authority For ceived illegal residents and guid-
Identity & Citizenship. ed them through their legalisa-
The ‘Protect Yourself by tion process, added Brig Al
Changing Your Status’ amnesty Rashidi.
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scheme that began on August He attributed the initiative’s
Our Dubai Correspondent Dubai and beyond via its aviation hub 1, 2018 was slated to end on success to the Authority’s aware-
together with the new code-share agree- October 31. However, the au- ness campaigns on mainstream
UBAI-based budget airline fly- ment." thority extended it by a month media, social media and direct
dubai has announced the launch Passengers travelling to and from and it was supposed to end on communication with residents.
of direct flights to Kozhikode in Kozhikode will have the option to experi- November 30. As part of the “The Authority co-operated
Kerala. The three times weekly service ence our Business Class service, bene- UAE’s celebration of its National with embassies and diplomatic
from Dubai International (DXB) to Calicut fiting from priority check-in service, com- Day, the scheme was further missions in the UAE to facilitate
International Airport (CCJ) in Kozhikode fortable spacious seats and a range of extended for a month till De- and accelerate the processes
will start from February 1, 2019 making dining options. Passengers travelling in cember 31 to give illegal resi- of legalisation of their citizens.
flydubai the only Dubai-based carrier to Economy Class are able to choose be- dents more time to legalise their This helped the missions raise
operate this route. tween bundled (Flex/Value) or unbundled status. awareness of their citizens,” the
Business Class return fares to (Lite) fares depending on their travel The authority said in a press official said.
Kozhikode from Dubai start from Dh needs. statement that ‘thousands’ have He warned firms operating
2,659 (` 54,075), while Economy Class As part of the Emirates flydubai part- benefitted from the initiative, in the UAE against recruiting
return fares to Dubai start from Dh 670 nership announced in 2017, Emirates which even had the provision people living illegally in the coun-
(` 13,000). representing an impressive 15 per cent Sudhir Sreedharan, Senior Vice-Pres- will code share on this route. For bookings for illegals to opt for a six-month try, stressing that it harms secu-
Ghaith Al Ghaith, Chief Executive Of- year-on-year increase in total number of ident, Commercial (UAE, GCC, Sub-con- under the code share, Emirates passen- jobseeker visa. The scheme rity and stability.
ficer, flydubai, said "We have always visitors to Dubai. tinent and Africa) at flydubai, said "we gers will receive complimentary meals helped all kinds of illegal resi- The authority had previously
been proud of the strong ties between “We are grateful for the support we are pleased to add Kozhikode to our and the Emirates checked baggage al- dents in the UAE: Workers and warned that people caught stay-
India and the UAE. We have seen a have received from the Indian authorities network of eight destinations in India, of- lowance on flights operated by flydubai families overstaying residence ing illegally in the country after
stronger flow of trade and tourism between and we remain committed to serving the fering greater connectivity and an unri- in Economy class. With the partnership, visas; people overstaying visit the end of the amnesty period
the two countries over the past few years. market. We look forward to more oppor- valled travel experience to our passengers passengers from India will have an op- visas; and those who entered would face stringent punish-
S
stores, construction materials
Our Saudi Correspondent ruling takes effect from April 7, administrative clerk, secretary, shops, auto spare parts shops,
2019, for non-governmental or- general services supervisor, carpet shops of all kinds, and
AUDI Arabia has issued ganisations, and it will be in place room service supervisor, main- confectionery shops to comply.
a new decree limiting 41 from June 10, 2019, for the hos- tenance supervisor, sales and The ministry said the decision
job roles to Saudi citizens pitality and tourism sectors. marketing supervisor, safety and was intended “to enable citizens
in Madinah. The decree, issued The job types and activities security supervisor, tourism pro- and women citizens to work and
by the Ministry of Labour and So- covered under the decree in- grammes supervisor, front office raise their participation rates in
cial Development, covers diverse clude: Light-vehicle driver, order supervisor, supervisor of tele- the private sector”. According to
roles in NGOs, retail, hospitality taker, safety and security officer, phone operators, overseer, di- reports, the move is expected
and tourism sectors, according food service employee, tele- rector of security and safety, act- to affect as many as 1.22-million
to an Arab News report. The new phone operator, data-entry clerk, ing director, maintenance man- expat jobs in the Kingdom.
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6 ASSIGNMENTS ABROAD TIMES, MUMBAI, SATURDAY, JANUARY 05, 2019
The Prime Minister, Narendra Modi, releasing a book titled Timeless LAXMAN, based on the
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ITH the efforts of the 2017-18. mechanism has been started cessing. Pradhan Mantri Kisan
Central government, Production of horticulture in order to ensure remunerative SAMPADA Yojana (PMKSY) AAT News Service crore. In the first phase, 777 Railway Corporation for setting
unprecedented prog- crops recorded 15.79 per cent price for the farmers’ produce has been started with an allo- FTSCs maybe set up in nine up video surveillance system at
ress has been made in the growth, fisheries production un- while advancing towards ‘one cation of ` 6,000 crore. HE Empowered Commit- states and in second phase 246 50 railway stations with a total
agriculture sector, said Radha der Blue Revolution 26.86 per nation one market’. The forward and backward tee of Officers under Nirb- FTSCs will be set up. project cost of ` 17.64 crore will
Mohan Singh, Union Minister cent and animal husbandry & Till March 2018, the target linkage of agro-processing haya Fund, under the The proposal of Ministry of be utilised for surveillance hard-
for Agriculture and Farmers’ milk production 23.80 per cent. of integrating 585 mandis with clusters is being developed in Chairmanship of Secretary, Home Affairs for procurement of ware and accessories. Local
Welfare. In order to reduce the cost of eNAM has been achieved. Be- order to enhance food process- Women and Child Development forensic kits for sexual assault connectivity equipment and
While speaking at the production, Soil Health Card, sides this, the Pradhan Mantri ing capabilities. Close to 20- Ministry recently approved the cases to kick start usage of such power supply devices also
Global Agriculture & Food use of neem-coated urea and Fasal Bima Yojana (PMFBY) lakh farmers are being benefit- following three major proposals kits in states/Union territories stands approved.
Summit-2018 at Ranchi, Mr schemes related to ‘per drop was initiated from Kharif 2016 ted while also creating – Department of Justice, Min- (UTs) through Training of Train- Also, in-principle approval
Singh said that foodgrain pro- more crop’ are being targetted to overcome the risks related employment opportunities for istry of Law and Justice proposal ers (TOTs), capacity was given to the proposal, from
duction in 2017-18 (Fourth Ad- and implemented. to agriculture against disasters. about 5.5-lakh people. to set up 1,023 fast track special building/training for forensics in Ministry of Road Transport and
vance Estimate) stood at To promote organic farm- This scheme covers all food- The government has taken courts (FTSCs) to dispose off sexual assault cases and Highways, of Centre for Devel-
284.83-million tonnes, as com- ing, Paramparagat Krishi Vikas grains, oilseeds and commer- a historic decision towards ful- pending cases of rape, and Pro- strengthening of state Forensic opment of Advanced Computing
pared to 255.59-million tonnes Yojana was initiated in 2014- cial/ horticultural crops. filling the promise made to tection of Children from Sexual Science Laboratories under (C-DAC) for customisation, de-
average production in 2010-14. 15 and for North-East Mission All risks – prior to the crop farmers by increasing MSP by Offences (POCSO) Act across Nirbhaya Fund with a total finan- ployment and management of
The production of pulses Organic Value Chain Develop- sowing, during the harvest and 1.5 times or more of production the country. cial implication of ` 107.19 crore statewise vehicle tracking plat-
Flagship missions of
also rose by 40 per cent from ment for North Eastern Region after harvest – are included in cost for all notified crops from The project has a total finan- was also recently approved. form for safety and enforcement
18.01-million tonnes in 2010- was started. the scheme. The government Kharif 2018-19. cial implication of ` 767.25 The proposal from Konkan with AIS 140 specification.
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MoHUA anchored in
AAT News Service
HE flagship missions of
Ministry of Housing and
Urban Affairs (MoHUA)
ideals of sustainability
are anchored in the ideals of
sustainability, said Hardeep Singh
Puri, Minister of State for HUA.
While addressing the CON-
CREATECH-2018 conference
on theme ‘Sustain to gain’ or-
ganised by the Cement Manu-
facturers' Association, in New
investment opportunities
states and UTs, and this move-
ment only keeps growing. The
theme reflects the necessities
that are driving conversations
and co-operation worldwide.
“We can no longer think of
The Prime Minister, Narendra Modi and the President of Maldives, Ibrahim Mohamed Solih, socio-economic development in
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(SDGs). It is no surprise that the
AAT News Service He reiterated his resolve to forts in improving ease of doing country’s national development
make India one of the easiest business. goals are mirrored in the SDGs.
HE Prime Minister, Naren- places to conduct business in In the World Bank's Doing India has been effectively com-
dra Modi, launched a the world and also congratulated Business Report (DBR, 2019) mitted to achieving the SDGs
grand challenge on re- all government officials from the released on October 31, 2018 even before they were fully crys-
solving seven identified ease of reforming ministries and depart- India has recorded a jump of 23 tallised.
doing business problems with ments as well as states and mu- positions against its rank of 100 Under the Swachh Bharat
the use of cutting-edge tech- nicipal corporations for their in 2017 to be placed at 77th rank Mission, over 60-lakh household
nologies. The objective of this achievements in the last four among 190 countries assessed toilets and over 4-lakh commu-
challenge is to tap the potential years and exhorted them to work by the World Bank. As a result nity toilets have been built in ur-
of young Indians, startups and towards reforms with greater of continued efforts by the gov- ban areas. The ministry will projects worth ` 74,000 crore systems through public-private environment for the real estate
other private enterprises to pro- zeal and energy. ernment, India has improved its achieve the target of 67-lakh toi- that are targetted towards im- partnership. sector, making it one of the most
vide solutions to complex prob- Hartwig Schafer, Vice-Pres- rank by 53 positions in the last lets before October 2019. proved water supply, sewerage, Under Pradhan Mantri Awas lucrative investment opportuni-
lems using current technology. ident, South Asia of the World two years and 65 positions in “However, it is also important and drainage have been ap- Yojana-Urban (PMAY-U), the ties, said Mr Puri.
Mr Modi, at a programme Bank Group, also addressed the the last four years (2014-18). to remember that achieving proved under the State Annual government is building affordable Moreover, the government is
organised at his residence, in- gathering and appreciated the The Union Minister for Fi- physical targets is one thing, but Action Plans for 2015-20. homes for poor people migrating committed towards in-situ devel-
teracted with select chief exec- enormity of India's achievement. nance, Arun Jaitley; Union Min- to achieve the vision of an ODF The government has also in- to urban centres, allowing them opment of slums, ensuring resi-
utive officers (CEOs) from Indian He also stressed that it gets ister for Commerce & Industry India, we have focussed on sus- troduced the AMRUT Technol- to live a life of dignity. From cat- dents of such localities won’t be
& foreign companies. The Prime tougher to improve ranks as a and Civil Aviation, Suresh Prab- tained behavioural changes ogy Challenge, which addresses egorising housing under infra- forcibly evicted from their homes
Minister apprised CEOs of the country moves higher up in the hu; Union Minister for Environ- through conventional as well as the need for non-essential hu- structure, to low taxation rates under the garb of upliftment. The
efforts being made by the gov- ranking and expressed his belief ment, Harsh Vardhan and Union innovative means,” he said. man entry for cleaning of sewers under the Goods and Services target under PMAY-U is to build
ernment to ensure that India that India will continue to maintain Minister for Housing & Urban Under the Atal Mission for and septic tanks. SMART Cities Tax; from credit-linked incentives 1.1-crore homes by 2022 and
consistently improves its busi- the momentum it has gained Affairs, Hardeep Singh Puri, were Rejuvenation and Urban Trans- are also developing smart, sus- to providing subsidies, the gov- construction of over 63-lakh
ness environment. over the last four years in its ef- also present on the occasion. formation (AMRUT), over 2,400 tainable and resilient sanitation ernment has created an enabling houses has already sanctioned.
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Our UAE Correspondent partnership of Dhs 10 million tion for at least three years’ ‘A’ sion includes the terms to grant directors, spouse and children. for the work in the applicant’s omy Exceptional Talents; those
($2.72 million) or more, or a total standard financial liability with a long-term visa to two categories The entrepreneur is allowed en- jurisdiction; contribution to a who have exceptional talents
HE UAE Cabinet recently investment of not less than Dhs financial solvency not exceeding of entrepreneurs: Those having try into the country for six major scientific research related that are documented by patents
investment environment
ment for the growth of business cialists, scientists, inventors as to 10-year professional experi- a university degree and working
for investors, entrepreneurs and
professional talents.
The decision of the cabinet
follows the decision approved
earlier this year to grant investors
a 10-year residency visa, as well
as to grant residency visas of up
to 10 years for specialists in the
medical, scientific, research and
technical fields, and for scientists
and creative talents of culture
and arts, including their spouses
and children. The decision aims
at maintaining the position of the
UAE as an optimal business en-
vironment.
The decision includes the
terms and conditions for obtain-
ing long-term visas for investors,
entrepreneurs, specialised tal-
ents, researchers in the fields of
science and knowledge, and
outstanding students to attract
talents in all vital sectors of the
national economy. The visa ben-
efits also include the spouse and well as creative individuals in the ence in the applicant’s field of in a private company in the
the children to ensure a cohe- field of culture and art. The work; specialisation in areas of UAE). The inclusion of this cat-
sive family and social structure visa’s advantages include the priority to the UAE (additional egory aims at maintaining cur-
and to create a stimulating en- spouse and the children. requirement for doctors). rent competencies and attracts
vironment for stability and All categories are required Scientists – They must be new competencies.
growth. to have a valid employment accredited by the Emirates Sci- Outstanding students –
The decision includes the contract in a specialised fields entists Council; holders of the The decision also includes pro-
provisions to grant investors of priority for the UAE, and the Mohammed bin Rashid Medal visions for granting a 5-year visa
from UAE and broad a long-term will be granted a renewable res- ner contributes Dhs 10 million, incubator in the country. Entre- conditions for each category for Scientific Excellence. to outstanding students with a
visa. It defines two categories idency visa every 10 years. the spouse and the children, as preneurs will be granted a 5- are defined as follows: Creative individuals – Cre- grade of at least 95 per cent in
for investors: Investors in a The cabinet decision out- well as one executive director year visa with a possibility for Doctors and specialists ative individuals in culture and public secondary schools in
property of a value of Dhs 5 mil- lines the following conditions for and one advisor. The decision al- upgrading to an investor’s visa (at least 2 of the conditions art must be accredited by the public and private schools, and
lion ($1.36 million) or more will both categories: The amount in- lows investors to enter the coun- provided they meet the require- mentioned here must be met) Ministry of Culture and Knowl- a distinction of at least 3.75 GPA
be granted a residence for 5 vested shall be wholly owned by try for a six-month period, multi- ments. – Holder of a PhD degree from edge Development Inventors; upon graduation from universi-
years, and investors in public in- the investor and not loaned, and ple entries, to apply for the The benefits of the entrepre- one of the top 500 universities obtain a patent of value added ties within and outside the coun-
vestments through a deposit, an should be proven by supporting long-term visa requirements. neurial visa include entrepre- in the world; holder of an award to UAE’s economy with the ap- try. Benefits include families of
Fashion Corner
established company, business documents; investment reten- Entrepreneurs – The deci- neurs, partners, three executive or certificates of appreciation proval of the Ministry of Econ- the outstanding students.
Seventh Sense
Suresh Sawant
Printed by N.R.K. Pillai and published by him on behalf of Aishwarya Publications Pvt. Ltd. and printed at M/s. Dangat Media Pvt. Ltd., 22, Digha, MIDC, TTC Industrial Area, Vishnu Nagar, Digha, Navi Mumbai-400 708 and published from 302, Eruchshaw Building, 3rd Floor, 249 Dr. D.N. Road, Fort, Mumbai 400 001. Editor: N.R.K. Pillai.