Dubai: Kerala businessman Dr. PA Ibrahim Haji, Co-Chairman Malabar Group and Chairman PACE Group on Monday was awarded with the UAE’s 10-year permanent residency Golden card. Dr. Ibrahim Haji received his Golden card by Lieutenant Colonel Omar Matar Khamis Al Mezaina, Director of Establishment Department, General Directorate of Residency and Foreigners Affairs, Dubai.

Dr. Ibrahim joins the list of around 400 outstanding expatriates, including business leaders who have received the Golden card since the UAE government introduced the permanent residency earlier this year.

Doctors, investors, specialists and students (those with a grade of 95 per cent and above in general secondary and university students with a grade of 3.75 and above. Executive managers with a monthly salary of Dh30,000 and above are also eligible for the long-term visa.

"Granting the 10-year visa is a great initiative by the Government of UAE. This step is in fulfillment of the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime minister of UAE and Ruler of Dubai, to make UAE one of the most investor friendly countries in the world. It has benefited not only the investor residents of UAE but also this is an attraction for more and more businessmen from all over the world to live and establish themselves in UAE. This will also contribute not only to the economic development of this country but also technological advancement and scientific research with the advent of the skilled new generation," the company said in a statement.

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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.

He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.

The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.

Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.

"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.

The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.

He proposed that a similar event should also be held in New Delhi.