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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New Delhi (PTI): Prime Minister Narendra Modi on Tuesday said the government is trying to procure gas and crude oil from all available sources, and efforts will continue in the coming days as the war in West Asia has created a serious energy crisis globally.

In a statement in the Rajya Sabha, Modi said the war in West Asia is a cause of concern, and India wants peace in the region through dialogue and diplomacy.

India's aim is de-escalation of the war and opening of Strait of Hormuz, he said, adding the country's attempt is to encourage all sections to peacefully resolve all issues.

If the West Asia crisis persists for a longer period, serious consequences are imminent, the prime minister said.

Commenting on India's efforts for energy security, he said in the past 11 years, 53 lakh MT strategic oil reserves have been created; work on 65 lakh MT additional capacity is on.

Besides, the government has started a Rs 70,000-crore project to manufacture ships, he added.