Dubai Based Billionaire Ropes In India's Metro Man E Sreedharan To Rebuild Flood Ravaged Kerala
Kerala, August 25: Dr Shamsheer Vayalil, a Dubai based Indian origin billionaire entrepreneur and philanthropist who had earlier pledged Rs 50 crores to rebuilt flood ravaged Kerala has got one of India's most respected infrastructure experts to do the job.
Shamsheer, the founder and managing director of UAE-based VPS Healthcare said India's Metro Man E Sreedharan will be joining their task force to rebuild Kerala.
#MetroMan - Dr. E Sreedharan, we are humbled and delighted that you are joining our Task Force for #Kerala in spite of your busy schedule. Your experience and insights will be invaluable in helping shape the #recovery, #rebuilding and #rehabilitation programs. #rebuildingKerala pic.twitter.com/Jcgr1tyOdF
— Shamsheer Vayalil (@drshamsheervp) August 22, 2018
According to Shamsheer, Sreedharan will be a part of the group's activities related to rebuilding and rehabilitation in Kerala.
The announcement comes at a time when Kerala is trying to recover from the worst flooding in nearly a century which battered the entire state for nearly two weeks.
Though the flood waters have more or less receded, the damages suffered to the infrastructure is enormous.
AFP
Across the state, roads, bridges and other infrastructure have taken a massive hit and it is estimated that it will take at least a good few years to restore them and expenses running into thousands of crores.
Earlier, announcing a Rs 50 crore package for the state, the 41-year-old Kerala-born businessmen said the group will work in partnership with key stakeholders, including local authorities, and experts – in education, health care and housing — to use best practices and innovative strategies to ensure these vital ecosystems can recover quickly and efficiently.
He had also indicated that the money will be spent throughout the state and certain areas have already been identified for immediate help.
Shamsheer who is estimated to be worth $1.5 billion is regarded as one of the richest Indian businessmen in the Middle East.
Earlier this year Shamsheer and his wife Dr. Shabeena joined The Giving Pledge, a campaign founded by Bill Gates, Melinda Gates and Warren Buffett, to encourage the wealthy to contribute their wealth towards philanthropy.
He is also the son-in-law of MA Yousuf Ali, a successful Malayali businessman in the Middle East and the chairman and managing director of Lulu group who himself has donated Rs 5 crore to the flood relief in Kerala.
Courtesy: www.indiatimes.com
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Israel, UAE report they are intercepting, responding to missiles despite ceasefire claim
Tel Aviv/Abu Dhabi: Fresh missile activity has been reported despite claims of a ceasefire between Iran and its adversaries. The Israeli military said it detected missile launches from Iran and confirmed that its defence systems were actively working to intercept the threat.
“Defensive systems are operating to intercept the threat,” the military said in a statement.
At the same time, the United Arab Emirates also reported a missile threat. The Emirati National Emergency Crisis and Disaster Authority said air defence systems were responding.
“Air defense systems are currently responding to a missile threat. Please remain in a safe location and follow official channels for warnings and updates,” the agency said in a statement issued to residents.
The developments come even as reports suggest a ceasefire agreement is in place, indicating that hostilities may still be continuing despite the announced pause.
