Beyond Remittance: NRI Conference begins today in Kuwait

[email protected] (S M Farooq)
February 9, 2012

kuwaitcity

Kuwait City, February 9: the first Middle East NRI conference based on a theme “Beyond Remittance: Can an ordinary NRI save for his retirement” will begin in Kuwait on Thursday at Hotel Ramada International Reggae.

The event organized by Kuwait Kerala Muslim Association (KKMA) and the Foundation for Enhancing Expatriates Life (FEEL) along with State Bank of Travancore (SBT) would focus and explore different ideas and characteristics of savings products that can facilitate the commitment to save by lower income group of NRIs; and how government can participate in such ventures.

The Beyond Remittance Conference is expected to come up with a set of recommendations to improve the impact of remittances by encouraging saving and investment habits among NRIs. The conference shall help identifying key issues and make appropriate recommendations for action by the government authorities, financial institutions and organizations for developing savings schemes aimed at NRI rehabilitation and retirement income.

The two-day Conference will begin today with an Experts Dialogue session participated by financial experts, business executives and social leaders will be conducted to review the role of government, financial institutes and social welfare organizations in fostering financial inclusion of lower income NRIs. On Friday, the Ambassador of India Shri Satish C. Mehta will inaugurate the first ever NRI Conference discussing savings issues of lower income groups of Non Resident Indians. Featuring expert speakers from government, finance and social sectors and 500+ delegates, this is a unique opportunity for social leaders to gain invaluable insights into the financial concerns of ordinary NRIs and explore possibilities to assist them in securing their future.

Mr. M.M. Hasan, former minister for NRI Affairs in Kerala State, Padmashree holders of government of India Dr. Azad Moopen and CK Menon, NORKA Roots CEO Mr. Noyal Thomas, Managing Director of State Bank of Travancore, Mr. Nandakumaran P., SBT’s Chief Manager for International Banking Business Mr. Jyothish Kumar, UAE Exchange Company’s chief operating officer Mr. Sudhir Shetty, Mr. Pramod Mangatta, Global Operations Vice President along with prominent business and community leaders from Kuwait will attend in this Conference.

The experts and prominent personalities from multi fields, such Mr. Sunny Mathew ,Mr. John Mathew Arab Entertech Deputy Chairman, R Kuppanna Kuwait Indian Exchange General Manager, Mr. K.N. Das Lulu Exchange General Manager , Mr. Pancily Varkey Country Head UAE Exchange, Mr. K.P. Paulson, Strategic Head Alahli Bank Kuwait, Mr. Sala Ahmed Al Salah from Kuwait Inernational Bank, Mr. E.D. Titus Bahain Exchange Company, Mr. Rajesh Gairola Al Mulla Exchange Company, Mr. Rexy Willams Asset Avenues will present relevant papers at the Conference.

The Beyond Remittance Conference shall also witness dedication of the Foundation Foundation for Enhancing Expatriate Life (FEEL) and also honoring prominent personalities with NRI jewels award for their significant contribution for the welfare of NRIs in the gulf countries.


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News Network
March 28,2024

An Indian expatriate, hailing from Dakshina Kannada district in Karnataka, who was detained in Jeddah jail in an alleged cyber case, was set free recently. He is allowed to continue his work in the same company. 

The 49-year-old Mangalurean, has been working for a Maintenance company in Jeddah for more than 13 years. He is known for his efficiency and sincerity in the company with good experience in his field of work. 

His company usually assigned him on duty in Jeddah sea port to take the delivery of the goods consigned to his company. As a part of his duty, he normally takes pictures of the goods before the transportation. He did the same in February 2023 too. 

The security personnel informed the police about his act that amounts to be a violation of the port security rule. He was unaware of the rule as he was doing it normally in the port during the release of the goods. Since then, he was detained by the police on the charge of photographing inside the port premises. After more than 6 months detention, he was released and allowed to work in the same company. 

The detainee’s brother based in Jeddah was constantly pursuing the case.

P A Hameed Padubidri, a pro-bono NRI lawyer and social worker based in Riyadh, extended his socio-humanitarian help in this case upon the request of his family and relatives. 

He actively involved trying to set him free from the jail on humanitarian grounds with the coordination and help of the Consulate General of India (CGI) Jeddah. The CGI keenly followed up the case with the concerned Saudi authorities. He was released from the jail recently and shared his happiness with his family and thanked good samaritans. 

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