The chairman of the Lulu Group has become the first recipient of Bahrain’s new golden visa for foreign nationals.
UAE-based Yusuff Ali was handed the visa in a ceremony attended by Bahrain's King Hamad and Crown Prince and Prime Minister Salman bin Hamad.
The visa is part of a plan to attract talent and boost the economy.
It is a very proud and humbling moment in my life to receive this honour
Yusuff Ali
“Obviously, it is a very proud and humbling moment in my life to receive this honour,” Mr Ali said.
He thanked King Hamad, Prince Salman and the government of Bahrain.
“I am sure this new permanent residency initiative will further boost Bahrain's image as one of the key investment and business hubs of the region as well as attract and retain new investors here," he said.
Mr Ali, 66, was presented with his golden visa at a ceremony at Riffa Palace.
Lulu, based in Abu Dhabi, is a major employer in the Gulf with more than 50,000 staff.
In April 2021, Mr Ali his wife, two pilots and two other passengers survived an emergency landing in the helicopter they were travelling in during bad weather in Kerala, India.
He spent time recovering after the accident.
Under previous rules, Bahrain residents could only get a renewable visa tied to their employment status.
A golden visa allows them to extend the visa for an indefinite period and provide a residence permit for close family members.
To qualify, a person must have lived in Bahrain for at least 5 years and earn an average salary of at least 2,000 Bahraini dinars ($5,306) a month.
Similar to the UAE’s golden visa programme, retirees, talented people who fit certain criteria and those who own real estate above a certain value can also apply.
There are 11 Lulu stores across Bahrain, and the kingdom has big plans for expansion which include a metro network and national exhibition centre.
Bahrain’s population is also set to expand, with five cities planned on newly constructed islands that will increase the kingdom's land area by more than 60 per cent.
At 183 square kilometres, Fasht Al Jarim is the largest and will become a hub for housing, tourism and logistics.
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TERMINAL HIGH ALTITUDE AREA DEFENCE (THAAD)
What is THAAD?
It is considered to be the US's most superior missile defence system.
Production:
It was created in 2008.
Speed:
THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.
Abilities:
THAAD is designed to take out ballistic missiles as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".
Purpose:
To protect high-value strategic sites, such as airfields or population centres.
Range:
THAAD can target projectiles inside and outside the Earth's atmosphere, at an altitude of 150 kilometres above the Earth's surface.
Creators:
Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.
UAE and THAAD:
In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then stationed them in 2016, becoming the first Gulf country to do so.
New Zealand 21 British & Irish Lions 24
New Zealand
Penalties: Barrett (7)
British & Irish Lions
Tries: Faletau, Murray
Penalties: Farrell (4)
Conversions: Farrell
The biog
Name: Greg Heinricks
From: Alberta, western Canada
Record fish: 56kg sailfish
Member of: International Game Fish Association
Company: Arabian Divers and Sportfishing Charters
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
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What are the regulations?
- Fly it within visual line of sight
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- Should have a live feed of the drone flight
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Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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The biog
Name: Dhabia Khalifa AlQubaisi
Age: 23
How she spends spare time: Playing with cats at the clinic and feeding them
Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need
Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman
Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs
Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing
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Paris Can Wait
Dir: Eleanor Coppola
Starring: Alec Baldwin, Diane Lane, Arnaud Viard
Two stars
KILLING OF QASSEM SULEIMANI
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Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
MATCH INFO
Inter Milan 2 (Vecino 65', Barella 83')
Verona 1 (Verre 19' pen)
LAST 16
SEEDS
Liverpool, Manchester City, Barcelona, Paris St-Germain, Bayern Munich, RB Leipzig, Valencia, Juventus
PLUS
Real Madrid, Tottenham, Atalanta, Atletico Madrid, Napoli, Borussia Dortmund, Lyon, Chelsea
