Middle Eastern Times

Caribbean Galaxy CEO Ying Jin and CIU Unit CEO Les Khan Dubai: Chief Executive Officer (CEO) of Citizenship by Investment Unit (CIU), Les Khan has become implicated in an alleged scam worth US $165 million from a prison construction project in St Kitts.   Caribbean Galaxy - a construction firm based in St Kitts and Nevis has a contract to construct a prison. The government has provided the company with 5,500 citizenship applications as compensation for completing the prison project with applicable government fees, reveals an agent based in Dubai. In a bid to acquire this contract, the CEO of Caribbean Galaxy, Ying Jin, CEO of CIU Les Khan had an obscured agreement that on the sale of each citizenship, Ying Jin would pay the US $10,000 to CEO Les Khan - which he will reportedly share the sum with Prime Minister of St Kitts and Nevis Timothy Harris, totalling over the US $55 million and her company (Caribbean Galaxy) will subsequently generate revenue of US $20,000 on sale of each ci...

When Elon Musk was once asked what advice he would give to a person who wanted to emulate him, he replied he thought it would be better if they didn't try to be like him in the first place. "Not as much fun [being me] as you would think," he quipped. On Wednesday, Mr Musk topped the  Forbes ' 2022 World Billionaires List for the first time.  Forbes  hailed his efforts to "revolutionise transportation both on Earth, through electric car maker Tesla – and in space, via rocket producer SpaceX". The day before, Twitter said it would give Mr Musk a seat on its board after he took a 9 per cent stake in the company. He is likely to use his new position to make changes at the company, having expressed criticism about Twitter's record on free speech. As an entrepreneur, he is considered a role model, even if he is a somewhat controversial one at times. His Tesla business delivered a record number of cars over the past year – more than one million – althoug...

Les Khan- CEO of Citizenship by Investment Programme of St Kitts and Nevis reportedly stayed at Armani Hotel Dubai, Downtown for three nights during his official visit to Dubai in November 2021. As per sources, he was accompanied by Ying Jin (CEO of Caribbean Galaxy Real Estate Ltd.) It was revealed that both Les Khan and Ying Jin duo stayed in the same suite and accompanied each other during St Kitts and Nevis delegation’s official visit to Dubai, United Arab Emirates. The sources stated that Les Khan and Ying Jin (CEO of Caribbean Galaxy Real Estate Ltd.) spent three nights together in the luxury suite while sharing the same bed during their stayover. They were together from 16 November 2021 to 18 November 2021. The closeness of the CEO with a CBI Programme agent can disregard the impartial nature of the unit’s functioning. The citizenship by investment programme applications are processed by the Citizenship by Investment Programme Unit of St Kitts and Nevis, but the duo's close-...

The desert has never been far from Dubai's doorstep. Now a modern financial hub of some three million people, the United Arab Emirates’ (UAE) most populous city remains surrounded on one side by sea, on the other by a seemingly endless carpet of sand. Over the last 50 years the city has become a somewhat improbable success story, transforming from a sleepy fishing port to a shining urban metropolis. But despite its opulence, the city faces a major challenge: encroaching deserts which threaten the emirate's remaining fertile land. The UAE is around the same size as Portugal, but some 80% of its land area is already desert. Its ecosystem is fragile and, partly due to desertification, much of its most valuable land is coming under increased strain. A government report published in 2019 stated that "with an increase in population and food consumption systems, land degradation and desertification are becoming rampant". Finding effective solutions has become a priority for ...

  With the advent of new-age technologies, the UAE’s job market is constantly evolving as the public and private sectors are constantly adopting these new technologies. It’s expected that the UAE’s job market will witness substantial changes as a result of rapid technological developments and modern techniques, requiring job seekers in the country to upskill to match the requirements of the local and global employers. A Bayt.com survey has revealed that although 80 per cent of respondents in the Mena region are satisfied with their professional and personal growth during the past year, finding a new job emerges as the top career-related resolution for 56 per cent of respondents, followed by getting a promotion or a salary raise (21 per cent), learning new skills at work (21 per cent) and improving relationships with colleagues and managers (2 per cent). The UAE’s federal ministries have always been a guiding force for the sectors that they’re regulating. Keeping this tradition aliv...

Saudi Arabia is considering plans to cancel the much derided foreign worker sponsorship system, known as kafala and replace it with a new form of contract between employers and employees. More than ten million foreign workers are said to be living in Saudi Arabia under the decade old kafala system, which rights groups say leaves workers vulnerable to exploitation. Kafala requires them to be sponsored by a Saudi employer and be issued an exit/re-entry visa whenever they want to leave the country. The move would be the latest in a series of economic reforms as the country turns away from its dependence on oil revenues under the Kingdom’s Vision 2030. The abolition of the sponsorship system would give expatriate workers freedom to secure exit and entry visas, receive the final passport exit stamp without a sponsor, and gain employment without approval from a sponsor. “The Ministry of Human Resources and Social Development intends next week to announce a new initiative that improves the co...

Turkish President Recep Tayyip Erdogan has lodged a criminal complaint against Dutch far-right politician Geert Wilders over a series of insulting tweets. Wilders shared a cartoon picture of Erdogan wearing a bomb-resembling hat on his head with the caption “terrorist” on Saturday. On Monday, he posted an image of a sinking ship with a Turkish flag on it. “Bye bye @RTErdogan. Kick Turkey out of NATO,” he said under the photo. Erdogan’s lawyer Huseyin Aydin submitted the complaint to the Ankara Chief Public Prosecutor’s office for “insulting the president” – a crime in Turkey punishable by up to four years in prison. “Suspect Wilders, in his content targeting our first [directly] elected [by public] president, used expressions insulting the honour and dignity of our president, and committed the crime publicly by targeting his personality, dignity and reputation,” state-run Anadolu news agency quoted the complaint as saying on Tuesday. ‘Fascism’ Wilders is one of Europe’s most prominent ...