Media Release
Dammam, Jun 16: Hailing from Karnire near Kannangar, pride of Mangalureans living in Saudi Arabia, KS Sheikh Karnire, vice president of Expertise Contracting Ltd, has become one of the few Indians to receive permanent residency in Saudi Arabia after the Kingdom recently permitted foreign nationals to own business and property in Saudi Arabia.
Reacting to the news Sheik said, “My heartfelt thanks to King Salman, Crown Prince Mohammed Bin Salman, and the entire Saudi Government. No doubt, this is a proud moment for me. I am delighted and happy. My sincere thanks to the people who have trust in Expertise and my brothers who are the driving force behind the success of Expertise."
The Premium Residency, informally known as Saudi Green Card, is a residence permit in Saudi Arabia that grants expatriates the right to live, work and own business and property in the Kingdom without the need for a sponsor.
The introduction of the Premium Residency comes as a part of Saudi Arabia's Vision 2030 reform plan, which was announced by Crown Prince Mohammed bin Salman to boost the Saudi economy.
Expertise Contracting Company, founded in 1999 has been a renowned Industrial service provider of KSA.
Expertise services span major industrial divisions allowing them to serve a variety of sectors including petrochemical, oil & gas, fertilizer, steel, cement, water treatment, and power generation verticals. With headquarters in Jubail Industrial City, KSA, Expertise boasts an operating terminal of 300,000 sq meters and has branch offices across the kingdom.
He is well known to all expatriates living in eastern province because of his social activities among NRIs.
It can be recalled that Sheik and his team had supported the stranded employees and families during COVID 19 pandemic to safely bring them back from Saudi to India through more than 10 chartered flights to the various cities of India. They are also running an NGO under the name of KS Sayeed Charitable trust supporting a number of downtrodden families with food, shelter, and education.
Sheik had entered the kingdom as an automobile engineer and built the company along with his five brothers.