Where can bachelors go now?



KB Murali, the president of the Kerala Social Centre, says that as rents have gone up and buildings have been torn down, there are fewer and fewer places for bachelors to live. It is bank clerks, drivers, hair dressers, and tea boys who are struggling the hardest to find a room in the capital, he says. The number of demolition permits issued in 2008 by the municipality's town planning section reached 282 in 2008, up from 162 the previous year, a 74 per cent increase.

"There is always resistance from the landlords to bachelors," he said. "The rent has gone up to an extent where they can not even afford the bad conditions. Now what they are doing is moving out of the city, which in itself is a problem," he added, noting that many men do not drive. "Many of them are living in terrible conditions," he said. * The National

Sukuk explained

Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
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Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5