Nine confirmed dead in Egypt leisure boat accident



Egyptian police divers were searching for at least five people missing and presumed dead after their leisure boat sank in a lake near the Mediterranean port city of Alexandria on Tuesday, local officials said.

At least 19 people were on the boat when it capsized and sank in Lake Mariout on Monday night. The divers have so far retrieved nine bodies from the wreck, including children aged between one and four, they added.

Five other passengers were rescued and taken to hospital.

A preliminary police report blamed the boat being overloaded as the cause of the accident. Overloading has been the cause of the vast majority of similar accidents in the past, particularly on Nile ferries and leisure boats.

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Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Changing visa rules

For decades the UAE has granted two and three year visas to foreign workers, tied to their current employer. Now that's changing.

Last year, the UAE cabinet also approved providing 10-year visas to foreigners with investments in the UAE of at least Dh10 million, if non-real estate assets account for at least 60 per cent of the total. Investors can bring their spouses and children into the country.

It also approved five-year residency to owners of UAE real estate worth at least 5 million dirhams.

The government also said that leading academics, medical doctors, scientists, engineers and star students would be eligible for similar long-term visas, without the need for financial investments in the country.

The first batch - 20 finalists for the Mohammed bin Rashid Medal for Scientific Distinction.- were awarded in January and more are expected to follow.


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