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UAE Based Aries Group to Produce 1000 Regional Films Under Project Indywood

Biju Majeed will direct the film, whose script is written by K. Shibu Raj. P.C. Lal will wield the camera and Biju Ram will compose the music for the film, which would be shot in Kerala and completed in one schedule.

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UAE-based Aries Group on Saturday announced it will use its Corporate Social Responsibility (CSR) funds to produce 1,000 regional films in the next five years under its
UAE based Aries Group will use CSR funds for the films. Pixabay

UAE-based Aries Group on Saturday announced it will use its Corporate Social Responsibility (CSR) funds to produce 1,000 regional films in the next five years under its “Project Indywood”.

The project will be launched with the pooja of a film titled “Aickkarakonathe Bhishaguaranmaar” at Punalur near here on Sunday, said Aries Group Chairman and CEO Sohan Roy.

“‘Aickkarakonathe Bhishaguaranmaar; will mark the launch of Project Indywood’s ambitious plan to produce 1,000 regional movies in India in the next five years. Besides prominent actors from the industry, twenty talents discovered through the national-level auditions conducted by Indywood Talent Hunt will play important roles in the movie,” he told media here.

UAE-based Aries Group on Saturday announced it will use its Corporate Social Responsibility (CSR) funds to produce 1,000 regional films in the next five years under its "Project Indywood".
The shooting of the films will take place in Kerala. Wikimedia commons

Biju Majeed will direct the film, whose script is written by K. Shibu Raj. P.C. Lal will wield the camera and Biju Ram will compose the music for the film, which would be shot in Kerala and completed in one schedule.

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Roy, a Kerala-born marine engineer-turned-film director, shot to international acclaim in 2011 with his film “DAM999” which was selected for the Oscar race that year in three categories – Original Song, Original Score and Best Picture.

Though “DAMA999”, which tells the tale of a cracking dam built during colonial rule and how it impacts nine characters, failed to secure a place in the final nomination list of the 84th Academy Awards, it bagged two honorary awards at the Global Music Awards held at California. (IANS)

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UAE Signs $3 Billion Support For Pakistan

The two countries earlier in January were said to have finalised the terms and conditions of the support package, which involves $3.2 billion worth of oil supplies on deferred payment in addition to the $3 billion cash deposit

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Imran Khan, Taliban
Pakistan's Prime Minister Imran Khan speaks during a press conference in Putrajaya, Malaysia, Nov. 21, 2018. VOA

Pakistan and the United Arab Emirates (UAE) signed a $3 billion support package on Tuesday as pledged by Abu Dhabi to boost the liquidity and foreign exchange reserves of the cash-strapped country.

The package was signed by Abu Dhabi Fund for Development (ADFD) Director General Mohammed Saif Al Suwaidi and the State Bank of Pakistan Director Tariq Bajwa at a ceremony here.

According to the package, the UAE will deposit $3 billion in the State Bank of Pakistan to support the country’s financial and monetary policy, the state-run WAM news agency reported.

Imran Khan, Sikh
Pakistan’s Prime Minister Imran Khan is seen during talks in Beijing, China. VOA

The amount will be paid to Pakistan in three instalments.

The UAE had announced its intention to inject $3 billion cash into Pakistan via the ADFD in December 2018, a month after Prime Minister Imran Khan undertook his second trip to the country since assuming office.

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The two countries earlier in January were said to have finalised the terms and conditions of the support package, which involves $3.2 billion worth of oil supplies on deferred payment in addition to the $3 billion cash deposit. (IANS)