Uncategorized

Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

UAE to let foreigners ‘live and work’ under green visas

Tourists and visitors of different nationalities enjoy walking and dining out at "The Beach" in Dubai.
By TRENDS Desk
September 5, 2021 4:26 pm
  • Visas announced during launch of UAE's 'Projects of the 50' initiative
  • The Green visas will allow entrepreneurs and other professionals to live and work in the UAE

The United Arab Emirates has decided to give out new visas allowing foreigners to settle in the emirates.

The Green visa and Freelancer visas were among the latest initiatives unveiled on Sunday during the launch of the UAE’s “Projects of the 50” strategy.

The Green visas will allow entrepreneurs and other professionals to live and work in the UAE, while the Freelance visas are for foreigners who are looking to work on their own.

The “Projects of the 50” seeks to contribute to achieving a “paradigm shift” of the UAE economy and support the country’s economic diversification efforts.

The launch of the projects coincides with the UAE’s Golden Jubilee celebrations.

 

Most Read

Environment Agency – Abu Dhabi issues marine water quality policy

ABU DHABI,  UAE – The Environment Agency – Abu Dhabi (EAD) has issued a policy on sustaining marine water quality that reviews the current situation and main challenges related to…

Energy, commodity prices hurt profits of GCC firms

GCC-listed companies' net profit dropped to US$ 57.9 billion in Q2-2023. While retail, capital goods, and utilities sectors faced profit declines, the banking sector thrived.

Exclusive: Private military companies look at $366.8bn market as their demand, role in global conflicts rise

Rising security concerns, confrontational geopolitics, and chaotic global changes have fueled the demand for private military companies, the new reality of modern warfare.

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

3 ways travel drives economic growth while enhancing global connections and sustainability

WTTC research shows that, having endured estimated losses of $4.5 trillion and 62 million jobs in 2020 alone, travel and tourism has recovered and is set to reach new heights.…