Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Charity, humanitarian aid workers to get UAE’s Golden Visas

  • Dubai ruler Rashid Al Maktoum said Golden Visa will provide charity workers in the UAE a safe haven to pursue their work.
  • He cites establishment of the Dubai International Humanitarian City as an example of the emirate's commitment to humanitarian causes.

DUBAI: Charity and humanitarian aid workers will be provided the UAE’s Golden Visas by the government in recognition of their efforts and sacrifices, Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced on Wednesday.

The Golden Visa system grants its beneficiaries in the UAE – including expatriates and their families who wish to come to work, live and study in the country –residence visa for five to 10 years, which is automatically renewed for people who fall into any of certain categories including investors, doctors, entrepreneurs, scientists, creators, inventors, researchers in various branches of science, technology and innovation, and outstanding students.

The government said the Golden Visa for outstanding charity and humanitarian workers residing in the UAE provides them with a safe haven to continue their work.

“It will also enhance their ability to communicate with local, regional and global charity and humanitarian organizations, from the most digitally advanced and connected places on the planet,” a government statement said.

Making the announcement on the World Humanitarian Day, Al Maktoum said, “We pay tribute to the selfless heroes in the UAE, as one of the world’s largest humanitarian hubs, to support charity and aid professionals who have dedicated their lives to improving the welfare of underprivileged.”

He said Dubai established Dubai International Humanitarian City (IHC) in 2011 as an example of its efforts to lead humanitarian causes. The largest humanitarian destination in the world, IHC is a non-profit, independent, humanitarian free zone authority that hosts over 80 members comprising of UN organizations, non-profits and non-government organizations, and commercial companies, the statement said.