Search Site

Trends banner

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

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.
  • 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.