Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

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.