The UAE is loosening residency rules to attract international talent to the country and has announced a new “green” visa that will remove the requirement for expats to be sponsored by an Emirati employer, Bloomberg and the Financial Times report. The changes will also allow individuals who lose their jobs to remain in the country for 180 days, as part of post-covid measures to retain wealthy residents, many of whom had to leave during after pandemic induced lockdowns and job cuts last year.
More from Enterprise
Our friends at EFG Hermes and Beltone pick up fresh accolades, along with CIB
EFG Hermes retained the top corporate access spot on Extel’s…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Inside the retail wave reshaping EGX
Individuals are setting EGX prices day to day, trading on…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…