The Dubai Land Department (DLD) has handed out five-year UAE residency visas to 20 investors.
The individuals belong to a dozen different nationalities, with their value of direct real estate investments collectively exceeding AED 200 million.
The 20 investors were given their long term visas in coordination with the General Directorate of Residency and Foreigners Affairs (GDRFA).
Officials say their individual investments in the local real estate market surpass AED 5 million each.
UAE, Ukraine Presidents witness CEPA signing
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Volodymyr Zelenskyy, President of Ukraine, on Monday attended the signing of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
New AED 25 hour event parking tariffs begin in Dubai
Vehicle parking at major events in Dubai will be charged at AED 25 an hour coming into effect on Monday, parking company Parkin confirmed.
Abu Dhabi issues new endowment company rules
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IDC 2025 discusses global disruptions, defence preparedness
The International Defence Conference 2025 commenced on Sunday at Emirates Palace in Abu Dhabi, bringing together defence and security leaders, experts, and companies from around the world to discuss key challenges and opportunities in the sector.
Dubai Energy Council reviews carbon emissions progress
Ahmed bin Saeed chaired the Dubai Supreme Council of Energy meeting on Sunday, which reviewed progress in carbon emission reduction technologies in alignment with the UAE’s Net Zero 2050 Strategy and the Dubai Carbon Abatement Strategy 2030.
