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.
Sharjah to impose 20% tax on natural resource companies
A new law in Sharjah is set to impose a 20 per cent corporate tax on companies involved in extractive and non-extractive natural resources, it was announced on Thursday.
ADNOC Drilling records revenue of AED 14.7 bln
ADNOC Drilling Company PJSC has recorded a 32 per cent increase in revenue in 2024, reaching AED 14.70 billion.
Abu Dhabi eases business expansion for firms registered in other emirates
Abu Dhabi's Department of Economic Development (ADDED) has announced new measures to support business growth and expansion across the emirate.
Chad advisor calls for direct flights from UAE
The Advisor for Telecommunications, Digital Economy and Digitalisation of the Administration to the Prime Minister of Chad has expressed his country's interest in collaborating with Emirati airlines, regarding direct flights between the two countries.
Roblox expands into Middle East with Arabic support
Roblox is making a significant push into the Middle East by introducing Arabic-language support, aimed at making the popular gaming platform more accessible to millions of users in the region.
