Download - Permanent UAE residency is a reality with the Golden Card

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Business Extra

Business

Permanent UAE residency is a reality with the Golden Card

2019-05-23

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Thousands of foreign investors and residents have been identified for a "golden card" permanent residency scheme, Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai announced on Tuesday.

Top business leaders from across the Emirates said the move will give investors greater confidence to settle in the country. They also believe it will create greater demand for buying property, boosting a sluggish property market in Dubai and Abu Dhabi.

Host Mustafa Alrawi, Assistant Editor in Chief, and Kelsey Warner, Assistant Business Editor, discuss the potential impact that the 'Golden Card' could bring (1.50).

We then discuss the latest developments around Chinese telecoms equipment maker Huawei which is being targeted by Washington over concerns its 5G domination could open a back door for Beijing (8.50).

Also in this episode, Chris Nelson interviews Zeina Akkawi (14.45), a co-founder of The PlayPreneurs Club, which helps Emirati entrepreneurs access mentoring to build their businesses.