The UAE government has announced the granting of five-year visas to the 100 best emerging Arab companies selected during the World Economic Forum for the Middle East and North Africa, held in the Kingdom of Jordan on April 6 and 7.
According to the Emirates News Agency, the announcement of the UAE granting long-term visas came during the participation of His Excellency Abdullah bin Touq, Secretary-General of the Council of Ministers, and His Excellency Khalfan Juma Belhoul, President The Executive of Dubai Future Foundation, in a pivotal session on stimulating emerging Arab projects by developing legislation and supporting entrepreneurship.
The UAE embraces 20% of emerging projects in the region, according to the latest World Economic Forum reports, and in the UAE there are 19 promising emerging projects out of 100 projects in the Arab region It is expected to shape the future of the fourth industrial revolution in the region.
His Excellency Abdullah bin Touq said: The UAE leads the Middle East and North Africa region in emerging technology projects thanks to the establishment of an attractive legislative structure for innovation, which is essential for startups.
He added: Cooperation between the UAE and the World Economic Forum and the granting of long-term visas to the 100 best emerging Arab companies aiming to facilitate the conduct of business and create an attractive and encouraging environment for the growth and success of companies, It confirms the UAE’s position as a global destination for attracting talents and talents.
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