UAE seeks to lure tech firms with long-term residency, financing ...Qatar

The United Arab Emirates is trying to lure advanced technology companies away from hubs in Asia and Europe by fast-tracking business licences and offering long-term residency for employees. The Gulf country is targeting more than 300 digital firms under a programme launched in July and about 40 companies are in the process of moving, Minister of State for Foreign Trade, Thani al-Zeyoudi, said in an interview. The UAE’s nimble handling of the pandemic and liberal visa policies have already made it an attractive destination for bankers and hedge fund managers to commodity traders. Authorities now want to attract firms in sectors including food technology, robotics and blockchain, and encourag

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UAE seeks to lure tech firms with long-term residency, financing ...Qatar

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