UAE: UAE to Grant 10-Year Visa “Blue Residency” to Sustainability Experts

Wego reports that the United Arab Emirates (UAE) has recently introduced the ‘Blue Residency,’ a long-term residency visa aimed at environmental advocates. This 10-year visa will be awarded to individuals who have made significant contributions to environmental conservation.

The Blue Residency covers a broad spectrum of environmental pursuits, ranging from improving air quality to promoting green technology. This approach ensures that diverse contributions to environmental protection are acknowledged and appreciated.

During a Cabinet meeting, Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of the UAE, underscored the crucial link between economic and environmental sustainability. He stated, “The sustainability of our economy has become linked to the sustainability of our environment.”

The Blue Residency is one of several initiatives launched to commemorate 2024 as the year of sustainability, a theme that has been extended due to the green initiatives adopted by the country in the previous year. This move further solidifies the UAE’s commitment to environmental preservation and sustainable development.

7 June 2024

US: Crypto billionaire hit for $40 million in landmark tax fraud case

Billionaire Michael J. Saylor and MicroStrategy, Inc. have been hit by the Washington, D.C., district attorney’s office in a $40 million fraud case. Attorney General Brian L. Schwalb took no prisoners

Read More
9 February 2024

US: SEC Imposes New Rules to Increase Oversight of Hedge Funds

The SEC’s decision to impose new rules that require private funds to register as dealers reflects the agency’s commitment to increasing oversight and ensuring market integrity. The Securities

Read More
19 April 2024

SINGAPORE: Monetary Authority of Singapore Commits S$35million to Sustainable Finance Upskilling Initiatives

The Monetary Authority of Singapore (MAS) has committed S$35million to upskill and reskill specialists in sustainable finance and has joined forces with the Institute of Banking and Finance (IBF), supported

Read More
19 April 2024

AFRICA: Tax authority to launch new database to curb tax evasion in Kenya

The Kenya Revenue Authority (KRA) is reportedly considering a new transfer pricing database, allowing its agents to review multinational company transactions to detect tax evasion and ensure compliance.Installing

Read More