The Finance World Magazine| Edition: March 2023
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil. In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups. Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil.
In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups.
Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector.
Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.
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Visa Reforms: 15 Updated Services Now<br />
Available for Residents and Visitors<br />
<strong>The</strong> United Arab Emirates has<br />
recently announced 15 new<br />
visa services that are now<br />
available for residents and<br />
visitors. <strong>The</strong>se visa reforms are aimed<br />
at simplifying the visa application<br />
process and enhancing the experience<br />
of travelers to the country.<br />
One of the key changes is the<br />
extension of the tourist visa, which<br />
can now be extended for up to 30 days.<br />
This will be particularly beneficial for<br />
those who wish to stay in the country<br />
for a longer period or those who have<br />
unforeseen circumstances that require<br />
them to extend their stay.<br />
<strong>The</strong> UAE has also introduced a<br />
new multiple-entry visa, which allows<br />
visitors to enter the country multiple<br />
times within a six-month period. This<br />
is particularly useful for those who<br />
have business interests in the UAE<br />
and need to travel frequently.<br />
In addition, the UAE has introduced a<br />
new transit visa, which allows travelers<br />
to stay in the country for up to 96<br />
hours (four days) if they are transiting<br />
through one of the UAE’s airports. This<br />
is a great option for those who want to<br />
explore the city or do some shopping<br />
during their layover.<br />
<strong>The</strong> UAE has also made it easier for<br />
cruise ship passengers to obtain visas.<br />
Cruise passengers who arrive at any<br />
UAE port can now obtain a multipleentry<br />
visa, which allows them to enter<br />
the country multiple times during the<br />
cruise.<br />
Furthermore, the UAE has introduced<br />
a new visa for medical treatment. This<br />
visa is available to those who need to<br />
travel to the UAE for medical treatment<br />
and their companions. This will make<br />
it easier for those seeking medical<br />
treatment to travel to the UAE and<br />
receive the necessary care.<br />
<strong>The</strong> UAE has also introduced a new<br />
visa for people who wish to participate<br />
in cultural and sporting events in<br />
the country. This visa is available to<br />
participants, their companions, and<br />
the organizers of the events.<br />
Other new visa services include a visa<br />
for investors, a visa for entrepreneurs,<br />
and a visa for students. <strong>The</strong>se visas<br />
are aimed at attracting investors,<br />
entrepreneurs, and students to the<br />
country and supporting their endeavors.<br />
<strong>The</strong> UAE has also made it easier for<br />
families to visit their relatives in the<br />
country. <strong>The</strong> new visa services include<br />
a visa for family visits, which allows<br />
family members to visit their relatives<br />
in the UAE for up to 90 days. Finally,<br />
the UAE has introduced a new visa for<br />
those who wish to retire in the country.<br />
This visa is available to those who are<br />
55 years or older and meet certain<br />
financial requirements.<br />
<strong>The</strong> new visa services introduced by<br />
the UAE are a welcome development<br />
for residents and visitors to the country.<br />
<strong>The</strong>se reforms will make it easier for<br />
people to travel to the UAE for business,<br />
tourism, medical treatment, and other<br />
purposes. <strong>The</strong> extension of the tourist<br />
visa, the new multiple-entry visa, and the<br />
transit visa are particularly noteworthy<br />
and will make the UAE an even more<br />
attractive destination for travelers.<br />
<strong>March</strong> <strong>2023</strong> www.thefinanceworld.com 17