First Arab expat gets UAE 'Golden Card'

Saturday, 15 June 2019 08:14

Ziad Saleh has became the first Arab expatriate to be granted permanent residency in the UAE.

The CEO of Alain Pharmacy Group was given a ‘Golden Card’ by authorities on Friday.

Saleh received his card along with Dr. Shamsheer Vayalil, managing director of VPS Healthcare.

The two are one of the first of 6,800 investors with total investments of AED 100 billion who will get lifelong residency under a new scheme that was announced last month.

The initiative is expected to benefit investors and exceptional talents in the fields of medicine, engineering, science and arts.

Earlier this month Indian billionaire Yousuf Ali became the first expat to be granted permanent residency in the UAE.

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News

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President His Highness Sheikh Mohamed bin Zayed Al Nahyan has announced the launch of an authority that will be led exclusively by citizens to shape the nation's future.
UAE lowers age of maturity to 18 years in new decree law
The UAE has lowered the age of majority from 21 years to 18 years under a new law regarding civil transactions.
Ras Al Khaimah rings in New Year with record-breaking show
Ras Al Khaimah ushered in the new year with a new Guinness World Record title for the largest aerial display of a phoenix, a mythical symbol of renewal and rebirth, created using 2,300 drones.

First Arab expat gets UAE 'Golden Card'

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