The UAE's decision to extend the tourist visa limit from the previous 90 days to five years will open the market to more visitors and investors.
That's the word from Paul Griffiths, CEO of Dubai Airports, who told Dubai Eye 103.8's Business Breakfast how it will boost the visitor market.
He added how it could also positively impact the property market.
Meanwhile, Christopher Lund, Head of Hotels - MENA Region for Colliers International, explained what it means for the hotel industry.
US Issues 30-day sanctions waiver for sale of Iranian oil at sea
The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil at sea to ease energy supply pressures since the start of the US-Israeli war on Iran, US Treasury Secretary Scott Bessent said.
Musk found liable to Twitter shareholders in fraud lawsuit
A federal jury found Elon Musk liable on claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a $44 billion takeover in 2022, Bloomberg News reported on Friday.
Amazon plans smartphone comeback more than a decade after Fire Phone flop
In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops.
Sultan Al Jaber: Iranian aggression will not undermine UAE's resolve
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and MD & Group CEO of ADNOC, has condemned Iran’s aggression, saying they will not weaken the UAE’s resolve and stressing that the country is not a party to the ongoing regional conflict.
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