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UAE announces new 10-year Residency Visa: Check if you are eligible

08:17 PM | 15 May, 2024
UAE announces new 10-year Residency Visa: Check if you are eligible

DUBAI - The authorities in the United Arab Emirates (UAE) have rolled out a new long-term visa program, especially for those associated with environmental protection.

The long-term residency for environment advocates has been branded as ‘Blue Residency’ and the 10-year visa will be awarded to individuals who have made “exceptional contributions and efforts in protecting the environment”.

The visa would also be granted to the individuals involved with boosting the air quality and green technology - an initiative that reflects the government's priorities to save the environment and those who protect it.

The government of the United Arab Emirates is keen to diversify revenue streams but not at the cost of the environment.

In this regard, Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of the UAE said while chairing a cabinet meeting on Wednesday that the sustainability of UAE's economy has become linked to the sustainability of the environment.

The new Blue Residency is part of initiatives that the emirate has launched to mark 2024 as the year of sustainability, Khaleej Times reported.

It is to be highlighted that the UAE typically issues residency visas that are valid for two years. In a dramatic shift, the country announced a 10-year residency scheme called Golden Visa in 2019 which is now very popular.

The Golden Visa is for investors, entrepreneurs, scientists, outstanding students, celebrities, graduates, etc. who desire long term stay in the emirate.

The emirate has also announced a five-year residency called green visas for skilled professionals, freelancers, investors, and entrepreneurs.

Daily Pakistan Global Web Desk

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Pakistani Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 28 May 2024

Pakistani currency rates against US Dollar and other currencies on May 28, 2024 (Tuesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.25 for selling.

Euro stands at 298 for buying and 301 for selling while British Pound rate is 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal increased to 73.45.

Source: Forex Association of Pakistan. (last update 08:00 AM)

Currency Symbol Buying Selling
US Dollar USD 277.4 280.25
Euro EUR 298 301
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.25 75.9
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.03 748.03
Canadian Dollar CAD 203 205
China Yuan CNY 38.42 38.82
Danish Krone DKK 40.44 40.84
Hong Kong Dollar HKD 35.62 35.97
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.07 913.07
Malaysian Ringgit MYR 59.05 59.65
New Zealand Dollar NZD 170.03 172.03
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.64 731.64
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 26.02 26.32
Swiss Franc CHF 304.75 307.25
Thai Bhat THB 7.6 7.75

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