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UAE announces measures to attract ‘digital companies’

The Emirates wants to attract more high-tech companies, especially those working on artificial intelligence. Some cryptocurrency firms are moving to the Gulf state.
UAE AI

The United Arab Emirates has announced initiatives to attract more digital and technology-focused companies. 

The measures include speeding up licensing; issuing visas to skilled workers in bulk; banking facilitation; and unspecified commercial and residential lease incentives. They are also offering 100,000 “golden visas” to computer coders, the official Emirates News Agency reported

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