The UAE has reduced the validity of residency visas for free zones from three years to up to two years.
Individual free zones have been updating their clients via circulars about the new rule that's effective from October 3.
It said all residence visas that are currently under process will reflect the new validity.
Meanwhile, residence visas that have already been issued will remain valid for the three-year time frame until renewal.
UAE, Colombia sign major trade pact
The UAE and Colombia have signed a Comprehensive Economic Partnership Agreement (CEPA).
UAE and Costa Rica sign economic partnership deal
The UAE and Costa Rica have signed a Comprehensive Economic Partnership Agreement (CEPA) to improve bilateral trade and investment ties, President His Highness Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
Dubai-based Telegram app to hit 1 billion users 'within a year'
The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.
Microsoft invests $1.5 billion in Abu Dhabi AI company G42
G42, the leading UAE-based artificial intelligence (AI) technology holding company, has announced a $1.5 billion investment from Microsoft to strengthen it's expansion into new markets across the globe.
Spinneys announces intention to float on Dubai Financial Market
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