Emaar Islamic bonds to extend rally on UAE visa rule
It is possible that Emaar Properties’s sukuk will extend rally after the UAE relaxed visa rules for homebuyers in order to attract investment to the Middle East’s worst-performing property market.
The federal government agreed to lengthen the visa period to three years from six months, like it was until now. About 85 percent of the UAE’s population are foreign nationals and require visas to live and work in the country and that makes this great news.
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