UAE offers financing and residency to blockchain companies in Asia and Europe
Join Our Telegram channel to stay up to date on breaking news coverage The United Arab Emirates is planning to attract technology companies based in Asia and Europe. The UAE is attracting these firms using a wide range of exciting offers , such as speeding up the approval of their business licenses and providing their employees with enticing residency offers. UAE provides financing and residency to blockchain firms Administrators in the UAE have already set their eyes on 300 companies. The Minister of State for Foreign Trade in the UAE, Thani Al Zeyoudi, said that around 40 companies were at an advanced stage of relocating to the country. The official has also said that the government had a timeline of two years to achieve its goals. According to Al Zeyoudi, “the timing was very crucial because what we noticed from the beginning of the year was that many companies would like to move because of inflation, the tighter regulatory environment in many parts of the world, incl...