The UAE continues to make headlines with bold economic moves, from introducing a sponsor-free 90-day visa to attracting $40 billion in investments in Italy. The fintech sector is surging, real estate is thriving, and are hitting new milestones.
Let’s dive into the biggest updates from the UAE markets today.
UAE introduces a 90-day visa with no sponsor requirements
In a major move to boost tourism and attract professionals, the UAE has introduced a 90-day multiple-entry visa that does not require a local sponsor.
Key features of the new visa:
- Duration: 90 days, extendable up to 180 days per year.
- Entry type: Multiple entry.
- Who can apply: Tourists, business visitors, and family members.
- Cost: AED 700 + a refundable AED 2,000 deposit.
- Processing time: 5-7 business days.
- Overstay penalty: AED 50 per day.
How to apply?
Applicants must be at least 18 years old and have a passport valid for at least six months. Additional requirements include:
✔ Proof of financial stability.
✔ Valid travel insurance.
✔ Return ticket or onward travel confirmation.
Applications can be submitted online via official UAE government portals, and the e-visa is usually approved within a week.
This move follows the UAE’s visa-on-arrival policy for Indian travellers, reinforcing its close ties with India’s 3.5 million-strong expatriate community.
Dubai’s real estate sector sees $5.2 billion in weekly transactions
Dubai’s real estate market continues to thrive, with 4,477 property sales recorded last week, totalling AED 19 billion ($5.2 billion) in transactions.
Breaking down the numbers:
- High-end office spaces are in demand, with a $23 million office deal highlighting the city’s appeal to global enterprises.
- Luxury residential and commercial properties remain attractive due to Dubai’s business-friendly policies and infrastructure.
With continued foreign investments and a strong influx of high-net-worth individuals, the real estate boom in Dubai is showing no signs of slowing down.
UAE commits $40 billion investment in Italy
The UAE is deepening its economic ties with Italy, announcing a massive $40 billion investment during a high-profile state visit.
Why does this matter?
- Bilateral trade between the UAE and Italy grew 21.2% in 2024, reaching $14.1 billion.
- The investments span multiple sectors, including:
- Artificial intelligence (AI)
- Energy
- Space exploration
- Health and scientific research
- Mining and Economic Partnerships in Africa
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Italian Prime Minister Giorgia Meloni in Rome, marking his third official visit to Italy since 2022.
With the UAE’s growing presence in Europe, this investment is expected to strengthen trade relations and open new business opportunities for both nations.
Fintech sector contributes 8.7% to UAE’s GDP, set to hit 12% by 2031
The UAE’s fintech sector is one of the fastest-growing contributors to the economy, adding 8.7% to GDP in 2024.
Key takeaways from 2025:
- The UAE aims to increase fintech’s contribution to GDP to 12% by 2031.
- New fintech startups are being encouraged through favourable investment policies.
- The country is also investing heavily in the space economy and agricultural innovation.
The government’s long-term vision includes creating a business-friendly ecosystem that attracts fintech entrepreneurs and investors, making the UAE a global financial hub.
Conclusion
The UAE continues to make bold economic moves across multiple sectors:
- The new 90-day visa is set to attract more tourists and business travellers.
- Dubai’s real estate market is booming, with $5.2 billion in weekly transactions.
- $40 billion in UAE investments in Italy will strengthen global trade partnerships.
- The fintech sector is on track to become a major economic driver.
With record-breaking investments, regulatory reforms, and a thriving business landscape, the UAE is cementing its position as a global powerhouse for economic growth.
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