Haque: New UAE Visa Plans A Net-Positive For Economy

The video discusses the expansion of visa schemes in the UAE, aiming to attract skilled individuals and boost economic growth. It highlights the UAE's strategic goals for population growth by 2040 and compares its economic opportunities with other countries. The video also addresses inflationary pressures, particularly due to rising global oil prices, and their impact on the UAE's economy. Additionally, it explores Saudi Arabia's economic landscape, focusing on non-oil sector growth and domestic investments.

What is the main goal of the new five-year visa scheme introduced in the UAE?

• To attract skilled individuals with middle-income

• To reduce the population

• To increase the number of low-income workers

• To attract tourists

By what percentage does the UAE aim to grow its population by 2040?

• 70%

• 50%

• 90%

• 30%

What is one of the main reasons for the expected rise in inflation in the UAE?

• Decrease in global oil prices

• Increase in local production

• Reduction in food imports

• Higher global oil prices being passed to consumers

What is the expected growth rate for the UAE's non-oil sector this year?

• 6%

• 3%

• 4.5%

• 5.5%

What is one of the challenges mentioned for young people considering moving to Dubai?

• Lack of job opportunities

• Strict visa regulations

• Limited educational facilities

• High cost of living

What is a significant factor driving the growth of Saudi Arabia's non-oil sector?

• Domestic investment and consumption

• Increased foreign investment

• High oil prices

• Decrease in domestic consumption

Which organization is playing a key role in supporting growth in Saudi Arabia?

• United Nations

• International Monetary Fund

• Public Investment Fund (PIF)

• World Bank