Prices in the city's wealthiest enclaves have jumped 100 percent.

The Covid Resilience Ranking

The list is updated each month, and in April the UAE advanced to eighth place

In a bid to enhance its global competitiveness, the United Arab Emirates will grant long-term residency visas for up to 10 years to investors, professionals, scientists, innovators, exceptional students, and specialists in the medical, scientific, research, and technical fields, the cabinet announced May 20.

Students studying in the UAE will be eligible for five-year residency visas, the official WAM news agency reported, and the residency of dependant students currently in the UAE will be reviewed, enabling them to extend their residency after completing their studies to “give them the opportunity to study their practical options in the future.”

“The UAE will remain a global incubator for exceptional talents and a permanent destination for international investors,” Mohammed bin Rashid Al Maktoum, UAE vice president and prime minister, said in comments reported by WAM. “Our open environment, tolerant values, infrastructure, and flexible legislation are the best plan to attract global investment and exceptional talents.”

London’s Stansted airport, best known as the biggest base of Ryanair Holdings Plc, will achieve its long-held ambition of expanding into long-haul flights with a major carrier next year after Mideast giant Emiratesannounced the opening of a route to Dubai.

Emirates, the world’s largest intercontinental airline, will commence daily services from the Persian Gulf sheikdom to Stansted starting next June using Boeing Co. 777-300ER jetliners, it said in a statement Wednesday.