The EU's harmonisation of Schengen visa rules for GCC citizens is likely to encourage more Gulf students, entrepreneurs and tourists to visit the continent, the EU's special representative to the Gulf region, Luigi di Maio, said on Monday.
Citizens of Saudi Arabia, Bahrain and Oman are now entitled to a five-year, multiple-entry visa to the Schengen area on their first request, instead of having to initially apply for shorter visas.
At the same time there has been a surge in UAE applicants to UK universities even as university leaders warned of an overall drop in international applications.
This EU process was granted last year to Kuwaiti and Qatari nationals. The UAE is not affected as it has a reciprocal visa-free system with the EU.
“It's an incentive to apply for a visa – it's a problem sometimes for entrepreneurs to ask many times for the same visa,” Mr di Maio said.
“It's very good for touristic flows and also a very good thing for researchers and students who want to come to Europe for their studies and internships.
“They were already welcome and are even more welcome,” he said.
The EU's decision to enable all GCC citizens to request a multiple-entry, five-year Schengen visa came into force earlier this month and was announced by EU Foreign Affairs Minister Josep Borrell on April 22 at the first high-level EU-GCC security forum.
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The decisions to organise the forum and to introduce visa harmonisation are part of the follow-up to the EU's 2022 strategic partnership with the Gulf and a signal of warming relations.
“It is a significant step in strengthening people-to-people relations between the EU and the GCC,” Emily Tasinato, a researcher and analyst focused on politics and security in the Gulf region, told The National.
Schengen countries include all EU states except for Ireland, Cyprus, Bulgaria and Romania.
The National breaks down the new rules for you.
What has changed?
Multiple-entry visas allow the holder to spend 90 days at a time within the Schengen area over 180 days, as many times as required. For longer stays, visitors have to request long-term visas or residency permits.
Before this week's decision to harmonise rules, varying exemptions to the 2020 EU Visa Code were in force regarding GCC countries.
Under the EU Visa Code, travellers must first ask for a short-stay visa. Depending on their visa history, they may gradually be granted longer visas, starting at one year, then two years, up to a maximum of five years. This system is called a “cascade” visa regime.
Citizens of Saudi Arabia and Bahrain faced different procedures to those from Kuwait and Qatar. Omani citizens followed a third system.
From September, citizens of Qatar and Kuwait could directly request a five-year multiple entry visa. Before the change, they had to first ask for a one-year multiple entry visa, then a two-year visa, then a five-year visa.
Those rules also applied to Saudi and Bahraini nationals before the recent harmonisations in November 2022 and July 2023.
Omani citizens were immediately granted a two-year multiple entry visa on their first request, followed by a five-year visa.
An April 2022 request by the European Commission to grant Qataris and Kuwaitis visa-free access to Schengen was not approved by the European Parliament due to a corruption scandal allegedly involving lawmakers and Qatari and Moroccan officials.
The introduction of a general waiver for those two countries is not expected before a European election in June, said Mr Di Maio.
“We can speak about that after the formation of the new parliament and the formation of the new commission.”
What's the point?
Visa harmonisation represents more than just a “business dynamic”, said Mr Di Maio. It's a “political signal”, he said, responding to a question from The National. “Now all countries are synchronised at the maximum level of their access and validity of their visa.”
The decision to harmonise rules for GCC countries was based on an assessment by European consulates related to the “very specific context of the Gulf countries”, a commission official told The National.
This context includes “very low migratory and security risks associated with nationals of these countries” and a desire to harmonise rules for all GCC nationals, they said.
What are the financial requirements?
The visa fee is currently set at €80 ($86).
Visa-issuing authorities have to check that the applicant has sufficient means of subsistence, both for the duration of the intended stay and for the return to his country of origin or residence. This applies to all visa-required countries.
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Where to donate in the UAE
The Emirates Charity Portal
You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.
The General Authority of Islamic Affairs & Endowments
The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.
Al Noor Special Needs Centre
You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.
Beit Al Khair Society
Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.
Dar Al Ber Society
Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.
Dubai Cares
Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.
Emirates Airline Foundation
Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.
Emirates Red Crescent
On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.
Gulf for Good
Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.
Noor Dubai Foundation
Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
World Sevens Series standing after Dubai
1. South Africa
2. New Zealand
3. England
4. Fiji
5. Australia
6. Samoa
7. Kenya
8. Scotland
9. France
10. Spain
11. Argentina
12. Canada
13. Wales
14. Uganda
15. United States
16. Russia
THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
UAE currency: the story behind the money in your pockets
POWERWASH%20SIMULATOR
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20FuturLab%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ESquare%20Enix%20Collective%3Cbr%3E%3Cstrong%3EConsole%3A%20%3C%2Fstrong%3ENintendo%20Switch%2C%3Cstrong%3E%20%3C%2Fstrong%3EPlayStation%204%20%26amp%3B%205%2C%20Xbox%20Series%20X%2FS%20and%20PC%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
UAE cricketers abroad
Sid Jhurani is not the first cricketer from the UAE to go to the UK to try his luck.
Rameez Shahzad Played alongside Ben Stokes and Liam Plunkett in Durham while he was studying there. He also played club cricket as an overseas professional, but his time in the UK stunted his UAE career. The batsman went a decade without playing for the national team.
Yodhin Punja The seam bowler was named in the UAE’s extended World Cup squad in 2015 despite being just 15 at the time. He made his senior UAE debut aged 16, and subsequently took up a scholarship at Claremont High School in the south of England.
UAE currency: the story behind the money in your pockets
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MATCH INFO
What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany
Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)
Seven%20Winters%20in%20Tehran
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5