The possibility of obtaining a work visa has attracted many to study in the emirate. Initially, exchange students take an English course and, after finding a job, end up living in the region.
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Founded by entrepreneur Karina Rehavia, hiring company Ollo plans to expand into the United Arab Emirates, matching employers with global talent. The business has operated in 32 countries and is supported by a startup.
The system offers new residence permits for investors, skilled workers, tourists and long-term residents.
The company announced that it will build a new headquarters in the financial district of the Saudi capital and will boost its hiring over the next five years.
The number of workers hired exceeded that of those fired by 529,500 in 2018, in the first positive net result since 2014.
Money sent from foreigners living in the UAE to their home countries totaled USD 24 billion in H1 2018.
The new Immigration Law went into effect one year ago this week and the government is preparing a project to attract skilled foreign professionals.