Egyptian investors face residence permit cancellations in UAE
The cancellation of the residence permits of thousands of Egyptians in the UAE during their annual vacations has caused a state of controversy and concern, amid warnings about its impact on Egyptian companies and businesses, which number around 4,873 registered with the Dubai Chamber. Reports indicate that the cancellations were not limited to workers alone but also included investors and company owners, with no official data available to specify the reasons for these cancellations or whether Egyptians were targeted specifically. Emirati authorities clarify that the cancellation of permits is carried out according to specific procedures, and the permissible period after cancellation varies depending on the type of residence permit. Additionally, the cancellation of an investor's residence does not automatically mean the termination or suspension of the company's activities, as the commercial license is subject to independent procedures. These developments are significant given the extent of Egyptian economic participation in the UAE and raise questions about the reasons behind the cancellations, especially in the absence of official clarity regarding the causes and whether there is a specific targeting of Egyptians or if the measures are general and include multiple nationalities.
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