Adeeb Ahamed, MD of LuLu Financial Group and Twenty14 Holdings was awarded the Gold Card by the UAE authorities on Thursday, 8 August.
The businessman received the coveted ‘Gold Card’ long-term UAE residency visa at the office of Colonel Mohammed Ahmed Al-Hamli, Deputy Director, Federal Authority for Identity & Citizenship in Abu Dhabi.
The UAE Cabinet had approved 10-year residency visas for five categories of expatriates including investors, entrepreneurs, chief executives, scientists and outstanding students. The move is in alignment with the government’s vision to create an attractive investment environment in the UAE, which further encourages business development, while at the same time attracts and retains the best talents in UAE.
“It is a great privilege to receive the Gold Card and is further a recognition of our efforts in the financial services and hospitality industry. We are forever grateful to the visionary rulers of the UAE for their wise leadership that has transformed the country into an inspiring global community that presents great opportunity to follow dreams and realise them,” said Adeeb Ahamed.
Adeeb Ahamed is the Managing Director of LuLu Financial Group, which operates more than 185 branches across 10 countries. He also heads Twenty14 Holdings, the leading hospitality investment firm which owns prestigious properties around the world including the Great Scotland Yard in London, Waldorf Astoria Edinburgh in Scotland, Port Muziris – A Tribute Portfolio Hotel in Kochi, India and the Steigenberger Hotel Business Bay in Dubai, UAE.