The UAE is considering introducing long-term business licenses, including 10-year 'golden' licenses, to boost business activities and attract foreign investment. This initiative is part of the 'We are the UAE 2031' vision and aims to enhance the country's competitiveness and economic growth. The proposal was discussed in the Economic Integration Committee meeting chaired by Minister Abdulla bin Touq Al Marri. Additionally, the UAE's strategic initiatives, such as a $5.5 billion deal with Hungary and partnerships with Alibaba Group, highlight its efforts to expand its global influence and embrace cutting-edge technologies.