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China offers a lifeline as Tehran seeks to maintain oil exports

The Council of Ministers (cabinet) has approved a plan to loosen restrictions on expatriate visas in an effort to attract more international investment into the kingdom. The new ‘green card’ permits will be offered without the need for a local sponsor; those granted a new residency permit will be allowed to allocate visas for family members and to own real estate in the country. There will be two types of permit: one offering permanent residency and the other renewable on an annual basis.

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