Dubai is to launch EntrePass, a special visa system to tempt talented foreign entrepreneurs into the country.

According toAbu Dhabi English-language daily newspaper The National, start-ups with high commercial value will be encouraged to set up in Dubai and share knowledge and intellectual property rights with the emirate.??

Entrepreneurs will have their visa application expedited and benefit from guidance from experts at the Mohammed Bin Rashid Establishment (MBRE) for SME development in starting their businesses.

The paper adds that in certain cases, firms may also have access to finance through the UAE’s first Sharia-compliant venture capital fund.