The United Arab Emirates (UAE) has announced a new visa policy allowing foreigners to work in the country without being sponsored by an employer, loosening residency requirements in an attempt to boost economic growth. Foreigners in the oil-rich United Arab Emirates are generally only given limited visas tied to their employment, and long-term residency is difficult to obtain. But those holding the new “green visa” will be able to work without company sponsorship, and can sponsor their parents and children up to 25 years old, officials said. “It targets highly skilled individuals,...