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Fuel prices slashed in UAE: How 52-fil reduction will improve residents January budgets

The recent interest rate hikes have also resulted in bringing down further inflation which had spiked earlier this year

Watch: After mega-IPO, DEWA s stock breaks 20% within 1 minute on first day of trading

Business community welcomes changes to UAE citizenship law

Dubai: The expatriate business community and analysts have welcomed the historic decision by the UAE government to grant citizenship to people with exceptional talents and to their families as well. Earlier on Saturday, the UAE announced major changes to its citizenship law, to allow for the naturalisation of foreign investors, doctors, scientists, artists and talented people and their families. The decision specified the categories of people who will be eligible for UAE citizenship, under certain conditions. In addition to granting citizenship to the families of these specific categories of people spouses and children of this specialised and skilled segment the law also allows them to retain their current citizenship, which is a major change to the previous rule that didn’t allow for dual citizenship.

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