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Hurt By Low Oil Prices, Abu Dhabi Backdates New Rental Fees, Posted On - 05-01-2017 00:00:00+05:30
Dubai: A state-owned newspaper in Abu Dhabi is reporting the emirate's new charge on foreigners renting homes will be backdated to February of last year - meaning a big initial bill for new tenants. The decision, reported Wednesday by The National newspaper, comes as Abu Dhabi has seen cut backs and mergers in government enterprises over low global oil prices.

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