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UAE Waives Citizens' Debts Worth Over AED800 Million

The government in Abu Dhabi has announced the exemption of 1,607 Emiratis’ debts worth AED869,845,000 as part of the country’s Citizens’ Debt Settlement Fund.

In an announcement made on Twitter by the Abu Dhabi Media Office, the exemption was implemented as per directives of the President, His Highness Sheikh Khalifa bin Zayed Al Nahyan.

A total of 12 banks across the country will be participating in the program.


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