Fifty-three new citizens spoke yesterday of how their troubles melted away when a decree by the President recognised them as Emiratis.
They were the latest to benefit from Sheikh Khalifa's order granting citizenship to 1,117 people who were born to Emirati mothers but foreign fathers, and showed their gratitude at a ceremony hosted by the Ministry of Interior for Naturalisation and Residency.
"The decree contributed to solving many of the challenges we face every day of our lives," said the brothers Suhail and Mohammed Abu Bakir, while Muhsen Abdullah described the decree as "majestic and humanitarian".
"God bless and protect the country that held us with love," said the sisters Eman and Samra Ahmed. Their mother, Aisha Al Rashidi, described herself as a proud Emirati who had been made even more proud now that her daughters were citizens. She said she raised them according to Emirati traditions.
Many of the citizens described the gesture as lifting a burden from their shoulders and making a lifetime dream come true.
The sisters Samiha and Arwa Hussain said that no words of gratitude would be enough to express to the President how they felt.
Major General Nasser Al Awadi Al Menhali, the acting assistant undersecretary of the ministry congratulated the new citizens and asked them to uphold the country's reputation and pride.
He also called on them to abide by the constitution and laws and pay heed to its traditions and cultural customs.
How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
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