More than AED 72 million in debt have been settled for UAE nationals living in Sharjah.
It's the latest in a batch of payments ordered by His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.
Earlier this week the UAE cabinet approved a new insolvency law to support individuals facing financial difficulties.
It will protect them from legal prosecution and offer them an opportunity to work and be productive.
UAE condemns renewed Iranian attacks on Bahrain, Kuwait, Jordan and Iraq
The United Arab Emirates has strongly condemned the renewed Iranian attacks targeting Bahrain, Kuwait, Jordan, and the Kurdistan Region of Iraq with missiles and drones.
UAE launches project to combat pests in Gaza through 'Operation Chivalrous Knight 3'
The United Arab Emirates has launched a project to help combat pests - such as rodents and insects - to reduce disease transmission in the Gaza Strip, funded by 'Operation Chivalrous Knight 3'.
Some UAE carriers extend flight suspensions to Kuwait, Bahrain
Some UAE carriers have extended suspension of flights to Bahrain and Kuwait amid escalating regional developments.
H.H. Sheikh Khaled witnesses launch of AED100 billion Marsa Al Saadiyat project
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has witnessed the launch of Marsa Al Saadiyat, a development project valued at AED100 billion and spanning across 6.4 million square metres.
