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.
Sheikh Abdullah says UAE hosted 'productive' second round of trilateral talks
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has underscored that the second round of trilateral talks between Russia, Ukraine and the US in Abu Dhabi has presented positive results.
H.H. Sheikh Hamdan launches driverless taxi operations in Dubai
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has launched the official operations of fully autonomous RT6 taxi vehicles in Dubai, developed by Baidu Apollo Go.
H.H. Sheikh Mohammed discusses cooperation with Caribbean leaders
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has discussed cooperation with presidents and prime ministers from the Caribbean region at the World Governments Summit.
UAE brokers new round of Russia-Ukraine prisoner exchange
The UAE has announced the success of new mediation efforts leading to another exchange of captives between Russia and Ukraine.
UAE signs MoU with Panama to conduct political consultations
The UAE has signed a Memorandum of Understanding (MoU) with Panama to conduct political consultations on the sidelines of the World Governments Summit.
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