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 launches annual award to honour changemakers
H.H. Sheikh Hamdan attends GCC joint military drill in Bahrain
UAE President discusses regional developments with Syrian counterpart
UAE strongly condemns renewed Iranian hostile attack on Kuwait
UAE condemns Damietta Port incident, Egypt investigation continues
UAE fuel prices to go up in August
H.H. Sheikh Mohamed announces scholarships for Serbian students at UAE universities
Abu Dhabi sets January deadline to remove junk food at supermarket checkouts
