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.