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UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

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ADNOC shifts OMV stake to XRG

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Sharjah approves $17.18m to settle citizens’ debts

Sharjah ruler Dr Sheikh Sultan bin Muhammad Al Qasimi on Wednesday listed the four categories that qualify for retirement in the Sharjah government.
By TRENDS Desk
March 22, 2022 9:31 pm
  • Rashid Ahmed bin Al Sheikh, Chief of the Sharjah Emiri Court and Head of the Committee, confirmed this
  • Payment of debts of people in Sharjah from various categories within the 22nd batch, was cleared

The Sharjah Debt Settlement Committee (SDSC) approved an amount of AED63.11 million ($17.18m), to settle 120 cases of citizens’ debts.

This is according to the directives of Sheikh Sultan bin Muhammad Al Qasimi, Ruler of Sharjah.

Rashid Ahmed bin Al Sheikh, Chief of the Sharjah Emiri Court and Head of the Committee, confirmed that the committee has approved the payment of debts of people from various categories, within the 22nd batch.

Al Sheikh added that 1827 citizens have benefited from the committee’s debt repayment process.

Also, the debt repayment process, with a total of AED901,499,153 in debts is being processed and settled.

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