INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

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.
  • 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.