Debt Settlement Committee allocates over AED49 million for beneficiaries

Mon 26-03-2018 15:05 PM

SHARJAH, 26th March, 2018 (WAM) — The Sharjah Debt Settlement Committee has approved the provision of AED49,428,000 to settle cases for citizens in the emirate. This move is in line with the directives issued by H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, to provide a stable and decent life for UAE citizens.

Rashid Ahmed bin Al Sheikh, Chief of the Sharjah Emiri Court and Head of the Committee, said that the Committee approved to pay the debts of individuals who have defaulted as part of the 16th batch of payments.


Al Sheikh explained that the total amount paid to settle the debts of citizens reached AED537,310,153 for 1,099 beneficiaries.

WAM/Rasha Abubaker/Nour Salman

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