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Failure to tackle poverty could have major impact

12 Oct 2022

Cascading global crises have left 54 countries – home to more than half of the world’s poorest people - in dire need of debt relief, the UN said. In a...

54 poor nations urgently need debt relief: UN

11 Oct 2022

Cascading global crises have left 54 countries — home to more than half of the world's poorest people — in dire need of debt relief, the UN said Tuesday....

Abu Dhabi court rejects woman's plea seeking Dhs150,000 from her ex-husband

24 Aug 2022

Aya Al Deeb, Staff Reporter The Abu Dhabi Court of Appeal upheld the ruling of the Abu Dhabi Family, Civil and Administrative Cases Court, which rejected a lawsuit filed...

Pakistan’s new government unveils Rs9.5 trillion budget

10 Jun 2022

By Tariq Butt Finance Minister Miftah Ismail on Friday unveiled the coalition government’s maiden budget with an outlay of Rs9.5 trillion for the fiscal year 2021-22 in the National...

Emirati Businessman pledges Dhs100,000 to release inmates unable to pay debts in Dubai

06 May 2022

Gulf Today, Staff Reporter Emirati businessman Yaqoob Al Ali has recently pledged Dhs100,000 against the release of indebted inmates at the Correctional and Punitive Institutions in Dubai. Major General...

IMF asks Sri Lanka to restructure debt before bailout

20 Apr 2022

The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to "restructure" its huge foreign debt before a bailout programme could be finalised as anti-government...

Sri Lanka halts share trading for five days as protests spiral

16 Apr 2022

Sri Lanka on Saturday announced a five-day share trading halt after the crisis-hit country hiked interest rates and declared a default on its external debt during the traditional New Year...

Sharjah approves Dhs63m to settle 120 cases of citizens' debts

21 Mar 2022

Gulf Today, Staff Reporter In implementation of the directives of His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, to provide a...

Stop saying student debt relief is for the rich

20 Jan 2022

Carl Romer and Andre Perry, Tribune News Service When people debate whether to forgive some or all of the $1.75 trillion in student debt weighing on millions of American...

Sharjah approves Dhs51.596m to settle citizens' debts

28 Nov 2021

The Sharjah Debt Settlement Committee (SDSC) approved an amount of Dhs51.596 million, to settle 131 cases of citizens' debts, being presented to the Sharjah Debt Settlement Committee. This step...

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