More financial disputes resolved out of court in Sharjah

123 RF / Aleksandr Davydov

Police in Sharjah have settled more than 2,200 financial disputes so far this year.

They've returned around AED 115 million back to residents in the emirate as part of their Reconciliation is Good’ initiative. 

It's aimed at giving people in Sharjah a chance to settle financial disputes in a friendly manner without having to go to court.

“The results were positive as parties pay the money to the creditors in police stations or give a chance for them to settle the disputes in a friendly manner, away from courtrooms,” said Brigadier Khalifa Klandar, director of the Police Stations Department at Sharjah Police.

More from Business

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Entertainment Extra

    1:00pm - 2:00pm

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.