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UAE: 72 Percent of B2B Invoices Is Overdue
June 11th, 2020 - 06:00 GMT

UAE: 72 Percent of B2B Invoices Is Overdue

Corporations in the UAE expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the disruptive impact of COVID-19, according to Atradius’ latest Payment Practices Barometer survey. With an economy struggling from the collapse in oil prices and major sectors, such as trade and tourism, hit by the pandemic, 53% of respondents in the UAE said ...
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