Publications

Publications

Study: Banking a Challenge for 65 Percent of UAE SMEs

Study: Banking a Challenge for 65 Percent of UAE SMEs

Complex procedures and lengthy documentation are becoming a deterrent for United Arab Emirates (UAE) SMEs. Almost two-thirds of entrepreneurs, state banking as an issue. Opening a bank account can take new SMEs up to three months to open; a white paper report from the Dubai Chamber of Commerce states complex verification processes are also significant challenges for SMEs.

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