Category: Loan Settlement

UAE’s corporate debt restructuring scheme for SMEs!

Loan repayment

Small and medium businesses (SMEs) are well recognized to play an important part in the UAE’s economy. Although SMEs account for 95% of all businesses in the UAE and employ 86 percent of the workers, many of them struggle to obtain finance. They were made considerably more complex by COVID-19. For SMEs with several bank […]

What financial lessons have we learnt from the pandemic? – Pocketful of Dirhams

Over the past 18 months, the world has changed more than anyone could have predicted. The Covid-19 pandemic brought the world to a standstill, shutting businesses, schools, offices and shopping malls, and confining millions to their homes for long periods of time. While many saw their incomes dwindle or lost their jobs altogether, others boosted […]