The number of trade disputes heard at the Dubai Chamber of Commerce and Industry (DCCI) doubled last month as the credit squeeze made it harder for companies to access finance and pay suppliers on time.
The Dubai International Arbitration Centre received 40 trade dispute cases last month, compared with 20 a month earlier, according to data released by the chamber yesterday.
That took the total number of disputes in the first four months of the year to 80. There were 28 arbitration cases for the whole of last year, the DCCI said in its monthly report.
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