Smaller contractors and suppliers ought to find access to loans made easier as they compete for a slice of a Dh330 billion (US$89.84bn) spending programme rolled out by the Abu Dhabi Government this week.
Topic Abu Dhabi Central Bank of the UAE Mashreqbank ADCB RAKBank SMEs Entrepreneurs
Alongside a flurry of projects being launched in Dubai, including new hotels, malls and infrastructure, small businesses acting as auxiliary support to big government-linked and international firms should provide new opportunities to the banks that lend to them.
That follows a year in which obtaining credit proved challenging for private sector companies.
SMEs to gain better access to UAE lenders - The National
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