UAE businesses brace for credit squeeze | The National:
"Business borrowers are steeled for a tough year ahead following a slew of warnings from banks over a looming credit squeeze.
As the funding pool shrinks small firms are already struggling.
“One of the main things we expect to see in the GCC, including the UAE, is that liquidity will become tighter,” said Marios Maratheftis, chief economist at Standard Chartered bank, at a briefing in Dubai yesterday."
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