Saudi Arabia and UAE tops for tough debt collection, report says

Saudi Arabia and UAE tops for tough debt collection, report says:

"Saudi Arabia and the United Arab Emirates are the hardest places in the world to collect unpaid debts, according to new research from Euler Hermes. The trade credit insurer analysed debt collection processes around the world and ranked the results. China, Russia, Malaysia and South Africa also scored badly, appearing in the “severe” category in terms of the complexity of debt collection. Countries in western Europe came out better though, with Sweden at the top of the pile followed by Germany, Ireland, Finland and the Netherlands."



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