Upfront payment drive eases working capital struggle

AGBI

Upfront payment drive eases working capital struggle

Shift to more favourable terms Receipt of payments ‘challenging’ Retail sector suffering most Companies in the Middle East are negotiating better payment terms before beginning a project to try to prevent working capital issues down the line. Katy Holmes, CEO of the British Chamber of Commerce Dubai, said there had been a “significant shift” towards more favourable terms for suppliers across a wide spectrum of sectors represented by the organis…