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Monday, 23 November 2009 12:55 UAE time

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From boom to bust

Banks are being forced to rethink their loan strategies for payment recovery from credit-crunch-hit expats.

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Online credit control site to be launched

Credit Net will enable clients to automatically check up on potential business partners' debt history and credit reports. The service will cost 500 dirhams per month.

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READER COMMENTS

  1. Dubai population grows 1.9% in Q2 07
    23 Nov ' 09 at 11:36
    While we all should agree that Dubai was over ambitious and the financial crises has left a big dent on the economy. Also the truth is...   More  »
  2. Dubai developers see negative press reports decline 05
    23 Nov ' 09 at 12:29
    Dubbo - Damage has been done more by change in laws in favour of developers, the impact due to negative press is minimal.   More  »
  3. Tougher checks proposed for foreign teachers 03
    23 Nov ' 09 at 08:17
    This must be done in order to get a qualified teacher. What is written on the CV should not be assumed correctly. There should be a...   More  »

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Gitex 2009

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