Dubai Chamber Launches Task Force To Analyze And Tackle The Issue Of Late Payments In The UAE – Entrepreneur

Dubai Chamber Launches Task Force To Analyze And Tackle The Issue Of Late Payments In The UAE – Entrepreneur

Launched under the banner of Dubai Chamber's Sustainability Network, the Task Force on Prompt Payment Practices for Subcontractors and Suppliers is set to explore the causes behind late payments.





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July

20, 2020



2 min read











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A task force comprised of companies like Suez Middle East Recycling, Gerab Group, Scott Bader Middle East Limited, Hepworth, Dgrade LLC, Tristar Group, Pure Energy, Infofort, and Dubai Technologies has been established by the Dubai Chamber of Commerce and Industry to address the issue of late payments to subcontractors and suppliers in Dubai and the UAE.

Launched under the banner of Dubai Chamber's Sustainability Network, the Task Force on Prompt Payment Practices for Subcontractors and Suppliers is set to explore the causes behind late payments, while also raising awareness about it and encouraging the adoption of best payments practices within the Emirate's business ecosystem.

According to a statement, besides conducting research to analyze the issue and create tools and processes that can be adopted by organizations to increase