The SME Credit Gap in the Middle East

عربي According to the IFC SMEs in the UAE represent 90% of total businesses. As a total percentage of GDP the estimates for rich MENA countries is estimated at approximately 51% contribution from SMEs with employment contribution at 62%. Paradoxically there is a SME credit gap in excess of USD 260 billion in MENA with only 4% of outstanding loans in

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Corporate Governance Part 2: Operational Governance

عربي The second part of the Corporate Governance series focusses on effective governance of management. There are broadly three areas: information disclosure, strategic direction and operational governance. For the board to discharge its duties in these areas it needs to take a proactive and consistent approach. The foundation of any decision making process is information. Although it is the responsibility

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Introducing Sabah al-Binali's Musings

I’d like to welcome you to Sabah al-Binali’s Musings. Over the years I have learnt much from mentors, friends and colleagues. The greatest lessons nearly always involved developing a new way to look at the issues. These were the lessons that I could apply repeatedly in my career to great success. Earlier this year I decided to try and give

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