Abu Dhabi orders prompt payments to construction contractors and suppliers

Abu Dhabi, the capital of the United Arab Emirates, has instructed government departments and state-owned companies to pay construction contractors and suppliers within 30 days of receipt of invoices, a document seen by Reuters showed.

Contractors in the UAE have been bruised over the past few years after a drop in oil prices slowed economic growth.

News Source – Reuters
https://in.reuters.com/article/abu-dhabi-construction/abu-dhabi-orders-prompt-payments-to-construction-contractors-and-suppliers-idINL8N21P0DD

Scroll to Top