|
|
Article: UAE: CREDIT CARDS NOT CATCHING ON IN UAE MARKETS.(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- November 28, 2000
CopyrightCOPYRIGHT 2000 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
According to the Journal of the Emirates Industrial Bank, the local markets in the UAE have seen a growing use of credit cards, although this adaptation is a slow one. The main reason for it is on the supply side, and not as a result of small demand. The local banks require the submitting of many documents in order to issue ...