Retailers in the GCC must come together with their banks to provide easier access to working capital to suppliers and manufacturers, a retail industry think tank has said.
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The Think Tank brought together senior representatives from across the UAE construction sector to recommend practical actions for change geared towards enhancing the state of UAE construction not just in the short-term but in the longer run as well.
The outcome of this discussion is summarised in an industry-led white paper through 19 recommendations across key areas, including:
Improving behaviours among industry stakeholders
Rethinking commercial models
Establishing a more resilient construction supply chain
Established under the MEED-Mashreq Construction Partnership, the UAE Construction Industry Think Tank is a regular gathering of senior executives, academics and government representatives from the sector, to identify and recommend practical actions for change to support the UAE’s national ambitions.