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UAE: a brighter outlook for 2021 after a difficult 2020


The UAE’s economy was hit by a double shock in 2020: the collapse in oil prices and the COVID-19 pandemic. According to preliminary estimates, the UAE’s economy shrank by 6.1% in 2020. However, the outlook is brighter for 2021. Coface expects growth at 3.1% thanks to a fast vaccination campaign, a sharp recovery of the global economy and the rebound in energy prices.

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What Are The 5 Benefits Of Trade Credit Insurance?


Trade credit insurance (TCI) is one of the most effective ways to protect your business operations from unseen issues with cash flow, unpaid invoices and bad debts. It helps your business to grow.

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Coface strengthens further its leadership team


Coface strengthens further its leadership team and thus is pleased to announce new appointments within its executive committee

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What is Trade Credit Insurance And What You Need To Know?


Trade credit insurance, also known as credit insurance, is a risk management tool that covers losses arising from non-payment of goods and/or services. There is a significant amount of trade credit risk when doing business domestically or internationally.

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Coface announces new appointment of Pamela Woon as Regional Head of Business Information Services, Asia Pacific Region


Coface announces today the appointment of the appointment of Pamela Woon as Regional Head of Business Information Services, Asia Pacific Region, effective July 1, 2021. Based in Singapore, Pamela will report directly to Bhupesh Gupta, CEO of Coface for Asia Pacific Region.

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