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One of the issues that almost every business has to deal with is the receivables that are late and unpaid. Giving credit to customers is a nice way to increase sales and maintain a good relationship with a client, but it may also lead to delayed payments and risk of loss. Consequently, businesses come to […]

One of the significant problems that any business, big or small, no matter what sector they operate in, will most probably have to deal with is late and unpaid invoices. If a company decides to extend credit to its customers, that may help the two parties to establish a good relationship and increase the volume

A common challenge associated with cash flow in both Oman and Bahrain is the high credit risk in most business organisations, as well as their project-based income, in economies that are vulnerable to fluctuations in oil prices, government expenditures, and delayed payments. For both small and large businesses, profitability is no longer the problem, but

Commercial law in Oman offers the general framework within which companies can retrieve their debt in an organised, secure, and predictable manner. For major companies as well as financial institutions, it is critical to be conversant with the Omani commercial law framework in relation to contracts, securities, and court procedures. Commercial framework and debt recovery