The Financial Crisis and its Impacts on the MENA Region

 
Publisher: Middle East Commercial Services Limited
 

United Arab Emirates

Profile & History

Mecos Infocredit was  introduced in 2008 through the rebranding of MECOS, established in 1968. 

The launch of operations in the United Arab Emirates as Mecos  Infocredit follows a fulsome history of 40 years in the UAE and GCC Region as MECOS (Middle East Commercial Services.)

Our Dubai office holds a strong team of credit information solutions professionals, that hold the local knowledge and industry expertise to deliver our promise to our customers in providing market specific solutions that enable critical trade and credit decisions.  more

 

Country Profile

Economy: The UAE has an open economy with a high per capita income and a sizeable annual trade surplus.  Despite largely successfully efforts at economic diversification, nearly 40% of GDP is still directly based on oil and gas output.  Since the discovery of oil in the UAE more than 30 years ago, the UAE has undergone a profound transformation from an impoverished region of small desert principalities, to a modern state with a high standard of living.  Dependence on oil and a large expatriate workforce remain significant long term challenges.  more

 

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