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Cash flow a major concern in UAE SMBs’ road to recovery, says Facebook, WB and OECD Survey

Facebook, in partnership with the World Bank and the Organisation for Economic Co-operation and Development (OECD), today published the Wave II update of the Global State of Small Business Report. The update is based on the second wave of new data on the state of SMBs collected from June 24 – 30, 2020, capturing the views of 25,000 businesses in 50 countries including the United Arab Emirates.

With several governments around the world starting to loosen COVID-19 lockdown restrictions, SMBs in these economies have begun to resume their in-person operations, although often in a limited manner. According to the report, in the UAE, 79% of small and medium-sized businesses (SMBs) on Faceboo


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