Call for synergy between credit bureaus

The dynamic nature of the Middle East's resident population and interconnected business environment calls for greater cooperation between regional credit bureaus, said Ali Ibrahim, Managing Director of Emcredit.

Addressing at the inaugural meeting of Middle East Credit Reporting Association yesterday, Ibrahim, who is one of the founding members of the body, said a knowledge-based economy created by credit bureaus will ensure sound recovery of the economies affected by the global downturn.