Collections and Recovery Summit

In the Middle East, debt collection is a multifaceted endeavor, influenced by cultural nuances and intricate legal landscapes. With countries like Saudi Arabia and the UAE exhibiting particularly stringent debt collection practices, navigating this terrain requires a nuanced understanding of various factors. Antiquated payment terms, coupled with outdated court procedures and convoluted insolvency regulations, further complicate debt collection efforts.

Adding to the complexity is the cultural acceptance of slow payment, a norm intertwined with religious holidays that can significantly impact the region’s economic pace. Despite these challenges, the debt collections industry is undergoing substantial transformation, especially in the wake of regulatory modifications and a shifting economic landscape. Initiatives such as Reg F modifications, lenders’ digital-first strategies, and the gradual recovery of the economy are reshaping the dynamics of debt collection.

Amidst these changes, the Collections and Recovery Summit Arabia 2024 emerges as a crucial platform for industry stakeholders. By convening over 600 top experts from key Middle Eastern countries, including KSA, UAE, Oman, Kuwait, Qatar, Bahrain, and Egypt, the summit aims to address the latest technological advancements and digital transformation strategies. This gathering facilitates discussions on overcoming challenges, empowering organizations to become future-ready, enhance operations, boost productivity, and elevate customer experiences within debt and loan collections, subscriptions, renewals, and credit systems. Joining this summit provides an opportunity to engage with industry leaders, showcase innovative solutions, and network with decision-makers from top organizations across the MENA region.

Date: 21 – 22 February 2024
Venue: Sheraton Hotel, Riyadh
For further information: Visit Website
For any queries, please reach out to: contact@thefuture-event.com
To Attend:  Register Now

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