50% of SMEs have had to cut salaries and 50% have had to restructure their financial model to keep their business going as a result of COVID-19…
…20% saw more sales than ever before.
But even the SMEs without sales booms have seen positives with 36% using the time to improve their product offering.
For even more stats and insight into how COVID-19 affected cashflow for the UAE’s SMEs, watch the second in our series of three videos analysing the affects of COVID-19 on the nation’s SMEs.
If you missed the first video, watch it here.