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The Middle East Opportunities Abound

The Middle East Opportunities Abound. Research & Consultancy. Cultural Understanding. Building Relationships. Cultural Conduit. Welcome. January, 30, 2009. Ahlan Wa Sahlan Salaamu Alaykum Marhaba. The Middle East Opportunities Abound.

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The Middle East Opportunities Abound

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  1. The Middle East Opportunities Abound Research & Consultancy Cultural Understanding Building Relationships Cultural Conduit

  2. Welcome January, 30, 2009 Ahlan Wa Sahlan Salaamu Alaykum Marhaba

  3. The Middle East Opportunities Abound Serious economic challenges + Incredible Growth in the Middle East = Immense Opportunities. The Future

  4. Doing Business In the United Arab Emirates The Middle East Opportunities Abound January, 30, 2009 From 1990 to the present, the ever-increasing skyline of Dubai tells the story of growth.

  5. The Middle East Opportunities Abound …half of Wall Street left for the Middle East to wait out the storm…

  6. The Middle East Opportunities Abound Vision, Transformation, and Economic Growth

  7. The Middle East Opportunities Abound Vision, Transformation, and Economic Growth Source: IMF World Economic Outlook: Econstats; Ministry of Economy

  8. Source: UAE, Ministry of Economy

  9. The Middle East Opportunities Abound The Middle East Opportunities Abound Vision, Transformation, and Economic Growth Vision, Transformation, and Economic Growth Source: UAE, Ministry of Economy

  10. The Middle East Opportunities Abound Vision, Transformation, and Economic Growth

  11. MICHAEL LLOYD Vice President, Unique Image, Inc. Editor-in-chief, ALO magazine Director, ALO Cultural Foundation Driven to build a business that would be the conduit and bridge between the U.S. and the Middle East.

  12. Trade Relations Cultural Exchanges EthnicMarketing Business-to-Business Programs Press Delegations Charitable Missions Qatar Dubai Bahrain Oman

  13. Source: Dubai Strategic Plan 2015 The Middle East Opportunities Abound Three Essentials 1. Knowledge and understanding of the market.

  14. Source: Dubai Strategic Plan 2015 The Middle East Opportunities Abound Three Essentials 1. Knowledge and understanding of the market.

  15. Source: Dubai Strategic Plan 2015 1. Knowledge and understanding of the market. Doing Business In the United Arab Emirates Three Essentials

  16. Middle East Business Culture Overview • ~ In most countries Women usually dress conservatively and modestly. • ~ Meetings can run late and result in postponements. • ~ Business visitors are expected to be punctual for all appointments. • ~ In meetings, it is rude to refuse tea or coffee, food. • ~ Never ask about a man's wife. • ~ Offerings (business cards/gifts) should be offered with the right, not left hand. • ~ In many countries Government offices open Sat-Wed and close at 1-2 p.m. for the day. • ~ Businesses close from 1:00 p.m. until 4:30 p.m. when they re-open for several hours. The Middle East Opportunities Abound 2. Respect towards the culture and its practices. Three Essentials

  17. “As we support, watch, and encourage reforms in the region, we are mindful that modernization is not the same as Westernization.” Doing Business In the United Arab Emirates 3. Loyalty, integrity and win-win business vision and expectations. Three Essentials

  18. ~Invest in the health and education for all, • ~Privatize economies and secure the rights of property, • ~Support innovation without sacrificing culture, and • ~Following the rule of law. Doing Business In the United Arab Emirates Common Vision in Raising Economic Growth and Successful Societies

  19. Bahrain Dubai Morocco Oman and Lebanon Jordan Qatar Dubai The Middle East Opportunities Abound The Middle East Opportunities Abound The Middle East Opportunities Abound Examples of Incredible Economic Growth

  20. Brick Walls and Barriers • ~Lack of proactive communication ~Reaching the right individual / entity • ~The value of research • ~Networking effectively • ~Paving the roads for business-to-business dealings • ~Inefficient tracking system • ~Confidentiality issues The Middle East Opportunities Abound The Middle East Opportunities Abound The Middle East Opportunities Abound The Middle East Opportunities Abound Obstacles to doing business in Dubai Obstacles to doing business in Dubai Obstacles to doing business in Dubai

  21. DUBAI MBITA DCCI Unique Image Inc The Middle East Opportunities Abound The Key Triangle Relationship of Unique Image, Inc., Dubai Chamber, and the Economic Alliance

  22. The Middle East Opportunities Abound Building Relationships

  23. Thank you! The Middle East Opportunities Abound

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