UK based firm seeks business opportunities in Middle East

1.  UK based BDB firm seeks opportunities in
Middle East.
 Middle Eastern countries are serving greatest
opportunities for UK based consultancy firms
 There is sovereignty regarding political and
economic terms in Arab nations.
 Gulf States are preserving natural rights of
controlling world market supplies of oil.
 Middle East countries are 30% producers of
world oil market.

2. •Saudi Arabia business friendly relations with
world and promotion of peace and security.
•Saudi Arabia has formulated macro-planning
for MNCs amounting to $1 trillion.
•Oil prices have direct impact on stock index
of Saudi Arabia

3.  Government is focusing on service industry.
 Government is aiding the infrastructure and
adequate expenditure to research and
development, science and technology.
 KSA has strong implementation of patent and
copy right laws including trademarks.

4.  Government is emphasizing on educational
system improvement to nurture local
workforce.
 KSA has rapid economic growth than other
Middle Eastern countries.
 UAE, Qatar, and KSA are attracting 62% of
overall FDI of Middle Easter Countries.

5.  KSA has strong attraction of FDI than Qatar
and UAE.
 KSA is regional winner of FDI worth $14.7
billion.
 KSA is enjoying rapid growth in:
1. Business services
2. Real Estate
3. Construction
4. Hospitality
5. Consumer products

6.  KSA reserves are equivalent to world’s one
fourth and estimated 263 billion barrels (US
Department of State, 2011).
 KSA is rapidly expanding economy of world
that has minimum defense and government
expenditures.
 The kingdom is seeking diversification of
industrial expansion in non-oil economic
sectors.
 It is evident that Saudis nationals are getting
increased standards of living by oil wealth.

7.  Government is earmarking budget for
education, social, and health services.
 Gulf Arab cooperative council countries (GCC
countries include Oman, Kuwait, Saudi
Arabia, Bahrain, Qatar, and United Arab
Emirates) are extremely dependent on US
food industry
 Population growth of GCC countries remained
consistently at high pace.

8.  oil industry is contributing in the economic
development and per capita income of
residents.
 Hospitality industry of GCC industry is also
getting enrichment by coordination of US
tourism market.
 Saudi Arabia and UAE are facing crucial
challenges of limited domestic production
whereby they have meet the increasing
demands by huge imports.

9.  http://www.arabnews.com/saudi-arabia-leads-middle-east-fdi
 Rahman, M.S., 2010. Variance Analysis of GDP for GCC
Countries. International Review of Business Research Papers,
6(2), pp.253-59.
 New York Times Inc, 2012. Energy & Environment. [Online]
Available at:
http://topics.nytimes.com/top/news/business/energy-
environment/oil-petroleum-and-gasoline/index.html
 Maghyereh, A. & Al-Kandari, A., 2007. Oil prices and stock
markets in GCC countries: new evidence from nonlinear
cointegration analysis. Managerial Finance, 33(7), pp.449-60.
 First Century Beckons. Thunderbird International Business
Review, 49(4), pp.507-33.
 Economist Newspaper Limited, 2011. The price of fear. [Online]
Available at: http://www.economist.com/node/18285768