Middle East Business Travel Guide is a useful article for people who want to start a business in the Middle East. But the question is, what kind of business can they do in the Middle East? Which jobs can make money in the Middle East?
To answer this question you should know that the Middle East region took a high place in the events held in 2022. It was also proven that 94% of these events were held in this region.
In addition, From May 6 to 9, 2024 a business event is scheduled to be held in Dubai. This is why all people are looking for more information about Business Travel to the Middle East.
Table of Contents
Middle East Business Travel Guide
These days, in the Middle East region, the government’s focus is shifting towards oil-independent industrial activities, and the long-term dependence on crude oil-independent businesses is decreasing.
However, everybody knows that The Middle East, as the heart of Eurasia, is an important region in the whole world.
This region is considered as the air and land passage between Europe and Africa with India and East Asia and has exclusive power in the world. This is why you should read about the following topics:
Middle East industry
- The Middle East and the oil-dependent economy
- Independent oil economy of the Middle East
- Tourism industry of West Asia
- Economy of West Asia
- Middle East and West Asia stock market
Middle East industry
Industrial production in European countries has decreased by about 3.6% in 2019. While Turkey has grown by 8.6% at this time. So it can be concluded that industrial production is one of the most important indicators of economic growth.
Following this subject, you should know that the consumption of steel in the around of the “khalije Fars” countries and especially in the United Arab Emirates has increased greatly in recent years, and the construction sector, has been the basis of this growth.
The Middle East and the oil-dependent economy
If you care about the Middle East Business Travel Guide, it is important to get information about The Middle East and the oil-dependent economy.
So pay attention that it is expected that in 2021, following the resumption of economic activities and the resumption of demand, the non-oil sector in the Middle East countries will be revived, but the growth of oil production and demand in the world will be very weak.
In addition, it is expected that the economic growth of Saudi Arabia will reach 2% in the next fiscal year with the return of large national investment projects, increased demand, and increased value-added tax.
Independent oil economy of the Middle East
In the Middle East region, governments’ focus is set to shift towards oil-independent industrial activities, and long-term dependence on crude oil-independent businesses will gradually decrease.
In other words, it is expected that Industries such as electronics, automobiles, plastics, and agriculture in the Middle East grow at a suitable speed.
So if you want to have a business travel and you need a Middle East Business Travel Guide, don’t forget about what we say about the Independent oil economy of the Middle East.
Tourism industry in West Asia
The 3 countries of Saudi Arabia, Egypt, and Morocco have taken first place among the Arab countries of the region in attracting tourists. The total number of foreign tourists in the Middle East in 2012 reached 52 million passengers
This means that many travelers visit the Middle East just for business. And everybody knows, that if a country has enough tourists, it is possible to invest in that country.
Economy of West Asia
Import, export and buying and selling in the Middle East and West Asian markets is an important topic that needs several independent articles to talk about. However, it is better to know that according to Middle East Business Travel Guide, the conditions for importing, exporting and buying and selling in the Middle East are available.
Middle East and West Asia stock market
So far, 10 exchanges are located in Asia and there are examples of them in African and Latin American countries. This is a non-modern and completely traditional market, the establishment of the Istanbul Stock Exchange dates back to 1926. This market is now available online and you can easily join it.
Read more about Middle East Business Travel Guide!
If you want to read more about this subject, it is time to use technology and online platform. In fact your ultimate guide to business travel in the Middle East with Yiata has been provided.
Yiata is an application which is work based on travel. So it doesn’t matter you want a Business Travel or you are looking for a new place to spend your holidays. The important point is with Yiata you are able to use hundred services to have better travel and get amazing experiences while trip.
Introduction to Yiata services
It is true that an efficient business travel in the Middle East starts with Yiata. But don’t forget that Yiata has so many services that help you to save your money on travel and of course, give you useful information through its blog.
In other words, Yiata has provided a situation where you can have access to hundreds of options for your flights, hotels, and insurance. These services are very important during travel.
We must say that Yiata is fast, excellent, and elegant and it is easy for you to work with its website and application. At last, we should mention that, if you want to use Yiata services, you can install its application from its website or play store.
Conclusion
Getting information from the Middle East Business Travel Guide will provide a situation to start a business in the Middle East. This information contains the Middle East industry, The Middle East and the oil-dependent economy, the Independent oil economy of the Middle East, the Tourism industry of West Asia, the Economy of West Asia, and the Middle East and West Asia stock market which we have explained all.
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