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The economies of the Middle East are as diverse as they are unequal. Most Middle Eastern countries are known for their tremendous oil output and there exists a significant gap between the development of countries that do not possess large petroleum reserves and those who do.
However, many Middle Eastern States have taken measures to diversify and expand their economies, becoming less reliant on petroleum as source of national income. Many regional currencies enjoy high exchange rates and cities are usually well-appointed and infrastructural sound.
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Since the 1930’s, American companies have been investing in Middle Eastern assets and there exists a huge demand for American products and services within these countries. Several nations, the UAE in particular, are in the process of negotiating a free trade agreement with the US. Such a pact could only lead to greater investment percentages in the region as American and Arab businesses move to strengthen ties of economic cooperation.
Finding the right people to market can be tricky, especially in the Middle East. However, Esalesclub can put you in contact with the industry leaders and officials who can effectively respond to your B2B marketing endeavours.
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