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The Risk and opportunities of doing business in the Middle East

 
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<namePart>Banham, Russ</namePart>
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<abstract displayLabel="Summary">For every company considering market opportunities in the Middle East and North Africa (MENA), the region¿s political and economic stability is of great concern. A broad geographic expanse that is home to more than 350 million people, the region faces an increasing threat of violence and unrest from civil wars in Libya, Yemen, Iraq and Syria, and continuing clashes between Israelis and Palestinians. Add to this the rise of terrorist groups like ISIS, an erupting migration crisis as millions of refugees have been displaced and declining oil prices that have resulted in tighter fiscal policies, and political tensions are high throughout the region. In addition, many MENA nations face pervasive problems with corruption, payment obligations, currency risks and physical security threats. Companies must deal with bureaucratic minefields and an uncertain, ever-changing regulatory and tax climate. As a result, although not every MENA country presents the same challenges, companies looking to enter the region must conduct a careful risk analysis before expanding into this market</abstract>
<note type="statement of responsibility">Russ Banham</note>
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<topic>Gerencia de riesgos</topic>
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<geographic>Oriente Medio</geographic>
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<geographic>Africa del Norte</geographic>
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