Les affaires dans le monde arabe (document en anglais)

Introduction

Business in the Arab world is easy if you are ready to follow some rules. The main rule is to adjust to timings and being patient. Arab world has always offered many opportunities to conduct business. There are better facilities and infrastructure now with banks, financial institutions and branch offices of many companies established there. The business opportunities are now improving as the world is getting connected better with more opportunities for sealing deals and propagating best practices in business. Though still there are certain norms that are related to business styles in the Arab world .

The Arab world is made up of the most of the countries of the Middle East and Northern Africa. The economies in most of these countries tend to be fairly small but there are some wealthy nations amongst the group. Those nations that are wealthy in almost all cases got there because they have small populations and huge oil reserves.

The largest economy in the Arab world is Saudi Arabia and this is almost entirely because of the large oil reserves on which they sit. The entire economy is controlled by the ruling family who have become very wealthy as a result. That being said the average Saudi citizen has profited as well as the money is fairly well distributed. The problem for Saudi Arabia is that there is almost no diversification to their economy. This makes them vulnerable when the price of oil goes down. It also raises questions about what is going to happen after the oil is gone.

registering property

Brief , Doing Business records the procedures necessary for a business to purchase a property from another business and to formally transfer the property title to the buyer’s name. The process starts with obtaining the necessary documents, such as a copy of the seller’s title, and ends when the buyer is registered as the new owner of the property. Every procedure required by law or necessary in practice is included,whether it is the responsibility of the seller or the buyer and even if it must be completed by a third party on their behalf.

Like we said , Doing Business records the full sequence of procedures necessary for a business (buyer) to purchase a property from another business (seller) and to transfer the property title to the buyer’s name , and with more details , the buyer can use the property for expanding its business, use the property as collateral in taking new loans or, if necessary,

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