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THE MIDDLE EAST AND CIS MARKET TO GROW YOUR BUSINESS
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The Middle East is located geographically in one of the most influential locations as it connects the west and east of the world.
This area consists of countries with different cultures, resources, and climate variation and respectively different needs, which makes it an attractive market for international business and has become a central hub for many successful businesses.
Fast evolving economies of countries in this area mainly based on oil, have created many opportunities in this region. Key players in the area are Iran, Saudi Arabia, The United Arab Emirates, Oman, Qatar, and Kuwait.
Among these countries, Iran’s geopolitically advantages and accessibility to CIS (Russia, Azerbaijan, Uzbekistan, …) and Levant (Turkey, Iraq, Lebanon, …) countries have made Iran significantly an important player in the area.
Iran has a land of 1,648,195 km2, which is the second largest country in the Middle East, with the population of 81 million, the 18th most populated country in the world.
Iran has an economy mixture of oil & gas, mining, and agriculture. Iranian economy is improving strongly since the removal of International business restrictions from early 2016 due to mainly oil price and production increase and respectively growth in other sectors such as agriculture, mining and services.
According to the World Bank reports in 2016 Iran has experienced 13.4% increase in economic growth.
Sanction removals have created many opportunities in different Industries and particularly Agricultural sector. This has opened up the door for foreign companies to enter a very potential market introducing their new technologies and products and also investing in infrastructures in Iran .
AAIG can provide professional services and assist clients in doing business in the Middle East and Iran.
Agriculture sector generates 12% of Iran’s GDP. Iran is in urgent need of new technology and know-how to…
Iran has vast resources of minerals. Iran is the largest zinc reserve holder, the 2nd in terms of copper and the 12th in iron ore.
Iran is the largest producer of petrochemicals in the Middle East and the third largest regional oil reserve holder in this area.
Iran is considered a marine country that is located between the Persian Gulf, the Sea of Oman, and the Caspian Sea.
The industry goes to early 1950’s. Recent statistics revealed that the foundry production is about 540,000 tons/annum.
