Arabian Business and Cultural Guide
A 200+ pages guide for visitors, exporters, and international traders to understand the culture, business culture, and how to do business with Saudi Arabia, Kuwait, United Arab Emirates, Qatar, Bahrain and other Arab countries. Author: Mohammad Al-Sabt
"I lived and went to school in the Arab world and found your guidance to be right on target. I had a great time, but unfortunately did not have the advantage of your guide to help me through the rough spots." Bob Kitrinos-USA.
The guide is a must for those:
- visiting Saudi Arabia
- visiting Kuwait
- visiting UAE
- visiting Bahrain
- visiting Qatar
- visiting Oman
- visiting Yemen
- and other Arab countries
The guide is a must for those who want to:
- do business with and export to Saudi Arabia
- do business with and export to Kuwait
- do business with and export to UAE
- do business with and export to Bahrain
- do business with and export to Qatar
- do business with and export to Oman
- do business with and export to Yemen
- do business with and export to other Arab countries
Some facts about the Arab market:
- Total population of the Arab countries is around
242 million people. Arabian countries are:
Algeria, Bahrain, Djibouti, Egypt, Iraq, Jordan,
Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman,
Qatar, Saudi Arabia, Somalia, Sudan, Syria, Tunisia,
United Arab Emirates, and Yemen.
- Population of Saudi Arabia is 16 million people;
60% are under 18 years old, which means that
products geared toward younger generations will have
a good market. Products related to establishing new
homes, such as furniture, electronics, and kitchen
wares will also have a good market, since most
Arabs get married at young ages.
- United Arab Emirates has a population of 2 million
people. Kuwait has a population of 2 million people.
Egypt has a population of 59 million and it is
estimated it will reach 64 million people in the next 6
years.
- The annual food market volume for all members of
the Gulf Cooperation council (Saudi Arabia, Kuwait,
United Arab Emirates, Qatar, Oman, and Bahrain) is
$8 billion; Saudi Arabia's share is 60% of this amount.
- Top exporters of food products to the Saudi market
listed according to their export volume are USA,
Holland, Denmark, Turkey, and Australia.
- Total annual retail sales in Kuwait are over $1 billion.
The total annual sales of all co-operative supermarkets
in Kuwait are over $860 million.
- Market volume for electronics and electrical goods in
Saudi Arabia is estimated at $400 million. Saudi
Arabia purchases 400,000 television sets each year.
- In 1993, Saudi Arabia and United Arab Emirates set
the world record in purchasing gold jewelry. The sales
volume in these two countries reached $11.3 billion a
year. 24, 22, and 21 karat gold jewelry is preferred.
- Members of the Gulf Cooperation council
(Saudi Arabia, Kuwait, United Arab Emirates, Qatar,
Oman, and Bahrain) imported $16 billion of manufacturing
and shipping equipment in 1993.
- More than 70% of Saudi Arabia's needs are fulfilled
through imports.
- Qatar total imports came to $1.9 billion.
Imports from Europe totaled $591 million ( principally
from Britain, Germany and Italy). Imports from Asian
countries came to $586 million, with more than 50%
of that from Japan.
- Total spending on advertising in the Gulf Cooperation
Council countries increased from $606 million to $710 million in 1994.
Advertising market volume is increasing by more than 15% annually.
Newspapers have the biggest share of the advertising market.
- In an American study, Bahrain was in third place
world- wide in its ability to attract foreign
investments and world money flow. Bahrain was able
to attract $86 billion in foreign investments through its
banking systems.
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