British Centres for Business
501, 5th Floor
Block B, Business Village,
Port Saeed, Deira,
PO Box 123885
Open to Export recently published the results of a study conducted in November, for which they spoke with 400 UK companies.
The key findings were:
You can download the full report here , however I’d like to address the two latter points highlighted.
Clearly cultural similarity is an important factor, 34% of respondents stating it’s a ‘major factor’. There is no question that the Middle East has a very different culture generally to that of the UK, however it is important to highlight that more than 100,000 Brits have chosen to live in the UAE (myself included!).
The final point, regarding research, fills me with optimism for the future of the BCB initiative. Of course, a company should fully research the market it wishes to enter, but we’re here to lessen the bureaucratic load once you make that decision. The BCB helps you jump the first few hurdles and makes things easier for you in that critical first year, allowing you to focus on capitalising on the opportunities on offer in this thriving and dynamic part of the world.
So, 100,000 familiar faces and with the BCB as a partner to manage government issues means that your business, through expansion, could be one of the 78% mentioned above.
Image taken from the report