British Centres for Business
501, 5th Floor
Block B, Business Village,
Port Saeed, Deira,
PO Box 123885
The Holy Month of Ramadan, starting this year in mid-May, serves as something of a business threshold in the Middle East.
It’s not uncommon for budgets, projects & decisions to be influenced by Ramadan’s timing… “we’re looking at starting once Ramadan is over” is the sort of thing you might hear.
However, one clear trend that I have noticed from my decade in the UAE is that every year Ramadan actually has less impact on doing business here: commercial slowdowns just don’t happen anymore and, in many sectors like retail and – somewhat counterintuitively – food & drink, it’s actually peak season.
With the UAE firmly welded in place as a vital node in the global business network, trade & commerce continues regardless, and this year developments around Expo 2020 Dubai will provide a further catalyst for a ‘business as usual’ approach.
Business during Ramadan
Ramadan is the most widely celebrated time of the year in the Arab world. This month is a time when the otherwise frenetic pace of the city takes a slow, deep breath. Read more.
Ramadan’s effect on the retail sector
The month of Ramadan sees increased activity in some sectors in the UAE. The demand for consumer goods has been shown to boom throughout the month. Read more.
Expo 2020 update
The UK’s Expo 2020 Dubai presence has been confirmed and the first procurement exercise is underway with the design completion for the UK Pavilion launched. Read more.