Arab countries, also known as Arab League, are the political boundaries that speak Arabic language. There are twenty-two countries in the assemblage of these oil producing countries. Excluding a few names, the countries in the league of extraordinary nations show a high-ends luxurious lifestyle and attractive work and business opportunities.
Mostly having an infertile land soil, the Arabs are broadly dependent on other nations, and import heaps of commodities and edibles from the outer world. And, this is what joins the exporters from across the globe to join hands with Arab nations. World leading economists have forecasted a consistent GDP growth (of around 5% annual) in coming five years and a hugely augmented significance of private sector in ten to twenty years in Saudi Arabia and United Arab Emirates. Currently, United States of America is the largest business partner of these Muslim nations.
But before you start, and join hands with an import business in any of the Arabian countries, you should learn their business scenarios, and terms and conditions. As a business person, you should take care of all the guidelines, suggested by the Saudis since they have a very unique, strict, and out-of-world legal system. To start a business in Arab, the venture should adhere to the rules of the Islamic law, which is 'Sharia'.
To set up a successful business, client and customer meeting is the foremost need. Even if you are willing to set up an import-export connection with the country, you sometimes may have to visit there. And when visiting there, you should make sure that you carry your identity proofs and passport, to save yourself from possible legal conjunctures. The Arabs suggest their non-Muslim visitors to avoid traveling during the Hajj and the holy month of Ramadan (Ramzan).
Maintain transparency in the business – When you set up a commodity export business relation in Saudi, you should pay astute attention on maintaining the transparency in your business practices. It is very much advisable, and you should never attempt to indemnify this law.
Investigate the market – For a business to succeed, it is very important for the player to do market research, to realize the demand and expectation of the market. If you are trying to sell your products in a market segment that does not aspire to use your goods and services, it will be a waste of time, money and energy.
Acquire the authorization – Obtaining the business permit for both the parties, the exporter and the importer, is essential. Further, there are many compulsions, set by the permissions, which you need to fulfill, to start and set up your business in the Arab nations, especially in Saudi and UAE.