Business traditions and mentality
For doing business in another country successfully, you must understand the mentality of its people, the business traditions of entrepreneurs, and the everyday habits of residents. Its knowing will make your way to success easier.
The United Arab Emirates (UAE) is a country consisting of seven small city-states, which include Dubai and Abu Dhabi. To successfully conduct business in this market, it is important to understand its cultural characteristics. Business Development Director of Glint Innovation Kuatar El Hilaly and General Manager of Starmedix Inc. Ajit Pal, who worked a lot in the UAE, spoke about the intricacies of such cooperation.
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Saudi Arabia's business culture is unique, and understanding how things work in the Kingdom's boardrooms, offices and venues is critical to running a successful business in the Arab world's largest economy.
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The most important thing to remember is that business etiquette in the UAE is all about respect. In addition, the country's attitude towards business is changing. For example, corporate social responsibility is an increasingly important issue. In addition, the government is taking measures to promote women in the workplace and combat corporate crime in the UAE.
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Expats make up 85% of Qatar's population and this affects the local business culture: it varies by person and organization. Therefore, an expatriate who does business in Qatar must be flexible, adaptable and open-minded.
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Qatar is an Arab country, which is located on a peninsula washed by the waters of the Persian Gulf. Its hinterland is an arid desert, while its coastline is covered with beaches and dunes. Doha, the capital of the country, is famous for its futuristic skyscrapers and ultra-modern buildings, made in the style of ancient Islamic architecture.
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Kenya is a magnificent African country with extensive national nature reserves, amazing scenery, beautiful beaches and friendly people. Kenyans are very proud of their country and are famous for their hospitality and kindness.
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Modern Argentina is a large industrial country, one of the most economically developed countries in Latin America. Buenos Aires is one of the largest agglomerations in the world. Argentina has its own economic, cultural and social characteristics that should be considered when doing business in this country.
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Mongolia in ancient times was the largest state in the world. Traditionally, this country is famous for its rich culture, customs and traditions. The culture of the Mongols is inextricably linked with the nomadic way of life of this people and the surrounding nature — the endless steppe and the ever-blue sky. This is a country of contrasts, where centuries-old foundations and the latest trends of civilization coexist harmoniously even today.
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The Republic of South Africa (SAR) is a state in the southern part of the African continent — an extraordinary synthesis of exotic and rational modernity. These are virgin deserts and savannahs with wild animals, many kilometers of farms and wildlife parks, stunning beaches, cities with skyscrapers rising to the sky and old Victorian houses, modern high-tech life and slums.
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Gifts are an integral part of international business relations. With their help, any partnership is started, continued and maintained. Business gifts, chosen correctly, can lead you to amazing results of cooperation.
Maksim Kirilenko, SeoPult International Expansion Director, tells how to choose a gift for foreign business partners.
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Maxim Kirilenko, SeoPult International Expansion Director, shares his experience of working with Brazilian partners.
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Vietnam is a very ancient country with a rich historical and cultural heritage. The way of life of most ordinary people in Vietnam is not too different from the life of their ancestors hundreds of years ago. However, since Vietnam's accession to the WTO in January 2007, the country has experienced economic growth, which has brought with it great changes.
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Initial business valuation
Business analysis and audit (Due Diligence)
International support of negotiation and deal
Looking for ideas on which businesses to invest in and in which markets it is profitable to buy a ready-made business? The REAB website has useful articles in the topic of "Market and Investment Niche Reviews".
