Network Marketing in the United Arab Emirates (UAE)

[mehadihasan123456]

Many are fascinated by the color of the Middle East, and some even open a business there, despite the fact that the local market is very different from the European one. After reading the article, you will learn the peculiarities of the local mentality, the nuances of legislation and a list of the best local MLM projects.

What is the UAE economy like?
The United Arab Emirates (UAE) is one of the richest countries in chinese america data the world, the 2nd largest economy in the Middle East, the 30th largest in the world, and the 25th largest by GDP. The secret to their wealth is believed to be their vast oil and gas reserves, but that is only part of the reason.

The whole world knows that the Arabs have always been skilled merchants. In our time, the sheikhs, descendants of ancient merchant families, have done painstaking work to create their own industrial sector and develop the local economy, investing their own funds there.

PS: The sheikhs control 75% of the capital of industrial enterprises in the UAE and “emirate wealth” is provided not by foreign investments, but by the capital of indigenous residents and targeted loans.