Spanning across Asia, Europe and Africa, and bordered by the Indian Ocean and the Pacific Ocean as well as five bodies of waters, the Middle East, the key area of interconnectivity, plays an important role under the Belt & Road Initiative.Trade and commerce between China and the Middle East has longstanding historical significance. In his opening address at the China-Arab States Cooperation Forum in July 2018, China’s President, Xi Jinping stated that Arab states are natural partners in the Belt & Road Initiative and called for a comprehensive, cooperative and sustainable security partnership.
With the mix of investment opportunities in various sectors, an increasingly favourable regulatory framework and attractive tax structure, you have a formula ripe for inbound investment. This brings benefits to the Chinese investors doing business in the Middle East. But doing business in the Middle East relies on investors adjusting to different and unfamiliar ways of doing business. In a region that places high importance on market connections and local culture, the ability to adapt and respond to these changes is central to success.
With its in-depth local knowledge and extensive practical experience, King & Wood Mallesons Dubai office prepared this “Doing Business in the Middle East” (available in both English and Chinese) to explore the key developments and trends currently playing out in the region and offer insights and suggestion for a variety of legal issues. We are prepared to unlock the opportunities for you in the region and add value to your business.