Gate Way To Middle East

Why Invest in Middle East?

The Gulf Cooperation Council (GCC) located in Arabian Gulf, consists of six states: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.

Over the past decade, the Gulf has become steadily more significant. Over the next decade, it is forecast to become even more so. The region’s growth and stability has already created important expansion opportunities for international companies - in the future it will create even more.

Worth $1.1 trillion, the Gulf economy is the size of India’s and its recovery from the global slowdown is forecast to be swift. By 2020, the region’s share of the world economy is expected to grow by 4.5%, and the combined gross domestic product (GDP) of the Gulf Cooperation Council (GCC) states - Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain - is projected to be $20 trillion, closing the gap with the world’s economic leaders.

Economic diversification

Governments across the region are successfully reinvesting oil revenues in high-value projects to diversify economies. For example, roughly $1 trillion of infrastructure investments are planned, which could shortly reach $3 trillion. Other projects span real estate, transport, telecommunications, education and training, healthcare and renewable energy. All these projects provide opportunities for specialist international businesses.

Furthermore, the population is growing fast and consuming more imports. From just over 28 million in 1998, the population stood at an estimated 39 million in 2008. Individual spending power is exceptionally high, with an average GDP per capita of $34,770. With little agriculture or manufacturing in the region, this is boosting imports - from food, to clothes, to electronics.

Role of Innova in Middle East Partnerships

‘Innova @Innovation' has been the buzz word for us and we look forward to bring in the Global Partnerships for the Middle East Markets with our renowned experience and Reputation. Providing the Operational support, facilitating the business vision and emerging Profitable is a continuous mission.

We extend our partnership and co operation for the new / Global companies to establish business in the Middle East and specific to Bahrain and Saudi Arabia.

The role of the Innova is to provide leadership to our stakeholders through a unified vision, and to develop key strategies for sustainable growth. Innova also acts as a facilitator, helping all of our partners to understand and adopt the changes necessary for progress. In addition, the Innova provides sound project management to ensure that all agreed reform initiatives are implemented in an effective and timely manner.