Saudi Arabia is one of EMEA’s top emerging markets, but it is on an unsustainable growth path that threatens long-term prosperity. In addressing this problem through economic diversification, the government will increasingly push MNCs to localize their presence or risk…
Preparing Your Business for Post-Sanctions Iran [Infographic]
International negotiations involving Iran’s nuclear program were extended until November 24, which is good news for Western multinationals. Senior executives should use this extra time to lay out plans for entering or expanding in the Iranian market. Today, FSG released a report for our clients that…
Iraq Crisis: Reacting Rashly to Instability Could Hurt Your MENA Business
Spencer Platt, Getty Images Right now all eyes are on the conflict in Iraq. However, political instability is the regional norm, as seasoned senior executives can attest. Companies must avoid making rash decisions in response to regional volatility. Otherwise, there is…
MNC Insight: Five things I learned during my 10-day visit to Dubai
I met with more than a dozen Dubai-based senior executives from multinational companies across several sectors. Five important issues emerged during our conversations: 1. Improving performance in Africa is the focus of MEA strategic planning During my visit to Dubai, 70%…
The GCC’s long-term economic interests should encourage resolution of political crisis
Intraregional competition among GCC countries is normal and it has benefited foreign companies due to its encouragement of infrastructure upgrades in finance, ports, and tourism. However, the decision by Bahrain, Saudi Arabia, and the UAE to withdraw ambassadors from Qatar…
Why Algeria could unexpectedly emerge as a major FDI destination after the presidential election
Algeria’s upcoming presidential election should represent a turning point for investment. As expected, Algeria’s President Abdelaziz Bouteflika will seek a fourth term in April. He is expected to win easily. What isn’t as certain is what this means for Algeria’s…
Five Political Events that will Impact your MENA Business in 2014
My last post focused on an overlooked topic in the MENA region: business opportunity. This post covers a more popular regional theme: political risk. MNCs must prepare for how the following political events could impact their MENA business performance in…