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Echelon X: Exploring the realities of market access in the Middle East

 

The Echelon X fireside chat titled ‘Market Access in the Middle East: Myth or Truth in This Opportunity?’ explored the often-overlooked potential of the Middle East as a lucrative market for businesses seeking global expansion. The session aimed to separate fact from fiction and provide practical insights for enterprises interested in entering and succeeding in the Middle Eastern market.

Moderated by Fatima Almubbad, Director of Singapore and Southeast Asia at the Bahrain Economic Development Board (EDB), the fireside chat featured Hian Goh, Partner at Openspace Ventures.

In this discussion, participants delved into the opportunities and challenges associated with accessing the Middle Eastern market. The conversation highlighted that while the Middle East presents significant potential for growth, it is also a region filled with complexities that require a nuanced understanding. The panellists examined key factors such as market readiness, cultural considerations, regulatory environments, and the unique economic landscape of the region.

The discussion underscored the need for businesses to be adaptable and informed when considering expansion into the Middle East. The fireside chat concluded by reaffirming that the Middle Eastern market, though often misunderstood, holds considerable potential for businesses willing to navigate its complexities.

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