Guidelines to Effective Networking In the Middle East & North Africa.
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Transcript of Guidelines to Effective Networking In the Middle East & North Africa.
![Page 1: Guidelines to Effective Networking In the Middle East & North Africa.](https://reader036.fdocuments.in/reader036/viewer/2022062802/56649e995503460f94b9c4da/html5/thumbnails/1.jpg)
Guidelines to EffectiveNetworking
In the Middle East & North Africa
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Middle East & North Africa
Source: http://ocw.nd.edu/arabic-and-middle-east-studies/
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Focal points
• Preparation is key – research business & culture
• First impressions count• Establishing trust• Presence• Partner anyone?• Networking opportunities
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Prepare - Culture
• Internet – news & articles• Use caution BUT beware of media
sensationalism• Read local newspapers online – Arab News (www.arabnews.com)– Jordan Times (www.jordantimes.com)
• Religion is a big part of the culture• Proper attire – especially for women
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Prepare - Business
• Chamber of Commerce in the target city– Competition, demand, infrastructure
• Zawya (www.zawya.com)• Enforceability of contracts• Nationalization issues• Monetary policy, currency convertibility
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First Impressions
• Use words in Arabic for greeting– Asalam Alaikum – Greeting– Shukran – Thank you– Ma’asalama – Good bye– T’fadal – when you hand out your business card
• Allow pleasantries enough time• Respect prayer calls• Shaking hands may be tricky
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Establishing Trust
• Share your information first• Point out common grounds• Talk about a positive fact you learned• Show respect • Accept invitations• Avoid political discussions
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Presence is Key
• Cultural norms require physical presence• Social and business relationships are
intertwined• Trust is established with frequent visits• Spend time socializing – time well spent• Strike a relationship– Befriend a local player– Open doors– Ink up an MOU or agreement
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Partnership
• Invest time & effort in sourcing the right partner
• Laws in ME dictate local ownership in most countries
• Check references, test the relationship• Consult a local lawyer on legal structure• Reputation, Reputation, Reputation!• Be fair, you need each other
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Introductory Seminar/Workshop
• An excellent tool to introduce your company• May be arranged in concert with an influential
and reputable local player• Often done privately• Increased exposure via local news media if
done publicly
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Local Business Groups
• A great tool• In Saudi Arabia, the American Businessmen of
Jeddah (www.abj-sa.com)• Middle East Council of American Chambers of
Commerce (www.abcgc.us)
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Conferences & Trade Fairs • Provide opportunities to network• Possibly showcase your company’s
products/services• Main events in the region include:– Global Competitiveness Forum in Riyadh, Saudi Arabia– Jeddah Economic Forum in Jeddah, Saudi Arabia– Media & Marketing Show in Dubai, UAE– Cityscape Dubai Conference (Real estate)– The Education Project in Bahrain– MENA Renewable Energy in Dubai– www.middleeastevents.com
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Other Pointers
• Ensure ability to follow up• Write on business cards reminders• Taking photos is not always welcome• No maybe yes and yes maybe no• Families are private• Titles are important• Names can be confusing