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GMC…..Your gateway to Middle East Corrosion Market

Facts about Middle East

  • Combined GDP = US$ 2.5 trillion, which is higher than GDP of Russia or Brazil.
  • Expected GDP growth = 4.5% for the next 5 years
  • Saudi Arabia is world’s largest oil producer. Saudi Aramco is world’s biggest oil company.
  • Qatar is world’s second largest gas exporter.
  • Middle East holds 60% of the world’s proven oil reserves.
  • Middle East holds 45% of the world’s proven gas reserves.
  • MENA region hosts more than 30% of global mineral reserves.
  • Most multinationals have more than 3% of their global sales in Middle East.
  • Arabic, English and Hindi most common languages.
  • MENA region has 380 million population (i.e. more than the combined population of US and Canada).
  • Most currencies are pegged to US dollar.
  • GCC (Gulf Cooperation Council namely, Saudi Arabia,Bahrain,Kuwait,UAE,Qatar and Oman) is the group of most stable (politically as well as financially) countries in the Middle East.

By choosing GMC, the cliect (who is looking to get into Middle East market)

  • Need not set up a legal entity in the Middle East
  • Need into hire its own full-time business development personnel for the Middle East by providing them full expatriate salary package, along with the benefits, as required the local law
  • Reduce the travel expenses of its own internal sales people traveling frequently to the Middle East
  • Can minimize its CAPEX and OPEX needed for entering a new market
  • Reduce the time / effort involved in contacting key stakeholders in a new market
  • Can have complete control of the potential orders (all purchase orders and payments to be sent directly to the manufacturer by the customers)
  • GMC firmly believes in the saying “Do in Rome as the Romans do”. With that, we localize the product / services offering of the manufacturer to meet the local market requirements and complying with the cultural sensitivities involved.
  • Can instill confidence in your potential customers that you are not ‘experimenting’ in this market on a short-term basis (not sporadic in-out approach) but are serious to do long-term business in this region by having an established company like GMC represent you.
  • Provide ‘peace of mind’ to your potential customers that a local person from GMC (in the same time zone / having the same weekends) is available in the region for providing necessary sales / technical support in a timely manner.
  • Will get necessary visa assistance for the manufacturer’s visits to the countries, where it is a must to have a prior visa (e.g. Saudi Arabia)
  • Can serve other regions (Africa, Indian sub-continent, Central Asia, East Europe, Former Soviet countries, Asia-Pacific etc.) from the strategic hub of the Middle East (i.e. Dubai)
  • Can easily interact with GMC’s owner who is well versed in both Eastern and Western cultures
  • Can mitigate the risks involved by taking the strategic guidance of our local professional company having wealth of regional knowledge
  • Can avoid costly mistakes done by companies, who are unaware of the local laws in the Middle East
  • Get required assistance and guidance for logistics / customer support for shipping and documentation requirements for this region.

In essence, GMC owner will act as your own business development person for the Middle East region and not as a conventional agent / representative.