Ade Asefeso MCIPS MBA Published His New Book CEO Guide to Doing Business in Middle East

July 14, 2012 - PRLog -- CEO Guide to Doing Business in Middle East (United Arab Emirates, Saudi Arabia, Kuwait, Bahrain and Qatar) (Why Middle East?)

That’s the question that Ade Asefeso answers in his new book "CEO Guide to Doing Business in Middle East (United Arab Emirates, Saudi Arabia, Kuwait, Bahrain and Qatar)”

Ade said in this book “Are you a CEO, consultant or entrepreneur interested in entering or expanding your activity in United Arab Emirates, Saudi Arabia, Kuwait, Bahrain and Qatar’s market?”

“Then this Book is for you.”

Ade also said that “Remember that religion is a way of life in the Middle East and has a profound impact in a cultural sense. Islam penetrates all levels of society and behaviour, and will impact how people will interact with you. We are concentrating on 5 of the 6 Middle East Counties that form the Gulf Cooperation Council (GCC)”

Visit http://www.booksonline.aaglobalsourcing.com for details.

Ade pointed out that “The United Arab Emirate (UAE) is situated in the southeast of the Arabian Peninsula on the Persian Gulf, bordering Oman and Saudi Arabia. The UAE is a federation of seven Emirates each with its own Ruler. These are Abu Dhabi, Dubai, Sharjah, Fujairah, Ajman, Ras Al Khaimah and Umm Al Quwain. The capital and second largest city is Abu Dhabi, which is also the country’s centre of political, industrial and cultural activities”.

Ade said in his book that “Saudi Arabia's command economy is petroleum-based; roughly 75% of budget revenues and 90% of export earnings come from the oil industry. The oil industry comprises about 45% of Saudi Arabia's gross domestic product, compared with 40% from the private sector. Saudi Arabia officially has about 260 billion barrels (4.1×1010 m3) of oil reserves, comprising about one-fifth of the world's proven total petroleum reserves”.

Ade also said that “Kuwait's economy is heavily dependent on oil revenues. The Kuwait government is keen on reducing the dependence on crude oil revenue. It plans to increase investment in downstream industries of the oil sector and also through promoting the role of the private sector and privatisation”.

Ade also pointed out that “Bahrain is a small island with a population of just over 1 million people. Bahrain’s total area covers 770 sq km; it is the smallest of the six Gulf Cooperation Council (GCC) member states and consists of 33 islands”.

Ade said that “The main source of Qatar’s wealth is its vast reserves of oil and natural gas (it has the world’s 3rd largest natural gas reserves) which have made it one of the richest countries in the world. Prudent management of these reserves has produced substantial fiscal surpluses (estimated at $16bn, or 3.4% of GDP, for 2010-11) that are being used to fund a diversification and development programme of investment in energy related industries, health, education and infrastructure in particular”.

Ade spent a lot of his time representing various companies either at supply chain level, operational level, sales and marketing level, and senior executive level across Asia, North America, Africa, Eastern and Western Europe.

Ade is currently the CEO of AA Global Sourcing Ltd. A company that helps local businesses outsource so that they can enjoy the benefits that used to be enjoyed by big corporations for years.

All this still doesn’t make mention of Ade’s increasingly successful career as an author, of numerous books on Finance, Business Ideas, Personal Development, Self help, Outsourcing, Lean manufacturing, Lean Office, Real estate and Online Marketing.

Visit http://www.aaglobalsourcing.com for details.