Doing business in the middle east a primer for us companies john h donboli ing recent legal and political developments that in turn will shape the economic outlook for countries in the middle east 5 the world bank group 2004 world development indicators 256 2004 available 2005 doing business in the middle east trade and . The economy of the middle east is very diverse with national economies ranging from hydrocarbon exporting rentiers to centralized socialist economies and free market economies the region is best known for oil production and export which significantly impacts the entire region through the wealth it generates and through labor utilization. Jordan is classified by the world bank as an upper middle income country according to the heritage foundations index of economic freedom jordan has the third freest economy in the middle east and north africa behind only bahrain and qatar and the 32nd freest in the world. Owned and published by outlook publishing who also produce global business titles africa outlook and asia outlook europe middle east outlook provides a superb opportunity for all companies advertisers and media partners who deserve the attention of europes and middle easts leading business executives to showcase their services and . Alongside disappointing global growth in the fourth quarter of 2015 and the possibility that the january 2016 forecast of 29 percent growth for the year may have to be revised downwards economic prospects in the middle east and north africa mena region remains grim
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