Despite instability in certain parts of the region, the Middle East has emerged as an attractive market for foreign investment.’ This comes at an opportune time for many Middle Eastern countries that are seeking to diversify away from the oil industry and state owned enterprises. Further, the prevalence of young, educated Middle Easterners represents a ready supply of labor for companies seeking to open subsidiaries or branches in the region. Given these assets, many foreign companies are looking at investing in the Middle East as a way to diversify their portfolio and hopefully capture a piece of the market before it explodes.
Lee A. Patterson III,
Outsourcing of Legal Services: A Brief Survey of the Practice and the Minimal Impact of Protectionist Legislation,
Rich. J. Global L. & Bus.
Available at: http://scholarship.richmond.edu/global/vol7/iss2/7