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Article: The Middle East: An Opportunistic Region for Instrument Companies.(Statistical Data Included)
- Article from:
- Instrument Business Outlook
- Article date:
- October 31, 2000
CopyrightCOPYRIGHT 2000 Strategic Directions International Inc. (SDI). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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They call it the Middle East risk premium. That's the term financial analysts have coined to quantify the tension between the potential for business success and failure in the world's most volatile area.
Recent conflict in the region has caused the Middle East risk premium to increase sharply. For analytical instrument and life sciences companies interested in tapping the Middle Eastern market, this area of the world continues to be a source of both hope and frustration.
There is much good news for instrument companies coming out of the Middle East. The World Bank reports that average annual GNP growth throughout the Middle East and North Africa ...