Bomb to Business

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Assassins, bombs and conflicts are the ABC of the Middle East for many foreigners. The Middle East was almost reported as the hell. Entrepreneurs however consider such emerging market as the heaven of money.

Microsoft Corp is one of treasure hunters. This largest software manufacturer foresaw strong double digit growth in revenues of the Middle East over the next three to five years and was planning to hire more staff in the future. In this oil-rich area, Bill Gates has found something which is more valuable than petroleum.

The treasure of the Middle East is not only occupied the tycoon. More treasure can be found in the Middle East than just the luxury of Dubai and the oil of Saudi. Turkey, Kuwait, Pakistan and even Israel are comparatively peaceful enough for business development. Low labour cost and rich natural resource are two main advantages of the region. Hong Kong, for example, imported more than HKD 4 billion of material from Pakistan in 2004, around 20% increase than that in 2003.

High risk, high return; high return, high risk. The unstable politics of the region is still mortal wound to capital inflow and security of profit. It is expected that ongoing Middle East Peace Process and Bush's Iraq intervention have relieved the danger at the current moment.

Oil was found under the desert in the last century. And Always Business Chance, another ABC, is being unveiled on the desert.

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