Doing business in Saudi Arabia. The Basics.
In this episode of Start Global Insights about Saudi Arabia, Dmytro Shvets meets Konstantin Gridin, a partner at CFC Big Ideas with over two decades of experience in international business consultancy.
Konstantin shares tips and tricks from his extensive work in the Kingdom of Saudi Arabia.
Highlights from the episode:
- Insights into Saudi Arabia's unique business culture.
- Essential advice on selecting the right local agents and distributors, avoiding common pitfalls, and the importance of managing these relationships effectively.
- The evolving role of women in Saudi business, the recent societal changes, and how foreign women can navigate the business landscape.
- The effectiveness of trade shows and exhibitions in Saudi Arabia, and strategies for successful participation.
- Understanding the digital transformation of business relationships, reducing the need for prolonged social interactions, and leveraging online profiles for trust-building.
- Tips for successful negotiations in Saudi Arabia, including the importance of patience, cultural sensitivity, and the subtle art of interpreting non-direct communication.
- The impact of religion on daily life and business, and the importance of respecting local customs and traditions.
For anyone considering expanding their business into Saudi Arabia or simply curious about the market dynamics of this fascinating country, this episode is a must-listen. Tune in for a comprehensive guide to navigating the Saudi business environment with finesse and cultural understanding.
Speakers LinkedIn Profiles:
Host, Dmytro Shvets https://www.linkedin.com/in/dshvets/
Guest, Konstantin Gridin https://www.linkedin.com/in/konstantingridin/
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Speakers LinkedIn Profiles:
Guest, Kostyantyn Gridin https://www.linkedin.com/in/kostyantyn-gridin
Host, Dmytro Shvets https://www.linkedin.com/in/dshvets/
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