Facts About Franchising In The Middle East

The Middle East is considered one of the most promising and opportunistic international franchise markets

The Middle East is an amalgam of diverse demographic & commercial factors

The Middle East is one of the fastest growing markets in the world economy today

The Middle East is considered one of the most investor friendly regions

The Middle East enjoys support from Governments, with attractive free or flexible tax facilities

The Middle East region enjoys a world-class infrastructure

The Middle East is experiencing improved Intellectual Property Legislations

The Middle East has a high number of High Net-worth Individuals, with substantial liquidity

The Middle East has a young upwardly mobile consumer market, keen on leisure and consumer spending

The Middle East has a total population of approximately 297 million. The region's population growth rate is 3% to 5% per annum, which is one of the highest regional rates in the world

The Middle East markets are lucrative in terms of volume with a presence of more than 400,000 high net-worth individuals, each with liquid assets of more than $5 million to invest in new businesses. That means that more than 13% of the population are very rich and together have available funds of more than US$2 trillion

The Franchise industry in the Middle East is one of the hottest markets for franchising expansion and industry development

In the Middle East has more than 850 indigenous franchisors and master franchisees, with sales topping US$10 billion as at the end of 2006

In the Middle East, fast food and retail segments account for over 60% of the total market

The overall franchise industry in the Middle East is growing at an unsurpassed rate of 27% per annum

Among African countries, Egypt has the second highest number of national franchisors

Over the past decade, franchising in Egypt has marked a rapid growth, with a business-success rate of well over 85%