Fast Company Middle East: Anshu Vats Explains How SMEs Are Key To Middle East Economic Growth

The increasing economic contribution of small and medium enterprises in the Middle East presents many opportunities for economic growth in the region. Healthy entrepreneurial ecosystems, regulatory changes to boost SMEs, and employment generation are large factors contributing to the development and expansion of the Middle East, allowing it to be seen as an ideal location to build and sustain a successful business.

Anshu Vats, Oliver Wyman Partner and Global Lead of Public Sector and Policy Practice, shares his views with Fast Company Middle East on how legal, regulatory, and financial changes are encouraging sustainability in the Middle East and fostering a larger and transparent economy. “We are starting from a less mature base but rapidly catching up with the developed economies,” says Vats.

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