
The billable hour belongs to a slower era, writes Monks’ Alex Oberberg
Business in the Middle East has always been personal. For decades, the foundation of every major deal from Dubai to Riyadh was a handshake – a long-term bond built on mutual respect. In this region, a partnership is only as strong as the relationship behind it.
However, as the region undergoes a historic transformation, we are beginning to see rigorous compliance and audit models that rival those any western market. Yet, this evolution has introduced an unintended side effect known as the trust paradox.
“While the region still values human
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