Wednesday 30 July 2014
family businesses

IPOs may help revive Saudi stock market

After a stellar start to the year, Saudi Arabia's stock market has lost its momentum because of disappointing earnings at blue-chip companies. Now investors are hoping a spate of new listings of family-owned businesses will restore energy to


Bahrain SMEs 'playing vital growth role'

Small- and medium-sized businesses are economically more significant contributors to Bahrain's national economy than all the large manufacturing companies combined. That was the message from Industry and Commerce Minister Dr Hassan Fak


Pass on the mantle of leadership, says economist

Family-owned businesses in the Gulf are being advised to pass on the mantle of leadership to the more technologically-aware younger generation. They are better equipped to help their businesses survive during the current difficult economic


Family businesses face new challenges

A family-run business is a viable model for competing effectively in the global economy, but in today's turbulent times, such family businesses operating in the GCC face new challenges, according to a new study. These businesses f


Clear strategy 'must for family businesses'

Family businesses need to have a clearly defined strategic direction and plan that is communicated across the entire organisation, a study said. The 2008 Ernst & Young Middle East Family Business Survey was revealed at the Family Busin


Family businesses to boost UAE stock listings

Family businesses are set to boost the UAE stock listing, according to industry experts. While Western financial markets remain entangled in the sub-prime crisis and its economic fallout, the appetite for initial public offerings (IPOs) in

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