 |
Family firms facing major challengesGCC family businesses lack succession planning, sound corporate governance and transparency making them vulnerable to global headwinds, a leading expert has said. However, KPMG in Bahrain partner Harish Gopinath feels regional fam More… |
|
Family firms facing major challengesGCC family businesses lack succession planning, sound corporate governance and transparency making them vulnerable to global headwinds, a leading expert has said. However, KPMG in Bahrain partner Harish Gopinath feels regional fam More… |
 |
Family firms key to growth against oil price slumpFamily firms in Bahrain are expected to be the driving force behind the country's economy in the wake of the recent oil price slump, a report said. A research report by Oxford Strategic Consulting (OSC) has found that family f More… |
 |
Family firms ‘key driver of GCC growth’Family firms, which represent around 75 per cent of the private sector economy in GCC, outperform non-family firms by 15 per cent, and their continued success is a vital contributor to overall GCC growth, a report said. Family fir More… |
 |
5,000 family firms in ME; assets total $600bnAround 5,000 medium to large family firms exist in the Middle East, with net assets totalling $600 billion and constituting 75 per cent of the private sector economy, said a report. These firms also employ 70 per cent of the labour force i More… |
 |
GCC family firms' listing urgedGCC equity markets need more reforms and consolidation to encourage family firms to list on the stock exchanges and drive higher volumes of merger and acquisition activity, top regional banking executives said. The bankers gathered in Duba More… |
 |
$500bn family firms' network soughtFamily businesses can play a vital role in boosting Bahrain's economic and commercial growth, an official said yesterday. They share assets exceeding $500 billion with 5,000 families regionally, revealed Bahrain Chamber of Commerce and Ind More… |
