02/07/2017
Dealing with the issues and news of family businesses at home and abroad.
Lately the 20th issue of the "Family", by
Asharqia Chamber periodically, is represented by the Media Department
to highlight the family business sector.
It discussed a number of issues related to the governance and
transformation of family businesses by highlighting the family business
forums such as the family business governance forum, which
was held at the Chamber and attended by a number of governance
experts in the region and recommended reducing the ownership of family
members in their companies to 35% As well as the Family Business Forum in Jeddah, which ended up with 12
reasons why family businesses delayed.
It also discussed the impact of the new corporate system on the
transformation of 3,000 individual institutions into companies until the
first quarter of 2017. It also revealed a new experience for a family
company that managed to continue until the fourth generation. , Which is Saad Eddin Al Buhsli Family Sweets, which is one of the
first family companies in the industry since 1860.
It also contained a dialogue with KPMG's Head of Mergers
and Acquisitions and Family Business Consultancy, Fouad Shobra, believing in the importance of family businesses in Saudi Arabia revisiting their
respective in plans line with the correcting phase of the Saudi
economy.
The bulletin covered important events related to governance and family
business interactions, highlighting the findings of the Orient Planet
Research Group, which concluded that family businesses in the Gulf Countries continue to make a strong and influential presence in the international economy.
