In an effort to uncover the latest trends and best practices in family business governance, Asharqia Chamber in cooperation with the Institute of Directors in the GCC countries will hold Forum on Corporate Governance in Family Businesses under the title "Latest Trends and Best Practices" under the patronage of the Minister of Commerce and Investment, Dr. Majid Al-Qasabi, at the headquarter of the Chamber on Wednesday, April 10 from 9am to 3pm.
The Chairman of the Board of Asharqia Chamber, Abdul Hakim bin Hamad Al-Ammar Al-Khalidi, said that this year's Forum will highlight the latest trends and best practices in family business governance and the services provided by the National Center for Family Establishments and the Ministry of Commerce's guide for family businesses, the legal and family aspects and the family charter and plan succession of generations and other topics related to the continuity and sustainability of family businesses, as well as the results of the PwC survey on family businesses in the Middle East and the world.
Al-Khalidi pointed out that the Forum comes at a time when the government is making great efforts and decisions in order to strengthen the continuity of family business.
He pointed to the large area occupied by family businesses in the national economy, both in terms of production or operation.
There are ambitious expectations that, with the launch of Vision 2030, family businesses will reach a wider prospect in the national economy.
Al-Khalidi said that the meeting of the year is an update to the previous years, whether on the transformation and the governance of family businesses.
He pointed out that it is a message that the Chamber is keen to direct to businessmen from family business owners the importance of applying the rules and procedures of good governance, in addition to identifying the views of experts from home and abroad regarding the application of governance procedures and succession of generations.
Al-Khalidi explained that the Forum, through hosting many experts in the fields of corporate governance and family businesses, is trying to discuss a list of issues and challenges facing the continuity of family business by focusing on a number of topics that are seen as obstacles to family businesses accompanied by a set of treatments.
He called on the different business owners to attend and benefit from existing experiences.
