Thursday 28 March 2024
 
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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

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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

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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

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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

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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

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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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