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April 8, 2014

The sprawling, family-controlled conglomerates common in the Gulf Cooperation Council may not survive the next generational transfer if they don't refine their focus, according to a recent report.   

The sprawling, family-controlled conglomerates common in the Gulf Cooperation Council may not survive the next generational transfer if they don't refine their focus, according to a recent report.

Booz & Co, the management consulting division of international accountancy firm PWC, said slowing growth in the GCC as well as greater numbers of foreign companies operating in the region is another threat to the longevity of regional family firms.

May 24, 2013

Wealthy individuals in the Middle East prefer the privacy and trust of a single family office to the offerings of a multi-family office, new research from investment advisers Invesco has revealed.

Wealthy individuals in the Middle East prefer the privacy and trust of a single family office to the offerings of a multi-family office, new research from investment advisers Invesco has revealed.

As a result, the region’s SFOs dominate MFOs in popularity and the amount of assets under management.

April 23, 2013

The GCC might just have the highest concentration of family businesses in the world. 

Business means family business in the Gulf Cooperation Council – comprising the six states bordering the Persian Gulf, namely Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Among the best known are such firms as the Kanoo Group in Bahrain and the Al Masaood Group in the UAE. Many, such as Obeikan, the Al Khorayef Group and the Zamil Group, come from Saudi Arabia, which is by far the region’s most populous country.

March 8, 2013

Today is International Woman's Day and to celebrate CampdenFB is taking a look at the research released over the last year that shows the growing importance of women in family businesses and to the global economy as a whole.

Today is International Woman's Day and to celebrate CampdenFB is taking a look at the research released over the last year that shows the growing importance of women in family businesses and to the global economy as a whole.

April 26, 2012

Family businesses are big in the Middle East – various estimates say around 90% of all companies in the region are controlled by families. But its importance was further underscored this week with the launch of the Family Business Network GCC, the first of its kind in the area.

Family businesses are big in the Middle East – various estimates say around 90% of all companies in the region are controlled by families. But its importance was further underscored this week with the launch of the Family Business Network GCC, the first of its kind in the area.

Covering members of the Gulf Cooperation Council, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE, the network will be based in Dubai.

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