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June 13, 2017

While Saudi Arabian family businesses do not dominate the economy to the extent seen with family firms in some other Gulf states, they nevertheless play a crucial role in the country’s economy. But ties to the petroleum sector makes some of them vulnerable to oil price fluctuations, as recent events show. Daniel Bardsley takes a look

While Saudi Arabian family businesses do not dominate the economy to the extent seen with family firms in some other Gulf states, they nevertheless play a crucial role in the country’s economy. But ties to the petroleum sector makes some of them vulnerable to oil price fluctuations, as recent events show. Daniel Bardsley takes a look

July 13, 2009

Saudi Arabian banks are expected to report a drop in profits due to the huge debt of the region’s family-owned businesses.

Saudi Arabian banks are expected to report a drop in profits due to the huge debt of the region's family-owned businesses.
 

January 1, 2007

Governments in the Middle East have recently removed regulatory obstacles to stock exchange investment, creating a crucial opening for private equity in the region. Andy Rosenbaum looks at how family businesses in the region can benefit

Andy Rosenbaum is a freelance journalist based in the UK.

Governments in the Middle East have recently removed regulatory obstacles to stock exchange investment, creating a crucial opening for private equity in the region. Andy Rosenbaum looks at how family businesses in the region can benefit

January 1, 2007

After four years of economic expansion, the oil-rich states of the Gulf should continue their record run into the next decade. With a hospitable environment for business families and major investment opportunities, make a leap, says Andrea Chipman

Andrea Chipman is a freelance journalist based in the UK.

After four years of economic expansion, the oil-rich states of the Gulf should continue their record run into the next decade. With a hospitable environment for business families and major investment opportunities, make a leap, says Andrea Chipman

Buoyed by continued strong crude oil prices, Gulf Cooperation Council states have seen average growth rates of more than 6% a year since 2002, compared with average annual growth of 3.7% over the 1990s, according to a recent World Bank report.
 

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