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Middle East family businesses

May 29, 2013

Middle East family businesses should avoid the worst excesses of western businesses practices and remain committed to the communities they work in, according to a leading family business advocate and social entrepreneur.

Middle East family businesses should avoid the worst excesses of western businesses practices and remain committed to the communities they work in, according to a leading family business advocate and social entrepreneur.

Badr Jafar, managing director of the family-controlled Crescent Group, made his remarks at a regional meeting of the World Economic Forum in Jordan. Jafar, in a wide- ranging speech on the role of family businesses in the region, said community should be at the heart of the family business in the Middle East.

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