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December 19, 2017

When your country is only 45 years old, it makes sense many businesses based there are young too. So succession is an issue which plays on the minds of many family business heads in the United Arab Emirates, as they enter the throes of the first generational transition. James Beech and Alexandra Newlove report

When your country is only 45 years old, it makes sense many businesses based there are young too. So succession is an issue which plays on the minds of many family business heads in the United Arab Emirates, as they enter the throes of the first generational transition. James Beech and Alexandra Newlove report

November 23, 2017

This has been the debate here—how to convince elder patriarchs that succession planning will fit with their life and afterlife. When they reach their 70s or 80s, they are preoccupied with facing God, not legacy, and so this region is at risk of losing big businesses.

The Arabian Gulf as we know it did not exist more than 50 years ago, as far as world maps were concerned, and while the region emerged in wealth due to oil and gold, the wealth was concentrated in tribal families.

June 28, 2017

Japanese airbag maker Takata files for bankruptcy; Dubai to launch first Crowd Endowment Park in the world; Natwest introduces new Family Business Entrepreneur of the Year award.

Japanese airbag maker Takata files for bankruptcy; Dubai to launch first Crowd Endowment Park in the world; Natwest introduces new Family Business Entrepreneur of the Year award

Faulty airbag-maker files for bankruptcy

An airbag company made famous for all the wrong reasons has filed for bankruptcy in Japan and the United States.

August 20, 2013

In a rare interview, CampdenFB talks to Mishal Kanoo, deputy chairman of one of the Middle East’s top family businesses, the Kanoo Group.

Family life is extremely private in the Gulf. In a way, it is not surprising that people who dress so conservatively, with women shrouded in black and men cloaked in white, should be so guarded in showing a public face. In the same way, family businesses in the Gulf Cooperation Council, which make up the vast majority of the successful corporations there, are curiously reluctant to share their successes with the press. For this reason, the willingness of Mishal Kanoo, deputy chairman of the GCC-based Kanoo Group, to speak to CampdenFB, is all the more remarkable.

March 4, 2010

Clean technology has met with a mixed reaction from family offices to date, but is the tide now turning with many looking to diversify their portfolios?

Cleantech has been hailed the saving grace in the financial Armageddon of late. Once synonymous with visions of melting polar caps, today this sector is generating a buzz for all the right reasons, writes Fiona Bond.

November 30, 2009

The latest hiatus in the world’s financial markets brought about by Dubai’s current debt crisis is clearly a concern to family investors in the region, but it should be viewed as good news, the CEO of a leading family office in Abu Dhabi exclusively told www.campdenFB.com.

The latest hiatus in the world's financial markets brought about by Dubai's current debt crisis is clearly a concern to family investors in the region, but it should be viewed as good news, the CEO of a leading family office in Abu Dhabi exclusively told www.campdenFB.com.

"It should be a catalyst for change in the right direction," he said. "This crisis will underline the importance of good planning, solid corporate governance frameworks and transparency."

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.
 

January 1, 2006

Dubai’s Al-Ghurair family is one of several groups feverishly constructing a commercial powerhouse for United Arab Emirates – and building a competitive future for both the Emirati and the economy as a whole. By Melanie Stern

Melanie Stern is section editor of Families in Business.

Dubai's Al-Ghurair family is one of several groups feverishly constructing a commercial powerhouse for United Arab Emirates – and building a competitive future for both the Emirati and the economy as a whole. By Melanie Stern

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