MANAMA: Family businesses in Bahrain, Saudi Arabia and the rest of the Arab world will benefit from the upcoming Arab-German Family Business Summit. The summit, which takes place at the Ritz-Carlton Hotel in Manama from Oct. 30 to Nov. 1, will provide a rare opportunity to learn more about European family business models, according to a senior official at the Economic Development Board (EDB). “Over 90 percent of businesses in Bahrain are family businesses and the summit will bring together the family businesses and entrepreneurs,” said Sheikh Mohammed bin Essa Al-Khalifa, chief executive of the EDB.
“The forthcoming Arab-German Family Business Summit will offer unique opportunities for Middle East businesses to network with German family companies and hear the latest international thinking on family business management,” Sheikh Mohammed told the pre-summit press conference on Sunday.
The Arab-German Family Business Summit in Bahrain offers unique opportunity to share the latest international trends in family business management.
Organized by the International Institute for Family Enterprises (IIFE), in close cooperation with the Bahrain EDB, the event will be attended by over 200 representatives from German and Arab family-owned companies.
The summit will focus on how to address the challenges that confront family businesses in the current era. Leading discussions in workshops and roundtables will be business leaders from the Middle East and Germany, as well as academics from institutions including Harvard Business School, Princeton University, The Wharton School, Yale University, Cairo University and Witten/Herdecke University, which is host to IIFE.
