Changing Face of Family Business in the Gulf

 More than 80 per cent of businesses in the Middle East are family-run or family-owned, with an estimated $1 trillion expected to be handed down to the next generation within the upcoming five to ten years, and with family businesses controlling over 90 per cent of commercial activity in the region, as opposed to 65 to 80 per cent in other parts of the world, the dynamic and effect of their progression and 
development is huge.