Riyadh, Saudi Arabia. Credit: wajdram/Adobe StockLaw Firms Benefit From Rise of Family Conglomerate IPOs in Middle East countries
As third and fourth generations take over, businesses are finding it difficult to manage the complexities of family transition without legal advisers.
January 23, 2025 at 11:29 AM
5 minute read
Within the six nations which make up the Gulf Cooperation Council economic union, family businesses have made an immense contribution to the private sector’s success.
As many regional family conglomerates move into the hands of the third or even fourth generation, the question of how to enable a smooth transition is becoming increasingly vital.
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