In the GCC, perhaps more than anywhere else world-wide, family businesses are all around us. From small and medium sized enterprises (SMEs), to renowned multinational corporations – family owned and managed companies in all guises form the backbone of the region’s economy.
In this report – the GCC Family Business Survey 2017 – we heard from senior members of family businesses in the six GCC countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE) about how confident they are in the future of their organizations, the challenges they face and the mechanisms they have in place to support sustainable growth.
From May to November 2017, 42 family business leaders completed the survey (largely during face-to-face interviews with KPMG member firms’ specialist family business professionals), helping us to create this snapshot of the trends and issues currently affecting the industry.
© 2019 KPMG Lower Gulf Limited, registered in the UAE and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in the United Arab Emirates. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International.