Regional business leaders and international experts will lead the fourth annual Middle East Families in Business Conference to address issues crucial to the success and smooth-running of the many family-owned businesses through a combination of lectures, workshops and consultations with professional family business advisors.
The event - which is by invitation only and held in a closed environment to preserve confidentiality - is to be held from March 3 - 4 at the Ritz-Carlton Bahrain Hotel & Spa and is supported by the Bahrain Financial Services Board (part of the Economic Development Board) and the Bahrain Family Business Association.
Management of family businesses presents particular challenges - how to ensure the health and longevity of the business, the provision of adequate succession policies, the development of a robust inheritance and wealth management plan as well as the decision on whether or not to outsource the management function.
All of these key topics, and more, will be discussed fully and frankly by a broad range of speakers during the two-day event, chaired by prominent local businessman Khalid Kanoo, group managing director of Yusuf bin Ahmed Kanoo.