The Gulf Family Business Forum (GFBF2014) is to convene here tomorrow, December 15, Kuna reported.
The forum, under the theme of "The Backbone of a Sustainable Economy" will tackle the role of family businesses in developing their countries' economy, how their effectiveness and efficiency can be improved, how they can implement modern management practices, and how they can compete in regional and international markets, head of the organizing committee, Yousef Al-Marzouq told the press Sunday.
GFBF is an important event because family businesses play a significant role in the economy of GCC and other mid-eastern countries, he said.
The forum will bring under its roof Arab economic and trade senior officials, family business owners and managers, experts in the economy, trade, and corporate business, corporate lawyers and legal consultants as well as shareholders and investors, consultants, research and development managers, human resources managers, bankers and managers of financial institutions, he added.
Some of the topics that will be discussed in the forum are: recurrent challenges to family businesses, surviving economic crises, socio-economic values of family businesses, laws and regulations on shares and employment and career development, he pointed out.