MANAMA: The Bahrain Family Business Association (BFBA) is organising a seminar on Professionalism and the exit of partners and inheritance in family businesses.
To be held today from 8pm at the K Hotel, Juffair, the seminar will be conducted by Alexander Antoine Nemeh, who in his own words is “a businessman by profession, social innovator by calling and a creator by passion.”
“I have accumulated various business skills within my 10-plus years of tenure in customer service management where client care has evolved from a science into art,” said Mr Nehmeh.
“Added to my deeply computer-rooted background and achievements, I played a decisive factor in turning traditional businesses into centres of technological innovation and fulfilling their full potential by turning cost-centre IT departments into profit-centres.”
Bahrain Family Business Association chairman Khalid Kanoo has invited family business owners, businesswomen and those interested in family business to attend the meeting.
“Family businesses and fast-growing entrepreneurial ventures stand to benefit greatly from Mr Nemeh’s experience and insights in managing a family business and deciding on exit strategies or succession planning,” he said.
Family businesses remain a significant contributor to Arab economies.
According to recent studies, family businesses account for about 85pc of the Arab World’s non-oil GDP.
In Bahrain, this category constitutes around 95pc of all private sector businesses.