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Family business management in focus

Bahrain Business
Sun, 05 Nov 2017

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.

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