Participants at the Family Business Council Majlis in Bahrain.
Under the patronage of Prince Salman bin Hamad Al Khalifa, Crown Prince of Bahrain, the Family Business Council – Gulf (FBCG), the regional association of Family Network International (FBN), conducted its Majlis discussion for prominent business leaders in the GCC region.
The Family Business Council Majlis receptions are held regularly as part of on-going activities aimed at discussing family business best practices and fostering collaboration between family businesses in the GCC. On the side-lines of the event, AbdulAziz Abdullah Al Ghurair, chairman of Family Business Council, said: “Family businesses contribute about two thirds of GCC GDP, in addition to their roles in bringing in long-term economic stability. At the Family Business Council we address key topics related to the continuity of GCC family businesses; we discuss best practices and learning from other GCC family business stories.”
The Bahrain Majlis was hosted by one of FBCG’s founding members in Bahrain, Al Zayani Family; and was endorsed by the Bahrain government.
Zayed Rashid Al Zayani, Minister of Industry, Commerce and Tourism in Bahrain, said: “Family businesses in the Kingdom of Bahrain supplement the government’s role in the development of the national economy and in enhancing capabilities, and creating jobs for citizens."