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Family Business Ecosystems in MENA: Building Resilience Through Governance, Education, and Collaboration

Family businesses are the backbone of economic and social development across the Middle East and North Africa (MENA) region. From generating employment to fostering social stability and long-term value creation, these enterprises play a pivotal role in shaping regional economies. Yet, their sustainability depends on a complex ecosystem of governance structures, regulatory frameworks, institutional support, […]

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Family Businesses as Change Agents in Africa: Building Legacies that Last

In a world that often celebrates startups and corporate giants as the main engines of growth, family businesses in Africa are quietly, and powerfully, shaping the region’s path toward sustainable development. At the MENA Family Business Research Conference, the conversation around “Family Businesses as Change Agents in Africa” shed light on a truth that often

Studying family business histories helps understand their struggles
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Studying family business histories helps understand their struggles

Family businesses are a driving force of many economies around the world. Some of these businesses have a rich, multi-generational legacy that comes with their names. However, the histories of family businesses is a topic left largely unexplored by both academic circles and business communities, which is why the collaboration between Tharawat Family Business Forum,

Generations
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Generations, challenges, and love: family businesses over the years

“Once you leave the office, you disconnect so you don’t bring business to home. We’ve learned to separate between work and family life when we sit together as family every week,” says Mohamed El Nasharty, export manager of Al Manar Group, a well-endowed family-run business that has worked in the manufacturing and bottling of automotive

Al Manar Group unlocks the secrets of a successful family business
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Al Manar Group unlocks the secrets of a successful family business

Of all models of business organizations, family businesses remain an emblematic example, insofar that their sustainability is unguaranteed. Business history is full of abundant epic stories of the rise and fall of many successful businesses that had been founded by family members. From internal conflicts, clash of egos, hidden agendas to centralized and/or hierarchal management

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