Succession plans changing for growing family businesses

Succession plans changing for growing family businesses

The dramatic economic development of the UAE over the last few decades is leading to a new challenge for local businesses when it comes to succession.

That’s the view of His Excellency Abdulaziz Abdulla Al Ghurair, the founder and chairman of Mashreq Bank and the Chairman of the Gulf Family Business Council.

He explained to ARN News how the significant growth experienced by family businesses in the Emirates is changing their succession plans:

      

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