The long-term survival and governance of family businesses has been placed at the absolute top of the Bahrain Chamber’s (BCCI) current economic agenda, a top official has revealed.
The initiative comes at a critical juncture for regional economies, with market data underlining that family-controlled enterprises form the bedrock of the Arabian Gulf’s non-oil economy, accounting for roughly 60 per cent of the Gulf Co-operation Council’s (GCC) Gross Domestic Product (GDP) and providing up to 70 per cent of private sector employment .
