Arab family businesses urged to merge.Byline: Manama Manama Arabic Al-Manamah City (pop., 2001: 143,035), capital of Bahrain. Situated at the northeastern tip of Bahrain island, it is Bahrain's largest city, with about one-fifth of the emirate's population. Arab family businesses should look to merge some of their divisions with other international family businesses if they want to go truly global. This was the message from a prestigious conference, opened by Industry and Commerce Minister Dr Hassan Hassan (häsän`), d. 1894, sultan of Morocco (1873–94). He brought the weak and disorganized country firmly under his control and held in check attempts by European powers at domination. Fakhro Fakhro or Al Fakhro (فخرو in Arabic} is the family name of an Arab business family located in Bahrain, Qatar, and Saudi Arabia. The Al Darwish الدرويش , Al Obaidan yesterday. The two-day Arab-German Family Business Summit 2009 opened at the Ritz-Carlton Bahrain Hotel and Spa. Dr Fakhro pledged Bahrain's continued support for family businesses. A number of programmes to support them have been mapped out in co-operation with Tamkeen and Bahrain Development Bank, he said. Kanoo Group Managing Director and Bahrain Family Business chairman Khalid Kanoo said, 'As major employers, investors and developers, family businesses are responsible for an entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. spirit which has produced substantial long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. growth.'- TradeArabia News Service Copyright 2008 www.tradearabia.com Copyright 2009 Al Hilal Publishing & Marketing Group Provided by Syndigate.info an Albawaba.com company |
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