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Middle East

The world is not enough

March 1, 2008

It’s been just over 50 years since Elia Nuqul and his sons built up the Jordanian powerhouse Nuqul Group – not bad for an enterprising patriarch whose trade booty once comprised humble consignments of chewing gum and shoe polish

Scott McCulloch is Editor of Families in Business magazine.

It's been just over 50 years since Elia Nuqul and his sons built up the Jordanian powerhouse Nuqul Group – not bad for an enterprising patriarch whose trade booty once comprised humble consignments of chewing gum and shoe polish

UAE relaxes IPO rules for family businesses

November 2, 2007

A new law could see a wave of family business IPOs in the UAE, but analysts and legal experts say the change is also an incremental step toward a much needed modernisation of the region’s business climate. Andrea Chipman reports …

Andrea Chipman is a freelance journalist based in the UK.

A recent change in the law on IPOs in the UAE could provide a much-needed catalyst to open up local family businesses to foreign shareholders and more broadly increase liquidity in Gulf equity markets.

In rude health

January 1, 2006

Mazen Darwazah, of Hikma Pharmaceuticals, tells Melanie Stern about being the first company from Jordan to achieve a full listing on the London Stock Exchange, and looks back at the family’s three decades of hard work and transition

Melanie Stern is section editor of Families in Business.

Palestinian icon

January 1, 2006

Scott Mcculloch is editor of Families in Business.

Rising oil prices and a construction boom aren't the only reasons CCC Group's balance sheets are shaping up nicely. Scott McCulloch discovers how a committed loyalty to an expanding workforce and a strong international network are driving the business forward

Middle East – moving into the fast lane

January 1, 2006

Ahead of our Middle East Families in Business conference on 6th April we ask whether family business in the Middle East must reform if they are to survive in a global economy. Leading business figures in the region think so. By Scott McCulloch

Scott Mcculloch is editor of Families in Business.

Rags to riches to...?

January 1, 2006

The Builder family is a large clan that is well-known in the Middle East as successful experts in resort development and management. The patriarch of the family, Ahmet Builder, is a classic example of a 'self-made' man. He began life as a labourer, rose to a high level of responsibility in the labour unions, and eventually started his own manufacturing company. In the past 10 years the company has been aggressively developing hotels and resort communities.

Rich private market

September 1, 2005

The Middle East is a burgeoning market and there are many wealthy families needing specialist financial services. Philippe Jouard describes the challenges facing the private banking sector in meeting the cultural and financial demands of this clientele

Philippe Jouard is head of private banking at Dexia

Jack and the peace dividend

March 1, 2004

Spot an opportunity and see it through could be the Khayyat family motto. But ‘one door closes and another one opens’ seems more apt for the canny family behind Meatco, Jordan’s masters of survival and economic opportunism

Scott McCulloch is Editor of Families in Business magazine.

Spot an opportunity and see it through could be the Khayyat family motto. But 'one door closes and another one opens' seems more apt for the canny family behind Meatco, Jordan's masters of survival and economic opportunism

Eastern promise? Inward investment and the Middle East

March 1, 2004

Family businesses in the Middle East generate billions of dollars in revenue. But times are changing and the political and economic outlook is a mixed bag for some 20 countries associated with the region. Membership in the World Trade Organisation, say commentators, will have a profound affect on family businesses.

Scott McCulloch is Editor of Families in Business magazine.

Family businesses in the Middle East generate billions of dollars in revenue. But times are changing and the political and economic outlook is a mixed bag for some 20
countries associated with the region. Membership in the World Trade Organisation, say commentators, will have a profound affect on family businesses.

“Wealth that provides no social benefit is void”

March 1, 2004

Corporate social responsibility sounds cool, but seems a contradiction in terms in an ever-aggressive global business landscape. But it is part of the business remit for Bahrain’sKanoo Group of companies

Melanie Stern is Section Editor of Families in Business magazine.