Family-owned businesses make up over 80% of the private sector in the Middle East and North Africa and their sustainability is crucial for the regional economies. Young family business members from across the MENA region gathered in Dubai to attend Tharawat Family Business Forum’s 3rd annual Arabian NextGen conference. With this year’s theme focusing on ‘From Idea to Market’ the next generation of family business leaders were shown how to turn a business idea into market success, and understand the entrepreneurial journey by learning from case studies and research.
It is interesting how entrepreneurial education is being pushed to young members of family businesses with the hope that teaching people how to be an entrepreneur will facilitate the growth of start-ups and small businesses in Africa and the Middle East.