Proposed legislation aims to improve governance and smooth inheritance transitions at family-run Gulf companies
….”There is much that is positive about this prospective law. However, the details need to be fleshed out further once it is officially released,” said Omar Alghanim, chair of the Family Business Council Gulf. “Successful family businesses thrive across generations, so any law that can support families to manage their generational transfer is welcomed. Many disputes within families arguably could be resolved by this.”….
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