Transformation of family business in Saudi Arabia
Mohammed Moumena, managing director of Edward W Kelley & Partners talks about transformation of family business in Saudi Arabia.
Family Business in Saudi Arabia: Role Model for Corporate Governance
Anees Ahmed Moumina, CEO of SEDCO Holding talks about the family business in Saudi Arabia and corporate governance.
“Beit Binzagr”: Evolution of Family Business in Saudi Arabia
The term we use is “Beit Binzagr” as opposed to Binzagr Group. “Beit Binzagr” is a house, in Jeddah that means a trading house. A number of other merchant families would also refer to themselves as “Beits”.
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Tamer Group Discusses Pharmaceutical Industry, Economy and Doing Business
In addition, according to Ninth Development Plan by Ministry of Economic & Planning, increasing life expectancy (74 years) which is leading to an ageing population in need for specific and costly health services (> 60 years are growing from 4% to 7% in 2020).
Saudi Arabia’s Largest Family Companies
Marcopolis.net has compiled the ranking of the top family holdings in Saudi Arabia. View the list of the largest conglomerates in the country. The largest family owned conglomerates are Bin Laden Group, Savola Group and Saudi Oger.
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Doing Business in Saudi Arabia: Security is Number One Challenge
What is interesting about doing business in Saudi Arabia is the continuous growth pattern in the economy; that’s what makes it interesting, not only in the short-term, but in the long-term. Saudi Arabia’s economic growth is driven by its demographics: we are a young and growing population, a big and spacious country (around the size of Western Europe), and relatively undeveloped in many infrastructure areas.
Leading Clothing Brand for Men in Saudi Arabia: Richy
“Richy is one of the best brands because we do not compete with our products but with our services. We have tried to make Richy a luxury brand. We are not just selling a piece of fabric because anybody can do that,” explains Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate.
Al Ajlan Allied Group: Textile Trading and Real Estate
“Al Ajlan Allied Group is divided into two sectors, trading and real estate. Our business is shared equally between trading and real estate,” says Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate.
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Al Saedan Real Estate – The Real Estate Leader Building on a Kingdom’s Vision
According to Citigroup (Middle East), approximately 60 percent of all real estate projects worth 3.5 trillion dollars underway or in the pipeline in the Middle East are located in Saudi Arabia and the United Arab Emirates.
Al Saedan Real Estate: Leading the Real Estate Market Maintaining Top Position
Al Saedan Real Estate is one of the leading real-estate companies in Saudi Arabia. The company has a strong expertise in master-plan developments, land development, building commercial and residential centers, selling and buying local and international real estates, providing consultation in real estates, and providing valuation and estimation services. Al Saedan is an international real estate company with projects in Saudi Arabia, Tunisia and the United Kingdom.