90% of the companies in the Middle East are family-owned
Shahir A. Batterjee, Managing Director of Batterjee & Bros. Co. talks about doing business in Saudi Arabia and family business.
Batterjee: one of the largest families in Saudi Arabia
Shahir A. Batterjee, Managing Director of Batterjee & Bros. Co. talks about doing the company, strategy and vision. Batterjee family is one of the largest families in Saudi Arabia.
Allocations for health and social affairs spending grew by 48 percent compared to the 2014 budget to reach $42.7 billion (SR160 billion) in the 2015 budget.
It’s very clear that the family business in Saudi Arabia is dominant in general for the economy. The future of the family business has to be improved and developed to meet the challenges, which is technology and many other things.