News and Events
The Business Family House Hosts 4th Workshop in the Next Generation Development Series: “Family Office Formation and Investing in Sports, Media, Entertainment, & Healthspan”
The Business Family House recently hosted the fourth workshop in its Next Generation Development Series, titled “Family Office Formation and Investing in Sports, Media, Entertainment, & Healthspan.” This event reflects the organization's ongoing commitment to empowering and supporting the NextGen. Held at the Four Seasons Riyadh on September 9, the workshop was organized in collaboration with The National Center for Family Business. The event featured insights from The Raine Group, a leading global bank specializing in technology, media, and telecommunications, offering expert knowledge on investment opportunities in these sectors.
A special highlight of the workshop was a fireside chat with Dr. Mahmoud Al Yamani, Head of Health, Wellbeing, and Biotech at NEOM, who provided visionary insights into the future of healthcare. Additionally, Boris Sofman, CEO of Agility Robotics, joined virtually from San Francisco to share groundbreaking insights into the future of artificial intelligence and robotics, adding to the enriching experience for all attendees.
The Business Family House Hosts 3rd Workshop in the Next Generation Development Series: “The Entrepreneurial Family Galaxy: Challenges and Best Practices for Transgenerational Prosperity”
The Business Family House recently hosted the third workshop in its Next Generation Development Series, titled “The Entrepreneurial Family Galaxy: Challenges and Best Practices for Transgenerational Prosperity.” This event underscores the organization's ongoing commitment to empowering and supporting the NextGen. The workshop took place on April 17 at the Asharqia Chamber in the Eastern Province, bringing together family business leaders and NextGen participants to explore strategies for achieving transgenerational prosperity. The session was led by Prof. Alfredo De Massis from IMD and Dr. Emanuela Rondi, who shared invaluable insights into fostering long-term success within family businesses. The event was proudly sponsored by Abduljawad Holding Co., KPMG Saudi Arabia, and the Asharqia Chamber, reinforcing the support for NextGen initiatives.
Workshop on “Conflict Resolution in Family Business” in collaboration with The Saudi Investment Bank and KPMG Saudi Arabia.
BFH had the pleasure of presenting a workshop on “Conflict Resolution in Family Business” in partnership with The Saudi Investment Bank and KPMG Saudi Arabia. The workshop, led by Dr. Hanoof Abokhodair and Dr. Dalal Alrubaishi, was organized in collaboration with The National Center for Family Business. The event took place at the Ritz-Carlton Hotel in Riyadh and brought together family business clients of KPMG and The Saudi Investment Bank.
Workshop on disputes in family businesses: a successful cooperation experience between the Business Family House, the Saudi Investment Bank, and KPMG Saudi Arabia.
BFH recently collaborated with The Saudi Investment Bank and KPMG Saudi Arabian for a workshop on "Conflict Resolution in Family Business." Dr. Hanoof Abokhodair and Dr. Dalal Alrubaishi shared insights from a KPMG-National Center for Family Businesses study which they led. Held at the Ritz-Carlton Hotel in Riyadh, the event brought together family business clients from KPMG and The Saudi Investment Bank. Kudos to our partners for a successful session!
The Business Family House hosted the second workshop in the Next Generation Development Series on "Succession and Communication in the Family Business," furthering their dedication to supporting the NextGen
The Business Family House successfully hosted the "Succession and Communication in the Family Business" workshop at Le Meridien in Riyadh on January 18, the second workshop of the NextGen Development Series. The workshop was conducted by the renowned expert, Christine Blondel from INSEAD, and brought together 27 Saudi family business members from different generations. The event kicked off with a Zoom pre-session on January 9 and included a social dinner at Santini Restaurant on January 17 for networking. The event was sponsored by SEDCO Holding, KPMG Saudi, AlKhorayef Group, and Nesam Holding. This initiative reflects The Business Family House's ongoing commitment to fostering the growth and sustainability of family enterprises in Saudi Arabia.
6th International Family Business Research Forum: A Conference of Insight and Expertise in Dubai/Sharjah
The business family house supported the organization of The 6th International Family Business Research Forume along with the American University of Sharjah, Sharjah Entrepreneurship Center (Sheraa), STEP Project Global Consortium (SPGC), Tharawat Family Business Forum, IPAG Business School. The forume took place in Dubai/Sharjah. Over three days, family members, policy makers, scholars, and practitioners engaged in insightful conversations and information exchange within the realm of family business. The event featured esteemed guest speakers and panel discussions, with notable figures including: HE Abdulla bin Touq Al Marri, Ministry of Economy Mishal Kanoo - Chairman, Kanoo Group Easa Al Gurg - CEO, Easa Saleh Al Gurg Group Najla Al-Midfa - CEO, Sheraa Mohamed Mazen Batterjee - Managing Director, Batterjee Pharma Rasheed Binzagr - Business Development Manager, Binzagr Group Haleema Al Owais - CEO, Sultan bin Ali Al Owais Real Estate Farida F. El Agamy - GM, Tharawat
BFH's Family Business Succession Planning Workshop with KPMG and The Saudi Investment Bank
BFH presented a workshop on “Family Business Succession Planning” hosted by The Saudi Investment Bank. This is the first in a series of events in collaboration with KPMG Saudi Arabian. In the workshop, Dr. Hanoof Abokhodair and Dr. Dalal Alrubaishi presented insights from a study conducted in collaboration between KPMG and The National Center for Family Businesses. The workshop was held in Four Seasons Hotel in Riyadh, and attended by family business clients from KPMG and The Saudi Investment Bank.
The Business Family House conducted the first workshop in the Next Generation Development Series
The Business Family House conducted the first Workshop in the Next Generation Development Series titled "Responsible Family Ownership". The workshop was delivered by Prof. Rodrigo Basco from the American University in Sharjah who holds the Sheikh Saoud bin Khalid bin Khalid Al-Qassimi Chair in Family Businessin. Dr. Qaisar Metawea, from Dr. Qaisar Hamed Metawea Law Firm, also delivered the legal aspect of family ownership. The workshop took place in Joudyan Hotel in Jeddah and was sponsored by SEDCO and KPMG.
This is the first workshop in the Next Generation Development Series that BFH is committed to deliver for next generation family members.
The Business Family House signs an MOU with KPMG Saudi Arabia
The Business Family House is proud to be partnering with KPMG Saudi Arabia in the family business space. Following the collaboration between the two organizations on publishing two research papers about succession planning and conflict resolution, this MoU aims to deliver selected initiatives to support business families in the region and contribute to the development of the family business ecosystem. The signing took place in the KPMG Jeddah office, which was attended by Mr. Ebrahim Baeshen representing KPMG and Dr. Hanoof Abokhodair, representing BFH.
Dr. Hanoof Abokhodair and Dr. Dalal Alrubaishi participate in Hourani & Partners Roundtable Series 2023 in Riyadh
Dr. Hanoof Abokhodair and Dr. Dalal Alrubaishi took part in The Hourani Roundtable Series 2023, which aims to advance the conversation and collaboration between the different professional advisors who support business families in the region. The first in the series, held by Chadi Hourani and Sunita Singh-Dalal at the Hyatt Regency Riyadh-Olaya, the roundtable discussion focused on Succession and Family Governance. The event was attended by several experts from different fields who have been working closely with families in the region.
The Business Family House conducts the third workshop on Empowering Women in Family Businesses at Riyadh Chamber
In addition to the Asharqia and Jeddah Chamber workshops, BFH conducted the third and last workshop on women empowerment in family businesses, which was organized and hosted by the Riyadh Chamber, in affiliation with the National Centre for Family Businesses, on March 20, 2023, in collaboration with the National Center for Family Businesses. The workshop's goal was to further examine the contributions and difficulties faced by women working in family businesses in various areas to develop comprehensive recommendations.
The Business Family House held the second day of its Annual Forum under the title “Fit for the Future”
BFH Annual Forum’s second day took place in Jeddah on January 17, 2023 in affiliation with the National Centre for Family Businesses (NCFB) with the title “Fit for the Future”. The event was a closed-circuit experts roundtable discussion joined Mr. Ghazi Abbar, Mr. Abdulaziz Alsubeaei, Mr. Khaled AlFahim, and Dr. Lama Alsulaiman, who shared their perspectives and experiences with their NextGens in the first part of the discussion. In the second part, our Affiliate Partners and collaborators focused on sharing the NextGens perspectives to bridge intergeneration communication and discuss ways for intergenerational collaboration towards a sustainable future.
The Business Family House held the first day of its Annual Forum under the title “Fit for the Future”
BFH Annual Forum’s first day took place in Jeddah on January 16, 2023 in affiliation with the National Centre for Family Businesses (NCFB) with the title “Fit for the Future”. The forum hosted NextGen family members, family Business leaders, and family business experts, in a day full with activities discussing family business sustainability and continuity, navigating through diverse challenges and potential solutions that family businesses may encounter.
The Business Family House conducts the 2nd workshop on Empowering Women in Family Businesses at the Jeddah Chamber
As a follow-up session to Asharqia Chamber workshop, BFH held another workshop titled: Empowering Women in Family Businesses on December 22, 2022 in collaboration with Jeddah Chamber and the National Centre for Family Business (NCFB). The aim of the workshop was to further explore contributions and challenges of women in family businesses, with the aim to come up with a consolidated recommendations together with a third workshop to be conducted in Riyadh.
Dr. Lama Alsulaiman and Dr. Hanoof Abokhodair, Partners at BFH, participate in a panel discussion on conflict resolution in family businesses at the 2nd National Conference for Family Business Sustainability
Dr. Lama Alsulaiman and Dr. Hanoof Abokhodair have joined a panel with Dr. Abdullah Al Alshaikh and Dr. Saleh Alamer at the 2nd National Conference for Family Business Sustainability in Dammam on December 13, 2022, to discuss the findings of the KPMG research on conflict resolution in Saudi family businesses. The discussion covered the best preventive measure for minimizing conflicts in business families as well as the role of arbitration and legal arrangements that could potentially address disputes.
Dr. Hanoof Abokhodair, Managing Partner at BFH, presents a study on conflict resolution in family businesses at the 2nd National Conference for Family Businesses Sustainability
Dr. Hanoof Abokhodair presented the KPMG study she has co-authored with Dr. Dalal Alrubaishi about conflict resolution in family businesses at the Asharqia Chamber's 2nd National Conference for Family Businesses Sustainability in Dammam on December 13, 2022. The study is sponsored by KPMG in collaboration with the National Centre for Family Business (NCFB). The study findings offer a thorough explanation of family business conflicts and shed light on possible ways to prevent conflict and address it when it arises.
Dr. Hanoof Abokhodair, Managing Partner at BFH, joins a panel on governance in family businesses at the 2nd National Conference for Family Businesses Sustainability
Dr. Hanoof Abokhodair have joined Mr. Adli Hamad, Mr. Bassam Aseeri, and Mr. Adib Rashid in a panel discussing governance of family businesses at the 2nd National Conference for Family Businesses Sustainability in Dammam, KSA on December 12, 2022. The discussion covered some of the important steps and processes to effective governance.
Dr. Hanoof Abokhodair, Managing Partner at BFH, participates in a panel discussion on empowering women in family businesses at the 7th Annual Women Economic Forum 2022 Asharqiya Chamber
Under the patronage of HRH Prince Saud bin Nayef bin AbdulAziz, Governor of the Eastern Province, the 7th Annual Women Economic Forum organized by Asharqiya Chamber was held. Dr. Hanoof Abokhodair have joined a panel in the forum along with Dr. Ayth AlMubarak, Mrs. Kholoud Dakhil, and Mrs. Sara AlMuhaidib in the 7th Annual Women Economic Forum 2022 Asharqiya Chamber. The event took place virtually on the 16th of November 2022. The discussion focused on empowering women as owners and leaders of family businesses and the role the National Centre of Family Businesses is playing to advance to role women play.
Dr Hanoof Abokhodair, Managing Partner at BFH, joins a panel on responsible leadership during times of transition at the FBCG Annual Summit
During the FBCG Annual summit in Dubai on the 19th and 20th of October 2022, Dr. Hanoof Abokhodair have joined Mr. Abdullah Alkhorayef, Mr. Sultan Olayan, Ms. Amira Sijwani, Ms. Dalal Almutlag, and Mr. Nawaf Alzayani in a panel about responsible leadership during times of transition. The discussion focused on the different transitions that business families go through during their journey across their lifecycle stages.
The Business Family House conducts a workshop on Empowering Women in Family Businesses at the Asharqiya Chamber
In cooperation with Asharqia Chamber and the National Centre for Family Business (NCFB), BFH conducted a workshop titled: Empowering Women in Family Businesses on October 13th, 2022. The workshop took place in Asharqia Chamber in Dammam with the participation of 35 women belonging to a number of prominent business families in the Eastern Region. The workshop's objective is to explore women participation in family businesses and the challenges they face, with the aim to come up with a set of recommendations to empower women and enhance their involvement in family businesses.
The Business Family House signs an MOU with Asharqiya Chamber
As an important milestone, the Business Family House have signed an MOU with Asharqia Chamber, Dammam on the 13th of October, 2022. BFH will share expertise in several initiatives to spread awareness about important topics for business families, conduct research and, deliver workshops which aim at increasing awareness and building capacity among business families and their next generation.
Dr. Hanoof Abokhodair, Managing Partner at BFH, discusses research on succession practices in Saudi family businesses at the KPMG MESAC Family Business Summit
At the KPMG Saudi Arabia MESAC Family Business Summit in Riyadh, Dr. Hanoof Abokhodair joined a panel with Mr. Saud Alsulaiman, Dr. Basma Alzamil, Ms. Kholoud Mousa, and Dr. Francesco Debellis where they discussed results of the KPMG research on succession practices in Saudi family businesses on the 11th of October 2022. The discussion covered the succession journey of the panellists and insights from professional advisors.
Dr. Hanoof Abokhodair and Dr. Dalal Alrubaishi, Partners at BFH, present a research paper at the KPMG MESAC Family Business Summit on succession practices in Saudi family businesses
Dr. Dalal Alrubaishi and Dr. Hanoof Abokhodair presented the KPMG research that they lead on succession planning in Saudi family businesses on October 11, 2022 at the KPMG Saudi Arabia MESAC Family Business Summit in Riyadh. They emphasized the significance of having fair selection procedures for the family business's next leader, avoiding parental favouritism in the process, and assuring perceived fairness among family heirs in ownership succession. This study is a collaboration between KPMG Saudi Arabia and The National Centre for Family Businesses.
Dr. Hanoof Abokhodair, Managing Partner at BFH, discusses the influence of the NextGen in family companies at the Power of Nextgen in Family Business panel
Pearl Initiative organized a panel discussion on the influence of the NextGen in family businesses in Jeddah on September 27, 2022, hosted by Nesma Holding. Dr. Hanoof Abokhodair represented BFH on the panel, which was moderated by Ms. Dina Sherif and included Ms. Dana Juffali, Ms. Basma Alzamil, and Ms. Buthainah Albaity, where they discussed the importance of the NextGens for the sustainability of family businesses.
Dr. Hanoof Abokhodair, Managing Partner at BFH, discusses best practices in setting the family business governance at FBCG Legal Roundtable event in Dubai
Mr. Walid Chiniara and Dr. Hanoof Abokhodair held a session at the Family Business Council Gulf (FBCG) Legal Roundtable in Dubai on the 8th of September 2022, where they have discussed best practices in setting family business governance and creating family constitutions and shared practical insights based on their vast experience in the area.
