Middle East family businesses should avoid the worst excesses of western businesses practices and remain committed to the communities they work in, according to a leading family business advocate and social entrepreneur.
Badr Jafar, managing director of the family-controlled Crescent Group, made his remarks at a regional meeting of the World Economic Forum in Jordan. Jafar, in a wide- ranging speech on the role of family businesses in the region, said community should be at the heart of the family business in the Middle East.
