The National Center for Family Enterprises signed a memorandum of cooperation to conduct two statistical studies in the family business sector, as part of the center's efforts to provide sufficient information about the sector, support family business managements, and help them to raise their growth rates and increase their competitiveness by applying sustainability standards and building them based on clear information about the market and company trends.
Talal Al-Ajlan, CEO of the National Center for Family Enterprises, explained that the memorandum of understanding provides for the implementation of a study on the proportion of companies that commit to succession planning within the family owning the company, giving a broader picture of the size of the