(MENAFN- Gulf Times) Qatar Chamber (QC) recently conducted a forum on the governance of family companies and the need to adopt a family constitution to govern the practices and transactions of the company. The forum was organised jointly with R?dl & Partner, Middle East office.
A number of local businessmen took part in the forum, which stressed the importance of family business in the region, and Qatar in particular, as it constitute a considerable portion of the country's private sector. QC vice-chairman Mohamed bin Ahmed bin Tuwar pointed out the need to devise and adopt a set of regulations to govern family business and protect them from the adverse consequences of market fluctuation and an potential conflict of personal interests.
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