Panelists exchanging ideas during the high-level seminar titled ‘Sustainability in Single Family Offices’ held at the Ministry’s headquarters in Lusail, recently.
Doha: The Ministry of Commerce and Industry (MoCI) organised a high-level seminar titled ‘Sustainability in Single Family Offices (SFOs)’, at the Ministry’s headquarters in Lusail.
The event was attended by Ayed Manahi Al-Qahtani, Assistant Undersecretary for Trade Affairs, and brought together representatives of top family enterprises, entrepreneurs, legal and accounting firms, and members of the Qatar Association of Certified Public Accountants.
The event is part of the Ministry’s broader efforts to enhance the national business and investment climate. By promoting the sustainability and long-term growth of commercial enterprises, the Ministry aims to enhance investor confidence, strengthen public-private collaboration, and advance the goals of Qatar National Vision 2030.
The seminar highlighted the vital role of family businesses in national economy.
It reviewed the current landscape of family enterprises registered with the Ministry and explored mechanisms for establishing new family businesses.
Participants examined the advantages and challenges facing family businesses, with a focus on enabling their evolution into joint-stock companies with longer-term continuity prospects.
During the event, the Ministry showcased a set of services tailored for family businesses in their transformation journey, including advisory service for transforming family businesses into joint-stock companies and potentially listing them on Qatar Stock Exchange—contributing to the deepening of national capital markets.
The seminar also discussed the strategic challenges faced by family businesses, the importance of effective succession planning, and the need for institutional governance structures to safeguard legacy and ensure operational resilience.
The seminar covered regional case studies in the areas of family enterprises.
At the conclusion, the speakers underscored the importance of sustaining dialogue and collaborative action to elevate the performance of family businesses and expand their contribution to the development of national economy.
