The first appearance of family companies took place in the sixties and seventies of the last century, during the era of political stability in the Kingdom of Saudi Arabia with King Abdulaziz Al Saud assuming the reins of power.
Read MoreFamily businesses are considered one of the most important economic entities that are established in the Kingdom of Saudi Arabia, as they help the family entity to exercise the supervisory, administrative and financial role for family projects, and although family businesses are the oldest and most widespread model in the world, they are characterized by a wide spread in the Kingdom of Saudi Arabia It is one of the best pillars of the economy in the Kingdom
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