The Legacy Family Business Forum 2025 will take place in Bahrain on Wednesday, April 23. His Excellency Mr. Abdullah bin Adel Fakhro, Minister of Industry and Commerce, will inaugurate the event. The forum will focus on the theme “Sustaining Legacy: Creating a Balance between Tradition and Innovation.” This theme emphasizes the unique nature of giant family businesses and their role in modern economies.
The forum serves as a critical platform for family business owners, industry leaders, and decision-makers. It encourages them to exchange valuable insights and best practices. It also focuses on how family businesses can transform and grow, especially during periods of change. The platform is essential for ensuring the sustainability and stability of these businesses across generations. Family businesses contribute to approximately 90% of the private sector in the Middle East and North Africa (MENA) region. They also account for more than 30% of the national product in these countries, highlighting their importance to regional economies.
The second edition of this forum will explore the challenges and opportunities that multi-generational family businesses face today. It will particularly emphasize corporate sustainability through innovation. Key topics will include succession planning, corporate governance, and leadership development. One unique feature of the forum is its focus on creating dialogue between the founding generation and the next generation of family business leaders.
This year, the Legacy Family Business Forum will feature speakers from various family businesses. These speakers represent both the founding and next generations. The event will spark meaningful conversations between them about the future of their businesses. It will also examine how innovation and sustainability affect business longevity. The Bahrain Legacy Forum has become a regular, key platform for leaders, decision-makers, and senior family business members to share insights and strategies.
Expressions Media organizes the forum with support from the Ministry of Industry and Commerce, Bahrain Bourse, and the National Center for Family Business from Saudi Arabia. These organizations play a vital role in ensuring the event’s success and impact.
The Legacy Family Business Forum 2025 will be a crucial event for those invested in the future of family-run enterprises in the region. With its focus on innovation and intergenerational collaboration, this year’s edition promises to offer valuable insights into sustainable business practices and the transformation of family businesses.