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PEX announces launching the preparations for the fifth annual forum of the Palestinian Capital Market entitled: “Family businesses ... present alternations for future fortification”

2011-10-16

The CEO of Palestine Stock Exchange Mr. Ahmed Aweidah announced the launch of preparations for the fifth annual forum of the Palestinian Capital Market under the auspices of the Prime Minister Dr. Salam Fayyad, and for the fifth consecutive year. Aweida praised the efforts of the Prime Minister for his continuing commitment to provide the requirements of economic and investment environment that is conducive to business growth and development of free and viable Palestinian economy. In a statement, Aweidah referred that the Forum this year will be held on Monday, 21/11/2011 in the city of Ramallah, entitled: "Family businesses  ... present alternations for future fortification ", which will discuss one of the most important pillars of the Palestinian economy by presenting the reality and challenges of family businesses in Palestine and over viewing the prospects for the development and sustainability of these companies drawing on the regional and international experiences, pointing out that most of the establishments in the country are family-owned businesses affecting the economy, noting that the internal and external challenges and global crises and the need for the development of management systems, governance and accountability impose additional challenges to ensure the continuity of these companies and enhance their role in the face of these challenges and take advantage of investment opportunities in light of market openness.