Thursday 12 March 2009

Gulf firms get ready to explore changing world


Professor Witold J Henisz, The Wharton School; Rami Makhzoumi, President and CEO, Future Pipe Industries; Tarek Sultan, Chairman and Managing Director, Agility Logistics; Sami Baroum, Managing Director, Savola Group; and Mohammed Alshaya, Executive Chairman, M H Alshaya Co, at the first-ever Wharton Global Alumni Forum being held in the Middle East in Dubai. (LOAY ABU HAYKEL)
Gulf-based businesses are preparing for the new economic order by leveraging on the new growth opportunities presented by the current global financial crisis.

Long-term growth measures include acquiring assets, recruiting fresh talent and training them and exploring non-traditional growth markets with a focus "more volume, less value" deals.

This was the unanimous conclusion of a panel of GCC-based business leaders at the first-ever Wharton Global Alumni Forum being held in the Middle East in Dubai.

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