Tuesday 19 August 2014

Limited growth opportunities for UAE family owned businesses | GulfNews.com

Limited growth opportunities for UAE family owned businesses | GulfNews.com:



"Family-owned businesses in the UAE are finding it harder to grow than they did in previous years.



“It’s very hard to grow now. You’re talking about a borderline mature economic set-up,” Abdullah Al Gurg, general manager of UAE-based conglomerate Easa Saleh Al Gurg (ESAG), told Gulf News in an interview on Monday.



Al Gurg said that the UAE market is established and there are limited opportunities for new product ranges to be brought into the country."



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