Family-owned businesses remain the backbone of Arab economies, contributing nearly 75% of the region’s economy, while playing a vital role in employment, investment and sustainable development, speakers said at the fourth Private Sector Social Responsibility and Its Role in Sustainable Development Conference hosted by Qatar Chamber.
The two-day conference brought together government officials, business leaders and regional organisations to discuss how family enterprises can integrate sustainability and corporate social responsibility (CSR) into their long-term business strategies. This year’s theme focused on “Mechanisms for Integrating Sustainability and Social Responsibility Principles in Arab Family Businesses.”
Family businesses must balance growth with sustainability
Opening the conference, Sheikh Khalifa bin Jassim Al Thani, Chairman of Qatar Chamber, said social responsibility has evolved from a voluntary initiative into a strategic business priority.
“The private sector is a key partner in achieving sustainable development,” Sheikh Khalifa said. “Family businesses must balance economic growth, social responsibility and long-term sustainability to ensure continuity across generations.”
He added that governance, transparency, innovation and investment in future leaders are essential for family businesses seeking long-term resilience in a rapidly changing business environment.
Governance and innovation key to business continuity
Speaking at the event, HE Dr Hamad bin Abdulaziz Al Kuwari, Minister of State and International Ambassador for Social Responsibility, said sustainability should form the foundation of family-owned enterprises.
He noted that strong governance, transparent business practices, investment in human capital and innovation will help family businesses remain competitive while supporting national development goals.
Moreover, he said social responsibility has become an integral part of corporate governance rather than a standalone corporate initiative.
Family enterprises remain central to the Arab economy
Dr Khaled Hanafy, Secretary-General of the Union of Arab Chambers, highlighted the economic significance of family businesses across the region.
“Family businesses account for nearly 75% of the Arab economy,” he said, adding that these enterprises continue to drive employment, investment and economic stability.
Similarly, Dr Hashim Sulaiman Hussein, Head of UNIDO’s Investment and Technology Promotion Office in Bahrain, described family businesses as a cornerstone of regional industrial development and economic resilience.
Meanwhile, Prof Yousef Abdul Ghaffar, Chairman of the Regional Network for Corporate Social Responsibility, said sustainability is no longer optional for family-owned enterprises.
“Integrating sustainability into corporate strategy ensures continuity and enhances competitiveness both regionally and globally,” he said.
Conference focuses on governance and best practices
The opening day featured panel discussions on governance frameworks, corporate social responsibility and best practices for family-owned businesses.
Experts from Qatar, Saudi Arabia, Lebanon and regional organisations discussed governance models, environmental responsibility, charitable initiatives and institutional frameworks that can strengthen the long-term sustainability of family enterprises.
Qatar Chamber said hosting the conference reflects its commitment to promoting responsible business practices while supporting family businesses as key contributors to economic growth and sustainable development across the Arab world.
