Family businesses could benefit from investment from HNWIs
About four-fifths of Middle-Eastern businesses are seeking external finance, while three in five have previously offered equity in their business to external investors, according to a new KPMG International survey. The survey found that in Qatar, banks are willing to lend to family businesses; however, the report identifies that High Net Worth Individuals (HNWIs) are an untapped resource in the region. Survey results show that the top priorities of HNWIs and Family Owned Businesses align. However, it seems the biggest challenge to family businesses in the Middle East is the thorny issue of management interference. All Middle East respondents felt that HNWIs would get heavily involved in management decisions.
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