Riyadh-Mubasher: Family investments in Saudi companies were estimated by experts at 10% of the kingdom's total GDP and 40% of non-oil GDP, AlJazirah newspaper reported.
Grahame Nelson, head of KSA office at Al Tamimi & Company, said the kingdom accounts for 48% of the family companies' investments in the Middle East.
He added that the family companies outperform their non-family peers as they have more advantages such as implementing long-term investments and paying more attention to non-financial goals as well as cooperating with support companies.
