Fourth Family Business Conference

The participants of the fourth family businesses conference affirmed the importance of the resumption of the leading role and economical status for Aden city the economical capital of the Republic of Yemen by declaring aden as a free zone with special legislation and the participants recommended the government to return the nationalised property to the private sector in the city of Aden to strengthen the trust between the government and the private sector and encourage safe investment contributing in creating jobs and strengthening the developmental Yemeni work. Held by the Yemeni Business Club - Aden The Fourth conference of family businesses Saturday 27th 2014 The participants of the fourth family businesses conference affirmed the importance of the resumption of the leading role and economical status for Aden city the economical capital of the Republic of Yemen by declaring aden as a free zone with special legislation and the participants recommended the government to return the nationalised property to the private sector in the city of Aden to strengthen the trust between the government and the private sector and encourage safe investment contributing in creating jobs and strengthening the developmental Yemeni work. They emphaized the quickness of founding the economic council from the private sector not by less than 50% and the government to strengthen the real and effective partnership between the private sector of family businesses to contribute in strengthening the community development process....Urging the government to coordinate with the private sector to issue a law on family and contributing companies, as a result of its leading role in development and in order to ensure continuity and growth. As the participants affirmed on the importance of motivating the family businesses to take more care of the institutional work, teaching and qualifying next generations so they can manage the family businesses and the value and ethical system of the family businesses since childhood for all the family members and promote family cohesion and mutual understanding and directing the process of making future decisions in the family businesses to improve its performance. They also asked for encouragement of the family businesses founders to work in order to prepare the future generations and avoiding sowing conflicts and differences during their lifes and work on enabling their children on taking responsibilities in their presence. They asked for taking advantages from success stories and challenges that faced the Yemeni family businesses in order to strengthen their strong points and face challenges by preparing clear constitutions and transparent for all the family members throughout generations in order to be a reference for all in developing the work and resolving disputes. This was announced during the conference about establishing Aden foundation for human development with the support of the private sector in Aden and in the same context the Head of Yemeni Business Club Fathi Abdulwasie Hael asked the government to start a real partnership with the private sector that contributes in economical development for Aden and Yemen as a whole..... making sure on the importance of convening this conference in Aden because of its historical and economic role. Bahah: Aden is still giving lessons and assured the state/. Khaled Bahah the Prime Minister, that tomorrow will be better despite the challenges facing the country.....He announced in his speech on the declaration of the establishment of Aden Foundation for Human Development and it is the experience of Hadrmout which achieved successes on the economic, scientific and human level.... and Bazarah proposed the Yemeni Business Club to adopt this advertisement and configure for this institution while the Sheikh/ Abdullah Bukshan initiated to provide assistance for the success of the idea in terms of the success that institution has achieved in Hadrmout. The Prime Minister affirmed on the importance of working in order to restore the cultural and economical role of Aden. He also said; "it's time for everyone in the government, private sector and civil society institutions to work upon a common vision, In order to restore the role and prestige of the cultural city of Aden and it's vital function in the context of the career and global economy ". The Prime Minister pointed that convening the fourth conference of family businesses is in Aden..... proving that everyone is aware about the importance of Aden as the economic city, and a repository of diversity in the context of a united identity, the first school in national struggles, and it's source and warehouse. In addition, that Aden is still providing lessons on nationality meanings and the real meaning of the Yemen that's embracing it's sons and achieving under it the real meaning of citizenship, and partnership.

The businessmen, the owners of houses, companies, institutions, academic and various means of media, all of whom were on a date on Saturday to attend the fourth conference of family businesses Aden which was held at the conference hall (( Coral-Khormaksar))..... and oversees his presence and the opening of his work the engineer Khaled Bahah Prime Minister and a number of Ministers and local officials in Aden, led by the neo-conservative Dr. Saleh Abdulaziz Habtour. Speakers at the conference reviewed in their word on the interventions commercially leading role of Aden which formed commercial empires and worked in major international trading companies and made it famous all over the world at that time. Speakers at the fourth conference for high companies affirmed that Aden was overall a warm clasp for all people of all races, customs and so deserved the (Kuzmobolitah), vital population and cultural diversity, which lived in its dependents humans that belong to multiple cultures and religions. Reportage and experience Fourth conference, which was opened by the Head of the Business Yemeni Club Fathi Abdulwasie Hael and lasted for six continous hours, presenting in it a reportage on Aden the Cradle of Trading, families commercial companies the first two sessions held were ventilated (Family business in Aden....history and balance of experience) and the second one (Family businesses, reality and a forward look to the future) and was ably moderated by Ahmed Abubakr Bazarah, as Ali Hassan Baharoon talked in the first session about Alekhwans commercial company experience and at the forefront the first airline national company (Pascoe) and what damage happened to it and to Baharoon's family because of the insurance law and cofiscation, which it's repercussions are still until today on many if those whom this law caught. The researcher Bilal Ghanem Hussain has addressed in his speech (Aden the Cradle of commerce)the highlights that Aden presented to the world through its port and strategic location......then stopped at the very beginning of the founding of the Adenic Chamber of Commerce and the most famous Adenic business families and institutional business empires are in it, and confirmed his speech with figures and images and distributed on the attendees a book he prepared, entitled "Aden....The Cradle of Family Business which counts to be for the author and researcher Bilal a good addition in the documentation of the history of the city Aden. Jony Bis apologises However, Ahmed Amin Qassim Sultan, the son of Sheikh Amin Qassim Sultan has reviewed his father's experience in industry and commerce, while Amin Ahmed Qassim handled the empire experience of Tony Bis business and passed the apology for his absence to the audience for health and security reasons.....He got a huge applause when he asked in front of the Prime Minister Bahah for "real partnership in decision making and implementation" and not a media promotion partnership. Deposits with trillions, in the second session Khaled Abdulwahed talked about the future vision of family business while Dr. Najat Jumaan dealt with the topic role of companies in the implementation of the team of sustainable development outputs and she did a good job in presenting the whole picture of the companies role, while Dr. Dawood Abdulmalik Alhaddabi presented the internal challenges family businesses face and gave examples for these challenges which attracted audience and made them interact with his intervention in extensive discussion He also announced that he assorted the safari business man as a model to talk about his experience and his father's, which was launched from Aden.....and said clearly in front the Prime Minister Bahah open the way for companies establishment and make rules to protect it and the country will prosper with lowest costs.....adding to his speech banks are abounding with deposits estimated with trillions which can be useful in establishing those companies.