Middle East family businesses navigate growth and risk

Middle East family businesses navigate growth and risk

family business

Dr Rebecca Gooch,  global head of insights at Deloitte Private, presents findings highlighting Middle East family businesses resilience, growth ambitions and evolving strategic priorities.

Regional landscape

Middle East hosts approximately 528 large family businesses, reflecting a growing presence within the global family business ecosystem. Moreover, projections suggest regional family businesses will expand steadily, driven by diversification reforms and increasing private sector participation across Gulf economies.

Revenue growth outlook

Family businesses in the Middle East are projected to reach 607 billion dollars in revenue by 2030, reflecting growth. The region recorded 10 percent revenue growth in 2024, positioning Middle East family enterprises among the fastest expanding globally.

Key risks and challenges

Economic uncertainty remains a critical concern, with 69 percent of businesses identifying it as a major risk impacting investment decisions. Furthermore, 73 percent of respondents highlight geopolitical tensions as a key factor contributing to volatility and influencing long term business planning. In addition, 70 percent of family businesses warn that tariffs could negatively impact operations, profitability and cross border expansion strategies across markets.

Cybersecurity and talent pressures

69 percent of businesses consider cyber threats a major external risk, prompting increased investment in digital security frameworks. In response, 42 percent are upgrading cybersecurity capabilities, while strengthening governance to protect data assets and ensure operational continuity effectively. Furthermore, 64 percent of businesses report difficulties attracting and retaining talent, driving adoption of flexible work models and competitive incentives

Strategic growth drivers

40 percent of family businesses are investing in technology, including artificial intelligence, to enhance efficiency, reduce costs and support scalable growth. Additionally, Middle East family businesses operate across an average of 4 countries, indicating regional expansion rather than concentration in specific named markets

Expansion and ownership trends

Looking ahead, 28 percent of businesses plan to expand within the Middle East, reinforcing confidence in regional opportunities and economic transformation initiatives. 26 percent are considering external investment, signaling evolving ownership structures driven by generational transitions and long term capital strategies.

Middle East family businesses show resilience, however, sustained growth will depend on managing risks, embracing innovation and strengthening governance framework long-term.

For the full report, click here  

Dr Rebecca Gooch, Deloitte Private Global Head of Insights,

Dr Rebecca Gooch,
Gobal head of insights
Deloitte Private
@deloittemiddleeast

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