Palestine Stock Exchange and Family Business Club Discuss Enhancing the Sustainability of Companies and Supporting Their Presence in the National Economy

SadaNews Economy - The Palestine Stock Exchange and the Family Business Club held a joint meeting today to discuss ways to support the sustainability of family businesses and enhance their role in a more organized and effective manner within the Palestinian economic system.

Both sides emphasized the importance of family businesses as a cornerstone of the national economy, as they constitute approximately 95% of the total Palestinian economic system, necessitating intensified efforts to protect them and enhance their capacity to continue and grow.

The meeting addressed the subsequent steps to strengthen cooperation with member companies in the club, focusing on the significance of listing in the financial market as a strategic option that contributes to protecting family businesses from failure or extinction over time, and enhances their opportunities for sustainability and growth in the long term.

Both parties stressed the need to continue coordination and joint work to provide a supportive environment that contributes to developing the performance of family businesses and solidifying their vital role in supporting the Palestinian economy and achieving sustainable development.