NYU Abu Dhabi and Tharawat Family Business Forum sign a Memorandum of Understanding

On 8 April 2017, The Tharawat Family Business Forum and NYU Abu Dhabi (NYUAD) have signed a Memorandum of Understanding (MoU) to collaborate on a pilot project about Family Business Histories and their impact on economic growth and social change in the MENA region.

Mr. Essa Al Ghurair, Chairman of the Tharawat Family Business Forum and Robert Young, Dean of Arts and Humanities from NYUAD signed the MoU in the presence of several representatives from both organizations, as well as special guests.

The MoU provides a formal framework for the project that Tharawat and NYUAD will collectively undertake. The interdisciplinary project, which will bring together scholars from the Humanities and Social Sciences, will entail the compilation, documentation and analysis of the history of selected regional family businesses with the intention to better understand past challenges and decision-making, as well as commercial legacies.

This understanding will not only offer significant insights into historical transformations of business cultures and socio-economic environments in the MENA region but also help family businesses address current and future challenges.