KPMG Middle East Family Business Report 2026

Riyadh Daily reports that the survey of 135 senior family business leaders across the region[2] found that 84% expect to outperform their competitors over the next five to ten years.Economy Middle East reports that the findings come as family businesses account for an estimated 60 percent of GCC GDP[3].According to Business Today, the confidence is grounded in strategic clarity, with 85% reporting a defined growth strategy[1]. 34% of respondents[4] named it their biggest challenge through 2035, compared with 29% in the near term.According to Riyadh Daily, the report says that while 67% of family businesses are actively deploying AI, only 25% have established formal governance frameworks[2] to oversee it.Abdullah Akbar, Partner and Head of Private Enterprise at KPMG Middle East, told Economy Middle East that "Family-owned enterprises have driven regional economic growth for generations."[3]