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Cadillac to sponsor MEED Family Business Conference 2004
- United Arab Emirates: Monday, December 06 - 2004 at 15:56
- PRESS RELEASE
Cadillac has announced that it is sponsoring this week's 2nd annual Middle East Family Business Conference to be held at Mina A'Salam in Dubai on the 7th and 8th of December, organized by the Middle East Economic Digest, one of the region's leading magazines.
"Around 95% of businesses in the Middle East are family-run - they form the backbone of the regional private sector," said Fadi Ghosn, Regional Marketing Manager for Premium Brands, General Motors. "Cadillac has been an iconic symbol of prosperity and leadership in the Gulf for over 40 years now. Given our long association with the leading families and businesses of the region, we feel that it is very important to be involved this forum."
"We are very pleased to take part in this conference - coming from a family business background myself, I feel this is especially relevant," said Khalid Mannai, Chairman of Mannai Corporation and Cadillac retailer. "The conference will endeavour to examine the best practices for developing an effective business strategy and dealing with internal and external pressures affecting everyday family-run business."
This year's programme will provide family leaders with proven solutions and deliver applicable tactics for successfully navigating the difficulties encountered when combining family with business.
Attendees of the two day conference will learn from the experiences of Khalid Mannai, Abdullah Almajdouie, president of the Almajdouie Group of Saudi Arabia, Osama Al-Zamil, general manager for business development at the Zamil Group, Tony Jashanmal, managing partner of Jashanmal National Company and Mohammed Galadari, chairman of Galadari Brothers.
MEED's 2nd Middle East Family Business conference is also sponsored by HSBC Private Bank and Global Investment House. The MEED 2nd Middle East Conference on Family Business is being held on 7th & 8th December, 2004 at Mina A'Salam in Dubai, UAE.
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About CadillacCadillac is the luxury vehicle division of General Motors Corporation. It was founded in 1902. The Cadillac brand has been an iconic presence in the Middle East region for over 40 years. Cadillac is currently undergoing a worldwide brand rebirth, investing US$4 billion in a designer-led renaissance to unveil a new line-up of products that embody luxury, performance and quality.
This investment is paying off - global sales and market share in recent years have made consistently gains. Cadillac today produces the XLR convertible luxury roadster, the SRX midsize luxury utility, the CTS entry-level luxury sedan, the DeVille luxury full-size sedan and the world's most powerful line-up of SUVs, the Escalade, Escalade ESV and Escalade EXT. The newest member of the Cadillac family, the STS luxury sedan, is set to arrive in the Middle East in late 2004.
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Posted by Christine H. Andersen, Assistant News Editor
