FBN GCC Membership - FBN - Family Business Network GCC

Membership Overview
FBN GCC members are well-established and influential companies in the GCC. By joining
FBN GCC, all members are automatically a member of FBN-International. The Board
decides on the membership application of new members. Membership is made in the name
of a principal applicant, actively involved in the management of the family business, along
with four additional family members. Additional family members can attend FBN GCC
programs at event cost.
Membership Criteria
We welcome family businesses who share all the following criteria:






Family has reached the second generation in terms of ownership and management
Family has a controlling ownership interest in the firm
Firm has a distinctive and respected position in their industry
Family business has established a governance and succession mechanism
Firm has commenced professionalization and regional or international expansion
An annual turnover of USD$ 500 million (For Founder category only)
Note: In the case of a listed company, the family business possesses 25% of the right to
vote through their share capital and there is at least one family member on the board of
the company
Membership Contribution
The annual membership contribution for the various categories are as follows:

Founder USD$ 20,000 for one term of 12 months and applicable to five family
members of the family business

Fellow USD$ 10,000 for one term of 12 months and applicable to two family
members of the family business, and encourage one of the two to be from the next
generation (below under the age of 39 years old)

NexGen USD$ 1,000 for one term of 12 months and applicable to one family
member under the age of 39 years old
Membership Process
The membership process with FBN GCC consists of the following:





Complete and Submit Membership Application Form
Board Review of Membership Application
Formal FBN GCC Response (Approve or Decline)
Complete Membership Payment
Official Welcome Letter and New Member Pack
Page 1 of 3
Membership Benefits
 Global Database | Access to a global network and membership directory of over 6,200
family business members
 Research Resources | Access to FBN Xchange, an on-line resource library of case
studies, articles, and presentations to help deepen your knowledge on family business
issues
 Member-only Events | Invitation to member-only events FBN International Summit,
NxG Summit and FBN GCC regional forums, roundtables and workshops
 Next Generation Development | International internships in over 100 companies to
help prepare the next-generation members (18 – 39 years old) in our network
 Peer Learning and Networking | Opportunities to expand outlook by sharing
experiences, issues and best practices with like-minded peers
 Capacity Building and Social Impact | Understand socioeconomic impact of family
businesses, obtain valuable insights for policy stakeholders and collaborate on high
impact social initiatives
FBN GCC Code of Conduct
FBN members worldwide subscribe to a universal code of conduct to ensure a supportive
and safe environment for business families within our network.

Trust and Openness | The network is founded on the principles of open
communication and trust

Participation | Active participation by members is the vital ingredient that makes the
network valuable

Confidentiality | Members are committed to sharing experiences and insights in an
atmosphere of confidentiality

Respect and Professionalism | Discussions and debates are conducted in a respectful
and professional manner

Non-solicitation |The network is not a platform to market products or services. It is a
forum to learn from the exchange of ideas and experience
Page 2 of 3
Membership Applicant Information
Family Business Name
Year Founded
Active Generation
Annual Turnover
Number of Employees
Industry / Business Sector(s)
Geographic Coverage
Website
Are you a Publicly Traded company?
If yes, do you own 25% or more in share capital?
Applicant Name
Applicant Title
Applicant Generation Cycle
Phone
Email
Assistant Name and Email
Mailing Address
How many members would you like to register?
Please provide their names, designation, role in family business, and email address
Date____________ Name________________________ Signature__________________
I hereby agree to the membership criteria, benefits, financial contribution and code of
conduct in this membership application.
Please submit your application via e-mail to membership@fbngcc.org, fax: +971 4 383 3501
or by mail to Gate Village 10, 8th Floor, PO Box 214432, Dubai, United Arab Emirates. Your
application will be submitted to the Board of Directors for review and approval.
Page 3 of 3