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In this paper, we have strived to present some of the insights of the CASE Compendium Project. Traditionally, the family business characteristics in the Middle Eastern region were more similar to those in the sub-Saharan African region. However, there has been increased salience of the need to secure external resources and to develop systems that allow the family businesses to be attractive partners for the multinational firms and that allow the family businesses to compete in a more global environment. The Middle Eastern family businesses have not discarded their contextual embeddedness in Islamic principles and tenets. Instead, new practices and systems are being evolved that are rooted in the Islamic ethic, similar to the growth of Islamic banking around the world. In the sub-Saharan Africa, the reliance on ubuntu appears to be still associated with limited profitability and growth of the local family businesses. A transformative change similar to that evidenced in the Middle Eastern region is yet to occur in the sub-Saharan region.
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