Next Generation Award
For launching an intrapreneurial or entrepreneurial venture in the GCC with proven or potential scalability, innovation and impact.
FAMILY BUSINESS COMMUNITY
FAMILY
BUSINESS
AWARDS
Honouring success across generations in the GCC
NominateNominations for 2027 are now open
ABOUT
The Family Business Awards is brought to you by the Family Business Community (FBC) to honor the success of family businesses in the GCC across generations.
Anyone is welcome to nominate or self-nominate for the categories.
The nominees must meet the following criteria:
- Part of a family-owned business
- At least second generation
- Headquartered in a GCC city
Winners will receive their award at the FBC Annual Summit and gala dinner alongside other benefits.
NominateAWARD CATEGORIES
Leadership Award
For family and non-family leaders with long-standing tenure and vital contributions to the success of the family business.
Succession Award
For the successful transfer of ownership and management from one generation to another and a family commitment to continuity of the family business.
Impact Award
For demonstrating sizeable, consistent and measurable impact on people, planet and prosperity.
Hall of Distinction
Celebrating the family businesses recognised across our award years.
2026
Winners
Winners
Succession
Alrajhi Holding Group
KSA
Leadership (Family)
Lulwa Al Soudairy
Mansour Al Mosaid Group, KSA
Leadership (Non-Family)
Dr. Fawaz Alawadhi
Alghanim Industries, Kuwait
Impact
Community Jameel
Joint Winner
Impact
Waqf Sulaiman Alrajhi
Joint Winner
Next Generation
Rize
Backed by SEEDRA Ventures (Al Muhaidib Family), KSA
Process
The evaluation process will take place over multiple stages, each involving rigorous evaluation
Call for nomination and qualification of entries
Nominations and entries are qualified to ensure they meet minimum eligibility criteria.
Confirmation of commitment
Qualified entries are contacted within 1–2 weeks and a shortlist of the top 10 entries is selected.
Finalist selection
The Award Jury reviews and evaluates the shortlist to select three finalists for each category.
Finalists Day
A meet and greet between the finalists and the Jury, at which the winners of the Impact and Leadership categories are chosen.
Next Generation pitch
The Next Generation finalists pitch to the Board, and the Board selects the winner.
Awards Ceremony
Winners announced at the Award gala dinner.
Jury 2026
Our esteemed panel of jury members are renowned for their exceptional knowledge and vision on family businesses.
1 / 2
ChairH.E. Nawaf Al Zayani
ChairRasha Al Darwish
Jury MemberRahma Al Barwani
Jury MemberDr. Basma Al Zamil
FBC Board
1 / 4
Emeritus ChairmanH.E. Abdul Aziz Al Ghurair
ChairmanHind Suhail Bahwan
Vice ChairmanHassan Jameel
Board MemberBader Nasser Al-Kharafi
Gala Award Host Family
Al Nowais Investments
Sponsors
Faqs
What is the deadline to submit?
The provisional entry deadline is December 2026. The exact date is to be confirmed.
How is my entry judged?
Nominations are shortlisted to the top 10 entries per category. The Jury selects the top 3 finalists using rigorous scoring requirements, then finalists present to the Jury.
May I submit several entries for one category?
Yes, you can submit multiple nominations. You can nominate the same person for different categories, or multiple people for the same category.
Can I change my written entry and or support material after I’ve submitted?
No. Unfortunately, you will not be allowed access to your entry once it has been submitted.
Can the nomination be anonymous?
Yes, you may submit a nomination anonymously if you wish.
What causes a submission to not be considered?
All nominations are qualified against the minimum entry criteria. FBC retains the right to remove or refuse an entry.
When are finalists announced?
The announcement date is to be confirmed. All successful finalists will also be notified via email.
What is the cost to enter?
Entry is free.
When are winners announced?
The presentation dinner and ceremony date is to be confirmed. Winners will be invited to attend.
What is the prize?
The awards are an opportunity to benchmark against peers and gain higher awareness of strengths and areas for improvement. Winners are invited to receive their award at the FBC Awards Ceremony and attend FBC’s member-only Annual Summit and gala dinner.
Who do I contact for entry inquiries?
Sara Mohammadi at +971 56 992 9855 or sara.mohammadi@fbc-gulf.org