A new entity has been established in Dubai with the aim of driving the growth of family businesses in the emirate.
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has issued a decree establishing the Family Business Centre.
The Centre will be set up as part of the Dubai Chambers' organisational structure.
It will help create a thorough and simple legal framework to manage the ownership and governance of family businesses.
The Decree outlines the Centre's duties and responsibilities, which include offering family businesses technical and administrative support, ensuring their sustainability and orderly generational succession, and providing creative solutions to increase prospects for their growth.
Government agencies in the emirate and others are urged to fully collaborate with the Centre and provide all necessary support enabling it to carry out its tasks.
Air Canada cabin staff go on strike, grounding hundreds of flights
Dubai's GDP grows 4% in Q1, touching AED 119.7 billion
Salik posts AED 1.53 billion revenue in H1
US, China extend tariff truce by 90 days, staving off surge in duties
Abu Dhabi Airports record passenger traffic growth in H1 2025
