Dubai has launched a new guidebook aimed at strengthening the long-term success and sustainability of family businesses, a sector considered critical to the emirate’s economic future.
Developed through a partnership between the Dubai Department of Economy and Tourism and the Dubai Centre for Family Businesses, the guidebook outlines practical strategies for protecting wealth, navigating succession, and driving growth across generations. It was unveiled during the first session of the centre’s ‘Knowledge Series’ initiative at Dubai Chambers’ headquarters.
Titled Family Businesses in the Emirate of Dubai: A Guidebook, the resource provides detailed insights into governance structures, leadership planning, digital transformation, real estate ownership, taxation, and the legal framework for registering family enterprises in Dubai. It also addresses conflict resolution, philanthropy, and government support programs.
The launch event featured panel discussions focused on preserving legacy and fostering innovation, while highlighting key components of the UAE Family Business Law.
Sahia Ahmad, CEO of Regulatory Policy and Governance at the Department of Economy and Tourism, said family businesses are integral to Dubai’s D33 economic agenda, which targets doubling the emirate’s economy by 2033. She emphasized the guidebook as part of a broader strategy to enhance Dubai’s global competitiveness through policy support and strategic collaboration.
Khalid AlJarwan, Vice President at Dubai Chambers, described the initiative as a step toward promoting best practices in governance and performance across family-run firms.
The guidebook is expected to play a vital role in equipping family enterprises with the tools and knowledge needed to thrive in a rapidly evolving business landscape.
News Source: Emirates News Agency
