In a major initiative to strengthen the future of family-owned enterprises, the Dubai Department of Economy and Tourism (DET), in partnership with the Dubai Centre for Family Businesses under Dubai Chambers, has officially launched a comprehensive guide titled Family Businesses in the Emirate of Dubai: A Guidebook. Unveiled during the opening session of the Centre’s Knowledge Series held at Dubai Chambers’ headquarters, the guide serves as a practical resource for sustaining and growing family-run companies across generations. The guidebook is designed to enhance governance, ensure legal continuity, and protect the wealth of family businesses in the emirate. It offers structured support to help families maintain control while preparing for future expansion and leadership succession.
Why Family Businesses Matter in Dubai?
Family businesses form the backbone of Dubai’s private sector, contributing significantly to employment, local investments, and long-term market resilience. Recognizing their crucial role, the Dubai government is taking proactive steps to ensure these enterprises are well-equipped to thrive under evolving economic conditions.