H.H. Sheikh Mohammed establishes Family Business Centre

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A brand new entity has been established in Dubai with the intention of driving the expansion of household companies within the emirate.

In his capability 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 likely be arrange as a part of the Dubai Chambers’ organisational construction.

It will assist create an intensive and easy authorized framework to handle the possession and governance of household companies.

The Decree outlines the Centre’s duties and tasks, which embrace providing household companies technical and administrative help, guaranteeing their sustainability and orderly generational succession, and offering inventive options to extend prospects for his or her progress.

Government companies within the emirate and others are urged to completely collaborate with the Centre and supply all mandatory help enabling it to hold out its duties.