- H.E. Mohammad Ali Rashed Lootah: “Family businesses remain a vital engine of growth, diversification, and innovation within Dubai’s economy. Supporting their success is key to enhancing the emirate’s competitiveness and driving sustainable growth.”
- Current-State Assessment & Constitution Review: Offers a comprehensive review of a family business’s governance framework, aligned with regulations and global benchmarks.
- Family Constitution Drafting: Supports families in establishing clear governance principles, decision-making structures, and succession plans.
- Family Office Blueprint: Introduces the concept and structure of a Family Office to support wealth management and generational planning.
Operating under Dubai Chambers, the Dubai Centre for Family Businesses has unveiled three bespoke advisory services designed to foster sustainability, resilience, and continuity within family-owned enterprises. These services aim to reinforce governance frameworks, positioning businesses to navigate future challenges and seize strategic opportunities in Dubai’s evolving economy.
This latest initiative reflects the centre’s mission to protect and advance the interests of family businesses in line with Dubai’s long-term development goals. By building institutional strength, enhancing operational alignment, and cultivating leadership talent, the centre aims to bolster the competitiveness and continuity of this vital sector.
H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “Family businesses remain a vital engine of growth, diversification, and innovation within Dubai’s economy. Ensuring their continued success is essential to enhancing the emirate’s competitiveness and driving sustainable long-term growth. The Dubai Centre for Family Businesses is committed to empowering these companies to navigate economic developments and embrace global best practices, which contributes towards strengthening the local private sector and reinforcing Dubai’s position as a global hub for trade and investment.”
The Current-State Assessment & Family Constitution Review offers a structured evaluation of governance practices within family businesses. Using the centre’s automated Family Business Governance Assessment Tool, businesses receive a detailed review of existing governance documents and practices benchmarked against regulatory frameworks and international standards. Interviews with key family members and business leaders help identify weaknesses and produce clear, actionable recommendations to enhance governance maturity.
The Family Constitution Drafting service assists families in developing a strategic document that captures governance principles, succession planning, and collective values. Through structured workshops and consultations, this service guides families in defining decision-making rules, eligibility criteria, and roles—promoting unity, preventing future conflicts, and embedding institutional governance.
The Family Office Blueprint is designed to assist families in establishing a private Family Office. Through targeted workshops, the centre explains the role and objectives of a Family Office, explores the types of services it may offer—from investment management to legacy planning—and identifies the skill sets required to manage such a structure effectively.
