Latest news with #DubaiCentreforFamilyBusinesses
Mid East Info
15-05-2025
- Business
- Mid East Info
Dubai Centre for Family Businesses explores ways to promote sustainable intergenerational growth for family-owned companies
Dubai, UAE – The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, today hosted the latest event in its 'Governance Series.' The session showcased a successful global case study and focused on advancing sustainable growth across generations in family businesses, with 35 representatives from Dubai-based family enterprises in attendance. The session explored practical strategies for succession planning and enhancing the engagement of next-generation leadership within family businesses. It featured a panel discussion with three executives from Greiner AG, a global company specialising in packaging solutions, biotechnology, pharmaceutical diagnostics, and foam production. Founded by the Greiner family in Austria in 1868, the company has successfully operated and expanded across five generations in over 31 countries. The discussion addressed the strategies implemented by Greiner AG to develop its governance structures and ensure effective succession planning. The session also featured presentations from three senior members of Greiner AG's leadership team: Hannes Moser, Chief Financial Officer and member of the board of directors; Christoph Greiner, a board member since 2015 and member of the family council since 2010; and Dominik Greiner, a member of the board since 2020 and family council member since 2015. The speakers shared in-depth insights into best practices for developing family business governance and securing long-term success. The Governance Series forms part of Dubai Centre for Family Businesses' ongoing efforts to support family enterprises. It features a range of educational seminars addressing critical topics such as legal frameworks and governance structures, which are fundamental to effective succession planning, long-term business success, and regulatory compliance. The series enables participants to benefit from the experiences of other family businesses and strengthen their own organisational frameworks. The Governance Series aims to empower family businesses in Dubai to overcome common challenges, grow their operations, and encourage networking and knowledge-sharing between local, regional, and international family enterprises. It also offers a platform to showcase multi-generational success stories and learn from real-world experiences.
Hi Dubai
05-05-2025
- Business
- Hi Dubai
Dubai Launches Guidebook to Help Family Businesses Grow and Sustain Wealth
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
Mid East Info
30-04-2025
- Business
- Mid East Info
Dubai Centre for Family Businesses organises workshop to empower next generation of family business leaders with prompt engineering skills
Dubai, UAE – The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has organised a dynamic online masterclass to enhance generative AI prompt engineering skills among the next generation of family business leaders. The GenAI Masterclass, which was aimed at promoting the adoption of this vital technology to drive the growth and development of family businesses, attracted a total of 24 participants. The interactive session introduced participants to the transformative potential of generative AI in modern business, focusing on its applications for innovation and efficiency within family-owned enterprises. The session explored key AI concepts with practical examples and strategic insights tailored to Dubai's unique business landscape, equipping future leaders with a deeper understanding of how AI can support sustainable growth while respecting family business values. The workshop was held as part of the Next-Gen Family Businesses Training Programme. Launched by the Dubai Centre for Family Businesses in collaboration with PwC, the programme is designed to equip participants with the knowledge, skills, and mindset necessary to achieve sustainable success. The Next-Gen Family Businesses Training Programme supports participants in developing their skills and building the practical, technical, and digital capabilities needed to create lasting value for their family businesses. It also helps them explore business challenges and acquire the practical leadership skills required to successfully lead family enterprises in an evolving global landscape. The Dubai Centre for Family Businesses was launched in May 2023 under the umbrella of Dubai Chambers to promote the sustainability and growth of family businesses in the emirate. The centre is dedicated to advancing the development of this vital sector and enhancing its economic contribution to Dubai's future development plans. It works closely with partners from the public and private sectors to provide tailored support to family businesses in Dubai. About Dubai Chambers: Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers.
Emirates 24/7
30-04-2025
- Business
- Emirates 24/7
Dubai Centre for Family Businesses organises workshop to empower family business leaders with prompt engineering skill
The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has organised a dynamic online masterclass to enhance generative AI prompt engineering skills among the next generation of family business leaders. The GenAI Masterclass, which was aimed at promoting the adoption of this vital technology to drive the growth and development of family businesses, attracted a total of 24 participants. The interactive session introduced participants to the transformative potential of generative AI in modern business, focusing on its applications for innovation and efficiency within family-owned enterprises. The session explored key AI concepts with practical examples and strategic insights tailored to Dubai's unique business landscape, equipping future leaders with a deeper understanding of how AI can support sustainable growth while respecting family business values. The workshop was held as part of the Next-Gen Family Businesses Training Programme. Launched by the Dubai Centre for Family Businesses in collaboration with PwC, the programme is designed to equip participants with the knowledge, skills, and mindset necessary to achieve sustainable success. The Next-Gen Family Businesses Training Programme supports participants in developing their skills and building the practical, technical, and digital capabilities needed to create lasting value for their family businesses. It also helps them explore business challenges and acquire the practical leadership skills required to successfully lead family enterprises in an evolving global landscape. The Dubai Centre for Family Businesses was launched in May 2023 under the umbrella of Dubai Chambers to promote the sustainability and growth of family businesses in the emirate. The centre is dedicated to advancing the development of this vital sector and enhancing its economic contribution to Dubai's future development plans. It works closely with partners from the public and private sectors to provide tailored support to family businesses in Dubai. Follow Emirates 24|7 on Google News.
Hi Dubai
30-04-2025
- Business
- Hi Dubai
Dubai Centre for Family Businesses Boosts AI Skills of Next-Gen Leaders through GenAI Masterclass
The Dubai Centre for Family Businesses has launched a strategic push to future-proof family enterprises by equipping the next generation of leaders with advanced generative AI skills through a dedicated online masterclass. Held under the umbrella of Dubai Chambers, the GenAI Masterclass brought together 24 young participants as part of the Next-Gen Family Businesses Training Programme. The interactive session aimed to deepen understanding of generative AI and its potential to drive innovation, efficiency, and sustainable growth within family-owned companies. The training focused on real-world applications of AI technology, offering practical examples and tailored strategies relevant to Dubai's dynamic business landscape. Participants explored how AI can support long-term success while staying aligned with traditional family business values. Launched in collaboration with PwC, the broader Next-Gen programme is designed to equip future leaders with the digital, technical, and leadership skills needed to navigate evolving global challenges and ensure the longevity of their enterprises. The Dubai Centre for Family Businesses was established in May 2023 to support the growth and sustainability of the emirate's family business sector. Working alongside both public and private partners, the centre provides targeted support and initiatives to strengthen this key pillar of Dubai's economy. News Source: Dubai Media Office
