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Mid East Info
05-05-2025
- Business
- Mid East Info
Dubai Department of Economy and Tourism and Dubai Centre for Family Businesses launch Dubai family business guidebook
New guidebook covers key topics including corporate structures, governance, wealth planning, and leadership Sahia Ahmad: 'Family businesses are a bedrock of Dubai's economic progress, and are playing a vital role in achieving the goals of the Dubai Economic Agenda, D33, which aims to double Dubai's economy in the decade up to 2033.' • Khalid AlJarwan: 'The launch of the guidebook comes as part of the Dubai Centre for Family Businesses' commitment to promoting the adoption of effective governance among family businesses and encouraging the implementation of optimal administrative and legal frameworks.' Dubai, UAE – The Dubai Department of Economy and Tourism has partnered with the Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, to launch a new Dubai family business guidebook. 'Family Businesses in the Emirate of Dubai: A Guidebook,' is a comprehensive resource designed to outline ways to protect the wealth of family businesses in the emirate and ensure their sustainability, while also supporting the growth of their operations both now and in the future. The guidebook was launched during the first event in the centre's 'Knowledge Series' initiative, which was hosted at Dubai Chambers' headquarters in collaboration with the Dubai Department of Economy and Tourism under the theme 'Building a Lasting Legacy: The Future of Family Businesses in Dubai.' The session featured panel discussions exploring strategies to preserve the legacy of family businesses and enhance their capacity for innovation. Participants also reviewed key aspects of the UAE Family Business Law, including the mechanisms and requirements for registering companies as family businesses in Dubai. The guide offers a detailed overview of various structural options for family businesses and addresses key areas including corporate governance, family offices, wealth planning, leadership succession, real estate ownership, and tax considerations. It also covers topics such as conflict management and resolution, government initiatives supporting family businesses, the role of philanthropy and its significance for family enterprises, digital transformation, and the procedures for registering family businesses in Dubai. Sahia Ahmad, CEO, Regulatory Policy and Governance, at the Dubai Department of Economy and Tourism, said: 'Family businesses are a bedrock of Dubai's economic progress, and are playing a vital role in achieving the goals of the Dubai Economic Agenda, D33, which aims to double Dubai's economy in the decade up to 2033. They create jobs, invest in local markets, and support long-term business activity, with the generational nature of family businesses providing stability and enhancing our global competitiveness. The launch of this new guidebook demonstrates our commitment to supporting family businesses through targeted initiatives, regulatory enhancements, and strategic partnerships. We would like to thank Dubai Chambers and our esteemed partners for their continued collaboration, support, and contribution towards advancing the role of family businesses in shaping Dubai's economic future.' Khalid AlJarwan, Vice President of Commercial and Corporate Services at Dubai Chambers, commented: 'Family businesses play a pivotal role in driving the growth of the local economy and are a cornerstone for the development of diverse sectors. The launch of this new guidebook during the first 'Knowledge Series' session reflects the Dubai Centre for Family Businesses' commitment to promoting the adoption of effective governance and the implementation of optimal administrative and legal frameworks. This initiative will contribute to elevating business performance and ensuring sustainable growth for family enterprises across generations.' Established under the umbrella of Dubai Chambers in May 2023, the Dubai Centre for Family Businesses is dedicated to ensuring the sustainability and growth of family businesses in the emirate. The centre plays a vital role in developing this vital sector and enhancing its economic contribution in support of Dubai's future development plans.


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
24-04-2025
- Business
- Mid East Info
Dubai Chambers signs MoU with flydubai to support global expansion of the local business community - Middle East Business News and Information
Khalid AlJarwan: 'Our collaboration with flydubai reinforces Dubai's position as a leading global hub for trade and logistics.' Mohamed Hassan: 'flydubai's partnership with Dubai Chambers reinforces Dubai's position as a global trade and logistics hub, while enabling local businesses to expand their international reach through enhanced airfreight access.' The agreement provides Dubai Chamber of Commerce members with preferential airfreight rates, enhancing access to international markets. Dubai, UAE – Dubai Chambers has signed a Memorandum of Understanding (MoU) with Dubai-based carrier flydubai aimed at enabling companies operating in the emirate to expand their global footprint by leveraging the airline's integrated air freight services. Under the terms of the agreement, flydubai will offer preferential air freight rates to members of Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers. The partnership supports member companies in expanding the reach of their products, both locally and internationally, across imports and exports. The two parties will also work to enhance cooperation by developing joint initiatives, programmes, and activities that deliver added value to Dubai's business community. Khalid AlJarwan, Vice President of Commercial and Corporate Services at Dubai Chambers, commented: 'This strategic partnership supports our efforts to empower our members to enter new global markets and grow their businesses. The preferential air freight rates offered serve as an effective tool to reduce export and import costs and enhance operational efficiency, opening up new international market opportunities for local businesses. Our collaboration with flydubai reinforces Dubai's position as a leading global hub for trade and logistics.' Mohamed Hassan, Senior Vice President of Airport Services & Cargo at flydubai, stated: 'We are pleased to partner with Dubai Chambers on this strategic partnership, which represents a shared vision to enhance trade facilitation, economic diversification and global integration of Dubai-based businesses. By leveraging our expanding cargo network and tailored airfreight solutions, we aim to provide local enterprises with the logistical strength needed to compete on a global stage. This collaboration reflects our shared vision of positioning Dubai as a leader in global trade and underscores the vital role aviation plays in driving sustainable economic growth.' Dubai Chambers remains committed to advancing its strategic priorities, which include enhancing Dubai's favourable business environment, attracting international businesses and investments to Dubai, and driving the international expansion of Dubai Chambers' members, as well as accelerating the growth of Dubai's digital economy, increasing the effectiveness of advocacy, and sustaining a climate of institutional and customer excellence. flydubai is committed to supporting Dubai's business community as part of its longstanding dedication to enabling free flows of trade and tourism. Today, the carrier has a growing network of more than 130 destinations in 55 countries and is served by a young fleet of 88 Boeing 737 aircraft. 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. About flydubai: From its home in Dubai, flydubai has created a network of more than 130 destinations served by a fleet of 88 aircraft. Since commencing operations in June 2009, flydubai has been committed to removing barriers to travel, creating free flows of trade and tourism and enhancing connectivity between different cultures across its ever-expanding network. flydubai has marked its journey with a number of milestones: An expanding network: Created a network of more than 130 destinations in 55 countries across Africa, Central Asia, the Caucasus, Central and South-East Europe, the GCC and the Middle East, South Asia and South-East Asia. Serving underserved markets: Opened more than 97 new routes that did not previously have direct air links to Dubai or were not served by a UAE national carrier from Dubai. An efficient single fleet-type: Operates a single fleet-type of 88 Boeing 737 aircraft and includes: 29 Next-Generation Boeing 737-800, 56 Boeing 737 MAX 8 and 03 Boeing 737 MAX 9 aircraft. Enhancing connectivity: Carried more than 120 million passengers since it began operations in 2009.


Gulf Today
22-04-2025
- Business
- Gulf Today
Dubai to strengthen its position as a leading hub for trade, logistics
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Dubai-based carrier flydubai aimed at enabling companies operating in the emirate to expand their global footprint by leveraging the airline's integrated air freight services. Under the terms of the agreement, flydubai will offer preferential air freight rates to members of Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers. The partnership supports member companies in expanding the reach of their products, both locally and internationally, across imports and exports. The two parties will also work to enhance cooperation by developing joint initiatives, programmes, and activities that deliver added value to Dubai's business community. Khalid AlJarwan, Vice President of Commercial and Corporate Services at Dubai Chambers, commented: 'This strategic partnership supports our efforts to empower our members to enter new global markets and grow their businesses. The preferential air freight rates offered serve as an effective tool to reduce export and import costs and enhance operational efficiency, opening up new international market opportunities for local businesses. Our collaboration with flydubai reinforces Dubai's position as a leading global hub for trade and logistics.' Mohamed Hassan, Senior Vice President of Airport Services & Cargo at flydubai, stated: 'We are pleased to partner with Dubai Chambers on this strategic partnership, which represents a shared vision to enhance trade facilitation, economic diversification and global integration of Dubai-based businesses. By leveraging our expanding cargo network and tailored airfreight solutions, we aim to provide local enterprises with the logistical strength needed to compete on a global stage. This collaboration reflects our shared vision of positioning Dubai as a leader in global trade and underscores the vital role aviation plays in driving sustainable economic growth.' Dubai Chambers remains committed to advancing its strategic priorities, which include enhancing Dubai's favourable business environment, attracting international businesses and investments to Dubai, and driving the international expansion of Dubai Chambers' members, as well as accelerating the growth of Dubai's digital economy, increasing the effectiveness of advocacy, and sustaining a climate of institutional and customer excellence. flydubai is committed to supporting Dubai's business community as part of its longstanding dedication to enabling free flows of trade and tourism. Today, the carrier has a growing network of more than 130 destinations in 55 countries and is served by a young fleet of 88 Boeing 737 aircraft. Dubai Chambers (DC) has successfully concluded the 13th edition of its Diplomatic Circle event, which brought together more than more than 100 ambassadors, consul generals, and commercial attachés stationed in the UAE. Held annually, the meeting serves as a platform to advance cross-border economic cooperation. During the event, Dubai Chambers shed light on the promising outlook for the national economy across diverse sectors and explored ways to strengthen international trade and investment ties through constructive dialogue. The discussions reaffirmed Dubai's strong commitment to collaboration and strategic partnerships that support mutual development goals. During his welcome address, Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, highlighted the vital role of close collaboration with the diplomatic community in fostering meaningful partnerships.


Zawya
22-04-2025
- Business
- Zawya
Dubai Chambers, Flydubai sign MoU to support global expansion of local business community
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Dubai-based carrier flydubai aimed at enabling companies operating in the emirate to expand their global footprint by leveraging the airline's integrated air freight services. Under the terms of the agreement, flydubai will offer preferential air freight rates to members of Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers. The partnership supports member companies in expanding the reach of their products, both locally and internationally, across imports andexports. The two parties will also work to enhance cooperation by developing joint initiatives, programmes, and activities that deliver added value to Dubai's business community. Khalid AlJarwan, Vice President of Commercial and Corporate Services at Dubai Chambers, commented, 'This strategic partnership supports our efforts to empower our members to enter new global markets and grow their businesses. The preferential air freight rates offered serve as an effective tool to reduce export and import costs and enhance operational efficiency, opening up new international market opportunities for local businesses. Our collaboration with flydubai reinforces Dubai's position as a leading global hub for trade and logistics.' Mohamed Hassan, Senior Vice President of Airport Services & Cargo at flydubai, stated, 'We are pleased to partner with Dubai Chambers on this strategic partnership, which represents a shared vision to enhance trade facilitation, economic diversification and global integration of Dubai-based businesses. By leveraging our expanding cargo network and tailored airfreight solutions, we aim to provide local enterprises with the logistical strength needed to compete on a global stage. This collaboration reflects our shared vision of positioning Dubai as a leader in global trade and underscores the vital role aviation plays in driving sustainable economic growth.'