Maktoum bin Mohammed attends signing of MoU between Dubai Chambers and DIFC Family Wealth Centre

Maktoum bin Mohammed attends signing of MoU between Dubai Chambers and DIFC Family Wealth Centre

DUBAI, 21st May, 2023 (WAM) -- H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), attended the signing of a Memorandum of Understanding (MoU) between the Dubai Chambers’ Dubai Centre for Family Businesses and the DIFC Family Wealth Centre.

The MoU agreement, which seeks to provide support to family businesses and strengthen their global presence, was signed by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Arif Amiri, CEO of DIFC Authority.

The signing ceremony was also attended by Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, and Essa Kazim, Governor of Dubai International Financial Centre.

As part of the agreement, the Dubai Centre for Family Businesses will join forces with the DIFC Family Wealth Centre in areas of training and education, as well as joint events and promotions.

The MoU outlines the collaboration between the two entities in defining methods of cooperation with relevant federal and local authorities. Their joint effort aims to develop strategic recommendations that promote the implementation of family business governance standards in accordance with the highest ratings defined by the Family Wealth Centre, ranging from