Dubai Centre for Family Businesses launches three toolkits

Dubai Centre for Family Businesses launches three toolkits

The Dubai Chamber headquarters. — File photo

Published: Tue 26 Dec 2023, 6:17 PM Last updated: Tue 26 Dec 2023, 6:18 PM

Dubai Centre for Family Businesses has developed three toolkits for family enterprises. Focusing on key areas impacting the continuity, sustainability and competitiveness of companies, the three toolkits – succession planning for family businesses, family office and fostering productivity through streamlined family communication – provide a reference point for families on topics related to governance and succession planning protocols.

Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers, said: “Family businesses are an integral part of our economy. The three toolkits developed is a continuation of our efforts in providing useful and practical guides on key topics for family enterprises. We are committed to providing all means of support to them, including raising awareness of the common challenges faced and how to overcome them. The sustainability of family businesses is important, and we are committed to empowering them with the support they need to achieve continuity and successful transition between generations.”

Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers

The fostering productivity through streamlined family communication toolkit provides guidance on various areas including the value of family meetings, standing agenda items