- Mohammad Ali Rashed Lootah: “Family businesses remain a vital engine of growth, diversification, and innovation within Dubai’s economy…”
- Governance Assessment & Review: A deep dive into a company’s family constitution and existing governance against legal and best-practice benchmarks.
- Constitution Drafting: A guided process for families to formalise their shared values, rules, and leadership responsibilities.
- Office Blueprint: An introductory and planning tool for families aiming to establish a structured Family Office.
The Dubai Centre for Family Businesses, under the umbrella of Dubai Chambers, has launched three targeted advisory offerings to help family-run businesses enhance resilience, structure, and future-readiness. These services are tailored to help family enterprises thrive in a competitive and changing economic landscape.
The move underlines the Centre’s strategic role in reinforcing the influence and legacy of family-owned businesses, ensuring they continue to contribute meaningfully to Dubai’s development vision. The new services will help streamline internal governance, strengthen leadership practices, and prepare businesses for long-term sustainability.
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 evaluates a family business’s governance practices using a bespoke assessment tool. This service includes reviewing existing constitutional documents, conducting stakeholder interviews, and identifying gaps in compliance, alignment, and governance effectiveness. The Centre provides tailored recommendations to close these gaps and encourage stronger governance.
With the Family Constitution Drafting service, families receive hands-on support to shape a detailed constitution that outlines decision-making roles, eligibility rules, and shared values. Through workshops and collaborative drafting, the Centre ensures that all members contribute to a document that balances tradition with strategic planning.
The Family Office Blueprint provides families with an understanding of what it takes to launch and run a Family Office. It covers everything from defining objectives to outlining investment functions and operational requirements. The service also helps identify the skills and staffing needed to manage wealth and legacy planning professionally.
