Page 441 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)

10/10/25, 4:18 PM Habib Al Mulla and Partners organizes a roundtable in collaboration with the Ministry of Economy and Tourism
together prominent UAE family business representatives, senior officials, business leaders, and industry
experts to discuss pathways to strengthen and sustain family businesses in the country.

The event aimed to explore mechanisms for empowering family enterprises, enhancing their
governance, and ensuring smooth generational transitions of ownership and management, all to

reinforce their contribution to the UAE’s competitive and sustainable economy. It also served as a
platform for open dialogue, collaboration, and the exchange of best practices and experiences among
leaders of the family business community.

In his opening remarks, H.E. Abdullah bin Touq Al Marri, Minister of Economy and Tourism, emphasized

the UAE’s commitment to advancing the role of family businesses in driving national economic
diversification and supporting the goals of “We the UAE 2031”, which seeks to build a knowledge-driven
economy and foster global partnerships.

“This forum reflects our commitment to strengthening collaboration with the family business community
and fostering dialogue to build a resilient and future-ready business ecosystem — one that continues to

grow and thrive across generations,” said H.E. Bin Touq.

H.E. Bin Touq highlighted the key enablers that the UAE’s business environment offers to family
enterprises, foremost among them, the pioneering legislative framework established to ensure the
continuity and sustainability of family businesses. Central to this framework is Federal Decree-Law No.

37 of 2022 on Family Businesses, the first comprehensive law of its kind globally, designed to ensure
smooth generational transition of ownership and management and to encourage expansion into new
economic sectors.

He also referenced major initiatives led by the Ministry, including the Unified Family Business Register,
which currently includes 18 registered entities and provides certification, registration, and governance

compliance services. Additionally, the “Thabat” Program was introduced to help family businesses
launch startups in new economic sectors and strengthen their long-term resilience.

Insights from Habib Al Mulla and Partners

Alia Al Mulla, Partner and Head of Commercial Disputes at Habib Al Mulla and Partners, stated: “The
UAE continues to lead the region and the world in legislative innovation. The Family Business Law

represents a groundbreaking step forward, reflecting a visionary and proactive approach to ensuring the
sustainability of family enterprises.”

She added: “At Habib Al Mulla and Partners, we take pride in being among the first law firms to work
extensively with family businesses to raise awareness about the benefits of this law and to assist them in
registration and compliance, safeguarding their legacy for generations to come.”

Engaging Discussions and Practical Insights

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