Page 449 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)

10/10/25, 4:19 PM Habib Al Mulla and Partners Organizes A Roundtable in Collaboration - Dubai Iconic Lady
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

The event featured interactive panel discussions addressing challenges in generational transitions,
governance, and succession planning. Speakers shared success stories from family businesses that
have successfully modernized their operations and governance models by integrating innovation and
adhering to best practices.

These discussions underscored the UAE’s leading role in shaping a modern legislative framework
that supports economic sustainability and reinforces the country’s position as a global hub for
business and investment.

About Habib Al Mulla and Partners

Habib Al Mulla and Partners operates from Dubai, Abu Dhabi, Istanbul, Moscow, Cairo, Baghdad,
and New Delhi, with a team of more than 70 multidisciplinary lawyers who possess distinguished
and diverse experience in handling cross-border corporate legal matters. The firm has been
providing specialized and integrated legal services and consultancy for over 40 years in dispute
resolution, banking, construction, corporate, real estate, tax, employment, and other sectors and
practices.

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