Page 455 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)

10/10/25, 4:19 PM Habib Al Mulla and Partners Organizes A Roundtable in Collaboration - DGN Gate
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

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

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