Page 458 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)

10/10/25, 4:20 PM Habib Al Mulla and Partners Organizes A Roundtable in Collaboration with the Ministry of Economy and Tourism to Empower UAE…
“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

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

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