Page 467 - 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…
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.”

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