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5/28/24, 4:31 PM Registrations open for Ministry of Economy's unified family business registry | Markets – Gulf News
family businesses. The initiative aims to align the practices of family businesses with

global standards and support their continuity.

Abdullah Ahmed Al Saleh, Under-Secretary of the Ministry of Economy, explained
that the UAE is committed to developing a robust legislative and regulatory

environment to enhance the growth of family businesses and support their continuity

and sustainability over the coming decades, following global best practices.

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The Ministry launched the Unified Registry for Family Companies to build a

comprehensive and standardised database containing all information related to family

businesses in the country.

Additionally, the Ministry has outlined a series of criteria and requirements for

enrolling a family business in this registry.

The Ministry also conducted a series of meetings with various government entities,

including chambers of commerce and industry, licensing authorities in economic

development departments, and free zones, to strengthen collaboration and

coordination and family business registration in the unified registry.

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