Page 49 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

Press Release

Press release

Ministry of Economy announces registration of first batch of
national companies in the Unified Family Business Registry

Registry membership ensures business continuity and investments across
generations

Abu Dhabi, May 22, 2025:

The Ministry of Economy announced the registration of the first batch of national companies in its
Unified Family Business Registry, pursuant to Federal Decree-Law No. (37) of 2022 concerning
family businesses. The move aligns with continuing national efforts to enhance the growth and
sustainability of family-owned companies in the UAE, promote diversification across various
commercial and economic sectors - particularly the new economy - and reinforce the UAE’s
position as an attractive destination for family businesses from around the world. The
announcement was made during an event organized by the Ministry in Dubai, in the presence of
H.E. Abdulla bin Touq Al Marri, Minister of Economy.

The Ministry revealed that the companies that joined the registry include Sharafi Group
Investments, Al Saud Holding, Al Soor Investment, SBR Investment, Al Rida Investment and
Development, Manal Family Office Holdings, and Abdullah Al Mazrouei Investment.

H.E. Bin Touq stated that family businesses are a key pillar in driving national economic growth
and sustainability, and in supporting the UAE’s transition to a knowledge- and innovation-based
economic model. He noted that the UAE has placed considerable emphasis on establishing a sound
legislative and regulatory environment to promote the development and long-term sustainability
of family businesses in accordance with international best practices. These include the issuance of
a comprehensive federal law and four ministerial decisions aimed at improving governance and
ensuring the continuity and competitiveness of family enterprises - all part of a clear vision to
establish the UAE as a leading destination for local, regional, and international family businesses.