Page 235 - MOE ENGLISH PR - APRIL 2024

5/1/24, 2:40 PM DIFC emerges as premier global hub for family businesses, home to 120 of world's wealthiest families, individuals | Emirates News …
Family Wealth Centre in 2023 has helped empower

families preserve their wealth and legacies for the

future, through best-in-class tailored solutions including

asset allocation and portfolio management, governance,

succession planning, Sharia compliance as an option,

Will registration and philanthropy.

The Centre is further fortified by its work with the

Innovation Hub, which supports next generation owners

remain at the forefront of technological mechanisms

and applications.

Benefitting from DIFC’s internationally recognised legal

system, which is based on English common law and

includes a variety of structures and regimes, family

businesses also gain direct access to accredited

advisors, networking opportunities, educational

programmes, and a wide range of experiential events,

all within the Centre’s diverse and cosmopolitan

community, which includes some of the city’s top

eateries, venues, cultural centres, and lifestyle

destinations.

Recently, DIFC Family Wealth Centre and STEP Arabia

signed an MoU to foster the common interests in

https://wam.ae/en/article/b2wfs1m-difc-emerges-premier-global-hub-for-family 7/8