iPhone | iPad
Android
Huawei
The leaders discuss ways to enhance economic cooperation between the nations and create an ideal environment for investors
KT APPDOWNLOAD
Dubai: New agenda to make family businesses sustainable for next 100 years
‘Dubai Centre for Family Businesses’ will be established as a central entity to provide all services
A new agenda announced in Dubai aims to boost the sustainability of family businesses for the next 100 years.
As part of the agenda, family businesses will be given all tools necessary to enable them to contribute to the economy and the emirate’s future. The agenda will see Dubai issuing a unified law for the sustainability of family businesses that meets all legislative requirements.
A ‘Dubai Centre for Family Businesses’ will be established as a central entity responsible for providing all services that ensure sustainability. It will launch four practical legal systems for the governance of family businesses, and establish a centre for settling family disputes through arbitration and mediation.
This came as His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired a meeting of the Dubai Council
The council also announced the establishment of a ‘Higher Committee for Development and Citizens Affairs’ headed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
ALSO READ:
The committee will focus on ensuring the provision of advanced and integrated services to citizens, in addition to launching and approving a number of comprehensive initiatives.
During the meeting, Sheikh Mohammed directed the formation of a higher committee to oversee all future technological developments in digital economy. He directed the committee to develop the Dubai Metaverse Strategy in the next two months.
sahim@khaleejtimes.com
More news from Government
Mohamed Hadi Al Hussaini is heading the UAE delegation participating in the ongoing IMF and World Bank Group Annual Meetings and G20 meetings
This week at GITEX Global, MoHRE is showcasing its latest smart systems, including the updated application which uses facial recognition
Two-day International Government Communication Forum will commence in Sharjah on Wednesday
The leaders review a number of developments on the regional and international arenas
Sheikh Abdullah highlighted the strength and depth of the relations between the UAE and Russia
'Mabrook Madabart' programme provides digital services to facilitate marriage and supports youth to cut costs and make the process easier
General Budget Committee issues directives as it reviews federal entities' requests for additional funding for 2022