Dubai Centre for Family Businesses: Nurturing Growth and Transitions

 

Dubai, renowned for its thriving business community, has taken a significant step towards supporting the backbone of its economy – family businesses. In a bid to empower these enterprises and aid their successful generational transitions, Dubai Chambers has established the Dubai Centre for Family Businesses. This newly launched organization is set to play a pivotal role in educating family firms on crucial aspects such as leadership transition, planning, and growth strategies. With a focus on long-term sustainability and resilience, this initiative aims to foster an environment where family businesses can thrive across generations.

Supporting Growth and Resilience: The Dubai Centre for Family Businesses is a game-changer for the dynamic entrepreneurial landscape of Dubai. Recognizing the unique challenges faced by family businesses, Dubai Chambers has taken the lead in providing valuable resources and expertise. Through educational programs, workshops, and advisory services, the Centre aims to equip family firms with the knowledge and tools necessary to overcome obstacles and achieve sustained growth. By nurturing these businesses, Dubai is investing in the future and ensuring their continued contribution to the emirate's economic prosperity.

Empowering Generational Transitions: One of the critical aspects addressed by the Dubai Centre for Family Businesses is leadership transition. Smooth and effective transfer of leadership from one generation to the next is vital for the longevity of family enterprises. By offering specialized guidance and support, the Centre seeks to facilitate seamless transitions, ensuring the preservation of family legacies and the preservation of accumulated expertise. The Center's comprehensive programs will cover

Comments

Post a Comment

Popular posts from this blog

“Today is a Special and Significant Day For UAE’s Space Mission”

Image
  I want to share something interesting about what I read today. It’s how f rom sending the initial Emirati into space, conveying a few earth-perception satellites and dispatching the principal Arab interplanetary mission to Mars, to shaping a space traveler corps and building up the Arab Space Cooperation Group , the UAE has had the option to secure itself as a main country for space investigation and related innovations. "In exploring the cosmos, the world speaks one language and that’s science", says @astro_hazzaa , #UAE 's first astronaut Hazzaa AlMansoori looks back on his historic space mission and how the UAE made the impossible possible. Read more: https://t.co/layGLYqOpY pic.twitter.com/S2i72dk3rU — Khaleej Times (@khaleejtimes) June 19, 2021   Looking at it, IAC 2021 is in continuation of the UAE's endeavors of its encouraging in the worldwide space field and is pointed toward extending the impacts of these accomplishments to the more extensive area,
Read more

Russian central bank hikes rates amid the Ukrainian crisis

Image
  Russia's central bank on Monday raised its key policy rate to 20 per cent from 9.5 per cent amid the Ukrainian crisis. The western countries imposed harsh sanctions against the country, which affected the Russian economy. The central bank also ordered companies to sell 80 per cent of their foreign currency revenues to manage the fallout of harsh economic sanctions. The West pummelled the country with economic sanctions over Russia’s invasion of Ukraine . Reportedly, the central bank said in a statement that external conditions for the Russian economy have drastically changed after Russia invaded Ukraine. The bank further said that the rate hike from 9.5 per cent to 20 per cent will ensure a rise in deposit rates to levels needed to compensate for the increased depreciation and higher inflation. According to Reuters, the central bank will also resume buying gold on the domestic market and ease restrictions on banks' open foreign currency positions. The Russian rouble plu
Read more

“UAE Emphasize the Proper Utilization of Plastics”

Image
  I want to share this indescribable status in UAE . It’s how the prohibition on single-utilization of plastic sacks in Abu Dhabi will become effective from June 1, following the consenting to of an arrangement with significant retailers vowing to help the new strategy planned to lessen single use plastics.   It’s amusing how the gathering of senior leaders from significant retail outlets in Abu Dhabi on Monday marked a willful announcement, committing them to help the execution of the Abu Dhabi Single-Use Plastic Policy. Major retail outlets in #AbuDhabi support implementation of Single-Use Plastics Policy. #WamNews https://t.co/p5c4KCcXwE pic.twitter.com/vnbD1GezI9 — WAM English (@WAMNEWS_ENG) May 23, 2022   For me, being focused on the significance of cooperating with inhabitants and retail outlets to address the difficulties connected with single-use plastics, and their effect on the climate
Read more