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FORWARD-LOOKING VISION ENHANCES UAE FAMILY BUSINESSES
Gulf News
|July 31, 2025
Advanced legislative environment to promote growth and sustainability of family businesses, says UAE minister
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The UAE continues to adopt a forward-looking vision to enhance the regulatory and legislative frameworks governing family businesses in the country. This vision aims to foster sustainable growth, ensure long-term viability, and strengthen the sector's contribution to national economic competitiveness both regionally and globally.
The Ministry of Economy and Tourism played a key role in issuing the world’s first comprehensive and pioneering legislation dedicated to family businesses: Federal Decree by Law No. (37) of 2022 concerning the Family Businesses.
The law aims to ensure business continuity through legal mechanisms and structured procedures, support diversification of business activities, ease generational transition, and encourage expansion into advanced sectors, particularly the new economy.
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