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MoU inked to enhance support for family businesses in Dubai
Gulf Today
|July 16, 2025
The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has signed a Memorandum of Understanding with Emirates NBD to enhance support for family businesses in Dubai and promote their sustainable long-term growth.
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Under the terms of the MoU, the centre will collaborate with the Private Banking division at Emirates NBD to develop and integrate a framework of key functions to help businesses preserve their family wealth, legacy and values for future generations. This includes support in areas such as family business governance and succession planning.
The centre will also offer tailored advisory services to the bank’s family business clients, including governance maturity assessment, the development of family charters and family office structure to ensure smooth generational transitions.
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