The World Government Summit reviews an interactive session of best practices and governance frameworks to support the continuity of family companies

The World Government Summit organized 2025 round tables to discuss ways to enhance the legacy of family companies, review best practices and the latest governance frameworks that support sustainable growth and the development of the next generation of family companies. Participated in the round discussion table, which was organized in cooperation with Dubai Chambers, government officials and more than 50 high -ranking officials in major international family companies.

The round table meeting was chaired by Sultan bin Saeed Al -Mansoori, Chairman of the Board of Directors of Dubai Chambers, where he reviewed during the meeting the reality and prospects of family companies globally and locally while forensic the most important priorities and directions affecting the future of these companies.

During his opening speech as head of the session, Al -Mansouri reviewed the importance of family companies as the backbone of the economies of the countries of the world, as it contributes 70% of the global GDP and employ more than 60% of the workforce globally, and thanks to its flexibility and long -term vision of prosperity across generations, where 76% of it is more than 50 years activity, and plays an important role in leading sectors growth and creating job opportunities.

Al -Mansouri explained that family companies usually achieve higher rates of returns by about 5-10% compared to non -family companies according to studies, thanks to their strategic focus and long -term planning.

Al -Mansouri pointed out that the family companies in Dubai contribute 40% of the total exports of Dubai according to the latest specialized statistics, while Dubai is the headquarters of 59% of the total family companies in the Emirates, while the Dubai International Financial Center hosts more than 120 family companies that run a combination of all. Its value exceeds a trillion dollars.

Al -Mansouri pointed out that the Dubai Family Companies Center, which operates under the umbrella of Dubai Chambers, has been keen since its foundation in 2023 to ensure the sustainability and growth of family companies in the Emirate of Dubai, the development of this vital sector and enhance its economic contribution to serve the future development plans of the emirate.

– 10 guidance evidence
Since its foundation, the center has issued 10 guidelines to support the ability of family companies to apply the principles of governance and sustainability. In order to enable the leaders of family companies and support their growth, the center rehabilitated the next generation of family companies through specialized training programs, led by the Dubai Family Companies Management Program for the rehabilitation of the second generation of family leaders, in cooperation with the Mohammed bin Rashid Center for Leadership, and a number of Specialized universities, with the participation of 60 members in the two sessions. The center also launched an electronic library that includes 2000 educational suppliers specialized in the field of family companies.

Flexibility and speed of adaptation
The Chairman of the Board of Directors of Dubai Chambers stressed that the sustainability of the success of family companies requires relying on flexibility and the speed of adaptation to variables. And digital transformation, and keeping pace with the requirements of consumers, indicating that companies that can balance administrative and commercial traditions with innovation and development have a better location to keep pace with the future and continue to grow and expand.

Al -Mansouri stressed that investing in the next generation of leaders within family companies is an investment in the future of the economy, adding that preparing future leaders requires a mixture of specialized education, practical experience, and continuous guidance, which enables them to lead companies efficiently, enhance their growth, and expand their business domestically and internationally .

– The two parties are two dialogues
The meeting included two interviews, the first was titled “New Wealth Centers”, and reviewed the impact of global transformations on the expansion of family companies, where the need to diversify the main centers of the business of these companies to reduce risks and benefit from new opportunities, along with the impact of virtual assets .

Participants in the session discussed the most important global cities that will lead the growth centers of family companies during the next decade. In the context of the importance of the Middle East as an international business center, Dubai’s strategic position in general was reviewed, the role of the Dubai International Financial Center, as a vital gateway for family companies, in addition to the opportunities available to sovereign funds and risk capital.

The second symposium focused on “the role of artificial intelligence in the expansion of family companies”, where the mechanisms for making decisions based on data and their importance in expanding operations were reviewed, along with several axes linked to the role of artificial intelligence in market research, compliance, and the enhancement of supply and automation chains, along with the balance between investment In emerging artificial intelligence companies compared to the development of these technologies internally, leadership succession and sustainability.