"Abu Dhabi Chamber" New leaders are appointed to enhance a role "Family Companies Council"
Abu Dhabi, May 20 / WAM / The Abu Dhabi Chamber of Commerce and Industry announced today the appointment of two members of the Board of Directors to take over the leadership of the Abu Dhabi Council for the newly established family companies, as part of its efforts to enhance the role of family companies and their ability to continue success over generations.
His Excellency Khaled Al -Fahim was appointed head of the Abu Dhabi Council for Family Companies, and His Excellency Masoud Al Masoud as Vice President, to take over the tasks of directing the council’s efforts towards enabling family companies to grow and develop, and enhance their effective contribution to supporting the national economy.
This strategic step reflects the room’s vision in consolidating strong foundations for family companies, ensuring their contribution to supporting the flexibility and prosperity of Abu Dhabi’s economy in the long term.
His Excellency Ahmed Jassim Al -Zaabi, Chairman of the Abu Dhabi Chamber of Commerce and Industry, said that family companies are a basic pillar of the private sector in the emirate, as they contribute to the growth and diversification of the economy and enhance its competitiveness globally.
His Excellency pointed to the double efforts to accelerate the “Falcon Economics” march to transform into the economy of knowledge and smart and sustainable innovation, and to emphasize the empowerment of family companies in order to achieve more expansion and benefit from investment opportunities locally and internationally.
He pointed out that these appointments strengthen the pivotal role of the Abu Dhabi Chamber in supporting the private sector to lead the economy of the future, as the leadership and leadership visions of the members of the Abu Dhabi Council for family companies contribute to developing the capabilities of these companies in the priority sectors, which establishes a major engine in the next stage of the economic development of the Emirate of Abu Dhabi.
It is noteworthy that the Abu Dhabi Chamber of Commerce and Industry launched the Family Companies Council in Abu Dhabi in December 2024 with the aim of supporting family companies and helping them to keep pace with changes, modernizing operations, and playing a more effective role in economic diversification efforts.
The Council is working to enhance sustainability by encouraging innovation, providing job opportunities, and participating in the knowledge economy.
The establishment of the council reflects the importance of the role played by family companies, which are an essential part of the private sector, and the efforts made to enable them to benefit from new opportunities and their continuity across generations.
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