Dubai: Dubai Chambers will soon establish country-specific business councils under its umbrella to add to the sector related ones it already has. The plan is to create more possibilities for business connectivity, both within industry verticals and beyond them.

“We have targeted to set up 100 industry-specific Business Councils,” said Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers. “We will work with them to raise the issue to improve doing business in their own sector.”

Feedback from the business community will be communicated by the Dubai Chamber to the government and federal agencies and facilitate those looking to trade or invest in other countries.

Dubai Family Business Centre

There will also be a Dubai Family Business Centre to handle all family-related issues and ensure smooth transition from generation to generation. The FBC is expected to open in two months.

“We will ensure with enough communication, the need to put proper legal structure for family businesses, corporate governance, leadership succession plan,” said Al Ghurair. “Gender involvement in the future must be there because we know what our daughters and mothers will be someday become the shareholders of the business.”

The Dubai Chamber reported a 20 per cent growth in membership to 347,000 in 2022.

More to follow…