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3rd Party: 06 May 2025
A delegation of the Family Business Council Gulf (FBCG), representing some of the oldest and largest family businesses and family offices in the GCC, recently convened in Abu Dhabi for a strategic visit themed "Abu Dhabi: Unlocking Innovation and Investment Opportunities Across Generations".
The event brought together prominent GCC family business leaders and key Abu Dhabi stakeholders to explore emerging trends and opportunities.
The event was hosted by H.E. Ahmed Jasim Alzaabi, Chairman of ADGM, Sheikha Hind Suhail Bahwan, Chairman of the Family Business Council Gulf (FBCG), Hassan Jameel, Vice Chairman of FBCG, H.E. Hussain Al Nowais, FBCG’s Day Chair, Mohammed Al Nowais, in addition to a group of FBCG Board members, including Bader Nasser Al-Kharafi, Omar Alfardan and Tarek Sultan.
As part of the programme, participants took part in a roundtable discussion addressing three key themes:
Commenting on this event, H.E. Ahmed Jasim Al Zaabi, Chairman of ADGM, said: “Abu Dhabi is rapidly establishing itself as an attractive destination for global wealth and a driver for next-generation entities. Family businesses are a cornerstone of this transformation. Through our progressive regulations and innovative ecosystem, we are enabling these businesses to scale globally, embrace disruption, and sustain their legacies for generations to come. This gathering reflects the powerful role that structured and sustainable family businesses can play in shaping a more prosperous and resilient region.”
Sheikha Hind Bahwan stated, “Abu Dhabi’s vision aligns with the ambitions of our region’s family enterprises—to build globally competitive, future-ready businesses while honouring the legacy of past generations. This visit reflects our shared commitment to unlocking long-term value through patient capital, agile decision-making, and a clear focus on the next generation—those for whom we build—by thinking in generations, not quarters”
The event shed light on Abu Dhabi's rise as the new capital of private capital, with the city attracting a significant size of global family wealth and investments. Notably, the UAE's $22.7 billion in FDI in 2022 showcases its appeal to global investors.
With over $1 trillion in family wealth subject to transition between generations in the Middle East by 2030, it is essential to ensure the protection and growth of this wealth.
Abu Dhabi is well-positioned to support this shift through forward-looking regulation, long-term economic vision, and a commitment to nurturing family enterprises that continue their forefathers’ legacies.
The participants underscored the vital role of public-private synergy and collaboration in shaping the GCC region’s future economies and unlocking new opportunities.
With Abu Dhabi's GDP growth forecasted at 4.5% by 2025, the emirate is set to play a pivotal role in the region's evolving economic landscape.
This gathering reaffirmed Abu Dhabi's position as a dynamic hub for energy, technology, and private capital, driving innovation and sustainable prosperity.
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