Hong Kong:Dubai The Dubai Centre for Family Businesses, under the aegis of Dubai Chambers, recently organized a visit to Hong Kong. This initiative involved a delegation of 15 leaders and senior representatives from prominent Dubai-based family businesses.
According to Wam, the visit was designed to facilitate knowledge exchange and offer insights into international best practices in family business governance, sustainability, succession planning, and intergenerational wealth transfer. It also aimed to strengthen relationships and explore cooperative opportunities between family businesses in Dubai and Hong Kong.
The program featured visits to the Hong Kong Academy for Wealth Legacy, Kee Wah Group, and Luen Thai. These engagements provided insights into preserving family legacies, business development, and international market expansion, while balancing established family values with innovation and growth demands.
Representing leading family businesses from sectors such as retail, real estate, investment, logistics, hospitality, and manufacturing, the delegation had the opportunity to exchange perspectives on shared challenges and opportunities. This interaction was intended to build relationships that support business development and international expansion.
Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, emphasized the importance of family businesses to Dubai's economy. He highlighted the commitment to enabling these enterprises to benefit from international expertise to strengthen their governance frameworks, enhance succession planning, and prepare future leaders while preserving family legacies.
The delegation's itinerary began with a visit to the Hong Kong Academy for Wealth Legacy, focusing on governance, succession planning, and wealth transfer. Subsequent visits to Kee Wah Group and Luen Thai offered insights into these companies' growth, identity preservation, and the use of innovation to enhance competitiveness.
The engagements aimed at strengthening connections between family business leaders and exchanging insights into leadership transitions, institutional value preservation, and exploring partnerships, investment, and market access opportunities.
The program is part of the Dubai Centre for Family Businesses' ongoing efforts to enhance international knowledge exchange and help family businesses improve management and leadership capabilities, supporting business continuity and reinforcing their economic contribution to Dubai.
Additionally, the delegation participated in the Dubai Business Forum - China and a roundtable organized by the Dubai Business Women Council, focusing on cooperation between businesswomen from Dubai and China.
