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The Dubai International Financial Centre (DIFC) is reinforcing its long-term focus on family businesses and private wealth with the formation of a Strategic Advisory Committee for the DIFC Family Wealth Centre. This move aligns perfectly with the UAE’s declaration of 2026 as the ‘Year of the Family’.
Additionally, the move supports the National Family Growth Agenda 2031, which highlights the economic and social significance of families while promoting policies aimed at enhancing their stability and long-term prosperity.
The UAE’s Largest Family Ecosystem
Presently, DIFC stands as the UAE’s largest hub of family-related entities. It hosts over 1,250 organisations supported by more than 600 partners, including private banks, asset and wealth managers, law firms, and advisory specialists. The top 120 families based in DIFC oversee more than $1.2 trillion in global assets, underlining their significant contribution to the national economy.
What’s more, DIFC family businesses account for around 60% of the UAE’s GDP and employ nearly 80% of the workforce. His Excellency, Arif Amiri, Chief Executive Officer of DIFC Authority, says:
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“DIFC continues to be at the forefront of enabling families to contribute to our society, ensuring they succeed and prosper. Through the efforts of the DIFC Family Wealth Centre, sound guidance from partners and world-class structures that support growth, DIFC solidifies Dubai as the preeminent destination for second and third-generation families locally, regionally, and increasingly globally. The DIFC Family Wealth Centre is emerging as a cornerstone of the private wealth advisory landscape.”