Dubai Chambers Attracts World’s Largest Family Business Conference
In a testament to Dubai’s global appeal as a hub for prestigious international events, Dubai Chambers has successfully attracted the world’s largest and most significant family business conference to the emirate. Partnering with Campden Wealth, Dubai Chambers is set to host the inaugural edition of the Campden Global Owners and Family Office Congress from 9th to 13th October, marking a milestone in Dubai’s stature as a leading destination for renowned global gatherings.
A Gathering of Multigenerational Wealth: Campden Global Owners and Family Office Congress
The Campden Global Owners and Family Office Congress is poised to unite over 300 representatives from multigenerational wealth-owning families, congregating in Dubai for five days of immersive networking opportunities and closed-door sessions. The event’s primary focus is to facilitate the exchange of knowledge and experiences among participants, fostering interactive discussions on best practices in managing family businesses, preserving family legacies, and navigating the unique challenges and opportunities that influence the sustainable success of family-owned enterprises.
Dubai’s Attraction: A Hub for UHNW Family Wealth
Dubai’s selection as the host city for this prestigious congress underscores its unique appeal in attracting ultra-high-net-worth (UHNW) family wealth. This magnetism is underpinned by several key factors:
- Global Business Hub: Dubai’s status as a global business hub makes it an ideal destination for high-profile gatherings, attracting participants from around the world.
- Innovation and Sustainability: The emirate’s reputation as a center for innovation and sustainability aligns with the forward-looking nature of the congress.
- Gateway to Emerging Economies: Dubai’s strategic position as a gateway to emerging African economies adds an extra dimension to its allure.
Global Participation: A Diverse and Influential Gathering
The Campden Global Owners and Family Office Congress is expected to draw participants from diverse corners of the globe. Middle Eastern family businesses and offices are anticipated to constitute approximately 18% of attendees, with 26% hailing from Europe, 22% from North America, 16% from India, and 15% from the Asia Pacific region.
A Multifaceted Lineup: Key Sectors Represented
The participating family businesses reflect a diverse spectrum of sectors. Real estate leads the pack, followed closely by venture capital, financial services, and energy. Additionally, the event will witness representation from sectors including technology, fintech, blockchain, construction, infrastructure, healthcare, food and beverages, and mining and minerals.
A Platform for Growth: Chairman’s Perspective
Yahya Saeed Lootah, Chairman of the Campden Global Owners and Family Office Congress and a Member of the Advisory Committee of the Dubai Centre for Family Businesses, articulated the significance of family businesses in today’s global economies, emphasizing their crucial role in the UAE. Against the backdrop of evolving market dynamics influenced by factors such as monetary policies and inflation, family offices are exploring significant shifts in strategic asset allocation.
Lootah remarked, “Our role at the Dubai Centre for Family Businesses is to promote the sustainable growth of these important contributors to the national economy and ensure their continuity, competitiveness, and long-term financial success. Partnering with Campden Wealth to host this exclusive event creates a unique platform that will enable family businesses around the world to learn, grow, and thrive.”
Exploring Key Themes: The Congress Agenda
The congress, themed “The Family Office Paradigm: Creating a Blueprint for Growth in Future Generations,” will delve into a range of critical topics relevant to family businesses. These include succession planning, investment strategies, governance, geopolitical risks, and portfolio management.
As Dubai prepares to welcome an assembly of global family businesses, the city reaffirms its status as a premier destination for high-profile international events. The Campden Global Owners and Family Office Congress promises to be a landmark gathering that fosters knowledge exchange, networking, and collaboration among multigenerational wealth-owning families, making Dubai a pivotal nexus for the world’s family business community.
