FAMILY FEUD

UAE urges families to tackle succession risks amid wealth shift

UAE’s richest families are on track to controling a combined $1 trillion by the end of next year, U.S. venture firm says

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View of skyline in Dubai

The UAE is making an attempt to prevent the squabbling between heirs that often damages family businesses, which make up 90% of the country’s private companies.

Economy Ministry officials recently met with the heads of prominent business...