H.H Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, launched the GCC network for family-owned companies, at Falcon Co. head quarters, in the Dubai International Financial Center on Wednesday.

Abdul Aziz Al Ghurair, Chairman of DIFC is appointed the chairperson of the new network.

The new network will be based in Dubai, and the declaration of its joining the international network of family companies based in Paris is celebrated at the launch event.

Abdul Aziz Al Ghurair said that the network would play a central role in backing and encouraging family-owned companies sector in the UAE and other member countries