Abu Dhabi Family Business Council signs AI partnership with UAE-based university

The Abu Dhabi Family Business Council has signed a cooperation agreement with the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to develop joint solutions that support family businesses in Abu Dhabi with the integration of artificial intelligence across management, governance, and decision-making processes.

This partnership aims to strengthen the readiness of family businesses for digital transformation and enable them to adopt AI-driven solutions across their organisation. The tie-up also aims to develop AI-powered advisory tools that help family businesses improve operational performance, elevate governance standards, and strengthen their ability to expand and grow.

As part of the agreement, both parties will organise specialised workshops and training programmes designed to transfer knowledge and equip the next generation of family business leaders with the skills needed to understand and leverage advanced technologies in the development of their enterprises

They will also explore joint opportunities to undertake applied research and build AI solutions specifically tuned to the context of family businesses.

Reflecting on the agreement, haled Al Fahim, Chairman of the Abu Dhabi Family Business Council, said: “This collaboration represents a significant step toward enabling family businesses to benefit from the rapid advancements in artificial intelligence and strengthening their readiness for the economy of the future.”

Timothy Baldwin, Provost and Professor of Natural Language Processing at Mohamed bin Zayed University of Artificial Intelligence, added: “This collaboration reflects our role in supporting priority sectors across the nation through artificial intelligence. Family businesses are an important pillar of the economy, and it is therefore essential that they have access to the tools and expertise needed to harness AI in ways that deliver broad and meaningful societal benefit.”