Dubai: The Dubai Economic Council (DEC) signed a memorandum of understanding (MOU) with the Boston Consulting Group (BCG) as an adviser on business strategy.

The MOU serves to provide support for strategic cooperation between the two parties in different fields related to economic, financial and regulatory topics, and to encourage the exchange of advice, knowledge, and data. One principal initiative under the MOU is to develop a framework that will be considered beneficial by family businesses of all sizes to achieve their family and business objectives, and to further contribute to the growing UAE economy.