Where We Came From
Where We Came From
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The Hawkamah Institute for Corporate Governance was set up in 2006 to help bridge the corporate governance gap in the region. The Institute was founded by international organizations including the OECD, the IFC, and the World Bank, and regional organizations such as the Union of Arab Banks and the Dubai International Financial Centre (DIFC) Authority. The Institute grew out of the recognition of a growing need for a regional organization working on the ground, and since then Hawkamah has been at the forefront of the corporate governance debate in the region.

Hawkamah's primary goal is to provide the region's companies and boards with practical tools on how to improve corporate governance. The Institute's work also involves engaging governments and industry, conducting surveys and studies, and creating regional benchmarks which often act as catalysts for reform.

The establishment of the Corporate Governance Institute and think tank aims to build institutions for the region. Its mission is to promote corporate sector reform and good governance, assist the countries of the region in developing and implementing sustainable Corporate Governance strategies adapted to national requirements and objectives.

The consultative meeting of the MENA Working Group 5 on improving Corporate Governance held in Amman, Jordan on the 14th of February, 2005, highlighted and confirmed the vital interest of the countries of the region to bridge the Corporate Governance gap, and achieve economic and financial integration with the rest of the world to improve economic growth and development prospects and performance.

One of the main conclusions endorsed by the participants was the need to establish a body that would serve as a regional secretariat with the basic mandate "to provide greater efficiency in the coordination between the countries of the region on Corporate Governance policy issues and to more effectively implement the MENA working Group 5's objectives, recommendations and projects."

Testimonials

  • "We extend our thanks and appreciation to Hawkamah institute for its cooperation and the effectiveness of the Director Development Program"

    Saeed Al Kaabi - Abu Dhabi Monitoring and Controlling Centre(ADMCC)

  • "The Director Development Program was very rich in useful information and added a lot to us, and the trainers’ experience, skills and capabilities had positive impact on delivering the information to us in a direct and clear manner"

    Hamad Al - Tamimi - Osool Asset Management

  • The corporate Governance in all type of entities adds morality and ensures implementation of the best practices to fulfill the responsibilities of those entities and to ensure the rights of all parties involved, especially those who have no authority to participate in the decision-making cycle.

    Hawkamah institute contributed to enrich the knowledge of these responsibilities and the role of governance for the success of institutional work in accordance with principles that establish values and ethics.

    Ajman Municipality

  • '‘Excellent, well delivered, informative program presented by well-seasoned trainers. The training program has helped transform and empower the Board’s vision and focus our minds on the relevant issues at hand. We sincerely thank you for the training sessions which helped broaden our perspective and decision making processes. We strongly recommend this training to elevate directors to the next level".

    Bank of Maldives

  • "I would like to thank Hawkamah for the ESG Reporting training , I found the two days ESG Reporting training very informative and helpful and I have definitely received some tools that I will use in my work"

    Rania Zaatari - Head of Makassed Communal Healthcare Bureau

  • "The DDP provides a solid foundation of corporate governance for existing and aspiring directors."

    David Haglund - Senior Executive Director and Portfolio Manager of the Templeton Frontier and MENA Market strategies

  • “Thank you so much for sharing such insightful webinar. It was great and valuable to all participate”

    Shady Rashed - Senior Economic Researcher at The Ministry of International Cooperation of Egypt

  • “Good session and very well organized on the webinar about How to buffer and lessen the impact of the novel Covid – 19, to maintain business sustainability with Hawkamah - AUB / Makhzoumi” 

    Bilal Hamade - Executive Advisor

  • "One of the best webinars I attended. Well done OSB Makhzoumi and Hawkamah”

    Fida Kanaan – Director – Executive education  OSB AUB

  • "A journey full of knowledge, experience and professionalism . I have learned a lot and definitely enjoyed the time I spent with my colleagues."

    Ibtihal Al-Shamali- Director of Corporate Governance- Capital Market Authority of Kuwait

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