Arab International Women's Forum focuses on corporate governance in collaboration with Hawkamah
Arab International Women's Forum focuses on corporate governance in collaboration with Hawkamah
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The Hawkamah Institute for Corporate Governance (Hawkamah) today announced that it has signed a Memorandum of Understanding (MoU) with the Arab International Women's Forum (AIWF) to advocate corporate sector reform and strengthen corporate governance for women entrepreneurs and their businesses in the MENA region. Dr Nasser Saidi, Executive Director of Hawkamah, said: "Women entrepreneurs can benefit from strong corporate governance systems and guidelines, because of their ownership patterns - today women entrepreneurs own many large regional enterprises and account for a substantial share of the private sector. We are pleased to partner with AIWF to pioneer stronger corporate governance for women's businesses across the Arab region. Improved corporate governance can lead to, better: management accountability; minimized divergence between the interests of shareholders and management; access to external finance for expansion; divestment of existing operations for better opportunities; and the attraction of strategic investors. Comprising 35% of the U.A.E workforce, women are becoming increasingly prominent decision makers and are contributing substantially to the growth of the region's economy." Mrs. Haifa Al Kaylani, Chairwoman of the Arab International Women's Forum, added: "As women continue to become more influential in the region's business community, it is our responsibility to promote initiatives and processes that we advocate and that we feel will benefit the regional economy. We hope that our collaboration with Hawkamah will also assist in addressing gender issues to ensure that women are given every opportunity to succeed in the workplace. We are honoured to join many major international organizations in supporting Hawkamah, an independent, private sector initiative that is improving the understanding and practice of corporate governance in the Middle East and North Africa." The Hawkamah and AIWF alliance aims to encourage good corporate governance practices and promote the benefits of sound corporate governance to women businesses throughout the region. The cooperation will include conducting corporate governance assessments, surveys and improvement plans for women entrepreneurs and their businesses. In addition, they will assist in building capacity for and raising awareness of good corporate governance in the Arab region by raising awareness and practical implementation of better corporate governance practices through conferences, roundtables and training programmes. AIWF is a non-profit organization set up in London to link Arab business and professional women in the 22 Arab countries with each other and with their counterparts in the international community. AIWF is the voice of Arab women showcasing their development, breaking stereotypical images and creating greater public awareness of their success and prospects within an international context. AIWF attracts through its membership very able women who have many professional skills and experience in their respective countries, and who aim to enhance the role of women in business and the decision-making process. The Hawkamah Institute for Corporate Governance is an international association of corporate governance practitioners, regulators and institutions whose primary mandate is to develop corporate governance best practices in the Middle East region. By promoting the core values of transparency, accountability, fairness, disclosure and responsibility, Hawkamah assists countries and companies in the region to develop and implement sound and globally integrated corporate governance frameworks.

Testimonials

  • ‘’There was no doubt that once we communicate with Hawkamah for a workshop, we were sure that we will achieve our goals and get an added value. And thats what happened; we got a lot of positive feedback from participants which confirms the success of the company secretary 2 days workshop which took place in Manama – Bahrain as well as the fruitful feedback on the knowledgeable and insightful trainers and experts. We would be more than happy to have such cooperations in the future since we consider Hawkamah our patterner in success’’

    Faisal Al-Modlij - GM, Corporate Affairs and Governance - Sipchem KSA

  • "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

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