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

  • The certified Board Secretaries Workshop provided by Hawkamah and Dubai Financial Market is an essential course for learning corporate governance, scope and responsibilities of the board secretary and understanding the governance and disclosure requirements of the Dubai Financial Market and the Securities and Commodities Authority. It is a practical course which combined recent best practices and key learning lessons. I would highly recommend it for people involved in corporate governance and in particular in a listed company.

    Omran Al Zamani - Senior Legal Counsel - Dana Gas PJSC

  • Great program! Very well done and very useful information delivered in an excellent manner. The workshop was very inspirational, energizing, bringing lots of ideas, with both substantial and in-depth knowledge together with case studies. Well-balanced composition of participants, which contributed to interesting and focused discussions and exchanges. I would highly recommend it to anyone that is interested in improving their proficiency and core competencies.

    Hassan Murad Agha - Group Head of Compliance & Internal Control - Gulf General Investment Co. (PSC)

  • All companies should promote their boards, executive managers or staffs who have board responsibilities for subsidiary companies to attend corporate governance training. Hawkamah provides the ability for people and companies in the GCC to upskill in the area of corporate governance and directorship through a comprehensive programme teaching international best practice which has been tailored to regional specific governance issues.

    Alastair Mulligan - VP Asset Management - National Central Cooling Company PJSC (TABREED)

  • I am truly honored to attain this certification and I recommend the Compliance Heads of all DFM listed companies to participate and achieve this certification.

    Nabeel Mirza - Senior Director & MLRO - Compliance - GFH Financial Group B.S.C.

  • The workshop has added a level of professionalism to my practice. It addressed and discussed  the right concepts to promote better governance and effective support for business in line with rules and procedures.

    Osama Issaq Al Haj - Head of Legal & Board Secretary - Dubai Islamic Bank

  • A very interesting and informative course which has helped me to adapt my Board Secretary knowledge further to my role as Company Secretary.

    Hamad Al Hosani - Group Company Secretary - Emirates NDB Bank

  • Anyone who wants to enter the world of boards and governance; this is your passport.

    Jehad A. Kazim - Director - Legal Services Dubai Chamber

  • The Directors Development Program was one of the most beneficial programs I attend during my career life. The strength of the program comes from the way it was structured as each part covered very important aspects of the required management role.

    Nada Ishaq Abdul Karim - Manager - The Secretary of The Board of Directors - Bahrain Islamic Bank BSC

  • The DDP offered by the Hawkamah Institute is an excellent course to prepare directors to understand and fulfil their obligations properly as members of the board. I have benefitted immensely from this program and have started to implement some of the best practices taught on the boards that I am involved in.

    Amir Arab - Director - Havenvest Private Equity Middle East Limited

  • The Director Development Program is great way to gain insight and improved understanding in areas such as corporate governance and board functionality. I would highly recommend the program as a foundational step before they begin their board experience.

    Bindu Ann Joseph - Chief Operating Officer - 3W Networks

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