Hawkamah and Amsterdam Institute of Finance Team Up to Provide Financial Training for Business Leaders in the MENA Region
Hawkamah and Amsterdam Institute of Finance Team Up to Provide Financial Training for Business Leaders in the MENA Region
This website uses cookies in order to offer you the most relevant information. Please accept cookies for optimal performance. Find out more

Hawkamah Institute for Corporate Governance (Hawkamah), a subsidiary of the Dubai International Financial Centre Authority, announced today that it signed a Memorandum of Understanding (MoU) with Amsterdam Institute of Finance (AIF) to actively promote and improve corporate governance practices in MENA region, through the provision of financial training. Amsterdam Institute of Finance is a financial training organisation that was established in 1990 to provide independent training for financial specialists and senior management, including lawyers and consultants. AIF prides itself on delivering a large portfolio of high quality courses, delivered by the world’s leading experts in their fields. In fact, AIF has been awarded with a number of accreditations for its courses, demonstrating their commitment to consistently exceed international industry standards. The main objectives of the Memorandum are to:

  • Improve corporate governance practices in private and public sector entities, including listed companies, banks and financial institutions, family-owned enterprises, small and medium enterprises and state-owned enterprises.
  • Help develop national legal and regulatory frameworks, in cooperation with both the public and private sectors.
  • Cooperate on corporate governance institution-building, develop a communication strategy, and train and develop investors, directors, managers and other stakeholders on good corporate governance.

Hawkamah and AIF will also cooperate on specific projects across the MENA region such as

  • Establishing a Hawkamah Institute of Directors
  • Organising annual conferences and seminars to promote and increase knowledge of corporate governance
  • Developing a network of corporate governance academic experts
  • Encouraging further research on the technical and practical aspects of corporate governance
  • Establishing national corporate governance task forces to raise awareness of corporate governance

Dr. Nasser Saidi, Executive Director of Hawkamah, said: “This alliance is another significant step in achieving Hawkamah’s region-wide goals, reinforcing our commitment to support open and transparent markets as well as relevant and enforceable corporate governance regimes. The collaboration enables Hawkamah to draw upon Amsterdam Institute of Finance’s solid expertise in financial training, which not only helps to further raise awareness of corporate governance across the Middle East and North Africa, but also equips the region’s leaders and managers with the essential tools required to enable their businesses to compete even more effectively on the world stage.” Dr. Andre Van Iersel, Chairman of the Board of Amsterdam Institute of Finance, commented: “Amsterdam Institute of Finance fully supports Hawkamah’s ambitions to establish a sound regulatory framework, which will undoubtedly attract further investment to the region, and we are very focused on making a contribution to this initiative,. As a major banking hub at the heart of the MENA region, the DIFC provides the ideal platform for us to provide financial training and develop local skills and capabilities. We are certain that businesses operating across the region will benefit from this partnership and we look forward to working together on the numerous projects that we have planned with Hawkamah.” Hawkamah is an autonomous, regional entity whose mission is to assist countries and companies of the wider MENA region in developing sound and globally well-integrated corporate governance frameworks and practices.


  • ‘’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

Latest tweets

RT @ASteiner: Out of 187 parliaments 🌐, only 13 are close to equal representation in #GenderParity. See how @UNDP and partners are leadi…