MoU Between Hawkamah and the UAE State Audit Institution Aims to Strengthen Public Sector Governance
MoU Between Hawkamah and the UAE State Audit Institution Aims to Strengthen Public Sector Governance
This website uses cookies in order to offer you the most relevant information. Please accept cookies for optimal performance. Find out more
×
The Hawkamah Institute for Corporate Governance and the UAE State Audit Institution (SAI) today signed a Memorandum of Understanding (MoU) aimed at improving corporate governance within the UAE Public Sector and its state-owned enterprises. The agreement reflects both Hawkamah and SAI’s strong commitment to promoting corporate governance, particularly with regard to state-owned enterprises, where high levels of corporate governance can deliver enormous benefits. According to Dr. Nasser Saidi, Executive Director of Hawkamah, these benefits include “improvement in the quality of public services, better public financial management, greater transparency and protection of the state’s interests. By joining hands in this way to promote corporate governance, we send a strong message that we will work together to overcome the corporate governance challenges faced by the UAE’s state-owned enterprises and government related enterprises” SAI is mandated by federal law to conduct independent audits across federal ministries and other entities in which the UAE government has partial or full ownership, with the goal of supporting the objectives of the UAE Federal Government. Dr. Harib Al Amimi, President of SAI, said, “At SAI,  we are committed to promoting global best practices and helping to embed corporate governance more deeply into the operations of public sector organisations in the UAE. We are taking clear steps in that direction. Through this agreement and our work with Hawkamah, we can further contribute to the improvement of corporate governance, financial management and operational performance within the UAE public sector.” The MoU provides a framework for Hawkamah and SAI to collaborate across a range of fields. Both organisations will undertake joint activities aimed at raising awareness of, and further developing, public sector governance; developing educational materials to promote good governance; promoting governance through SAI employees; making presentations at professional development activities organised by Hawkamah; and providing SAI employees with opportunities to pursue continuing professional development through involvement in Hawkamah activities. Under the agreement, SAI will also work with Hawkamah to conduct corporate governance research in the UAE. 71 From Right to Left:
  • Dr Nasser Saidi, Executive Director, Hawkamah-The Institute for Corporate Governance
  • Dr. Harib Al Amimi, President of SAI
 

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

Latest tweets

@Hawkamah
The Hawkamah Institute for Corporate Governance is proud to announce the joining of @mohapuae as a Gold Sponsor for… twitter.com/i/web/status/1…
twitter

Videos

Partners