Friday, September 22, 2006

Hawkamah and Egyptian Institute of Directors work to improve corporate governance in MENA state owned enterprises


The Hawkamah Institute for Corporate Governance, a subsidiary of the Dubai International Financial Centre (DIFC) Authority, has signed a memorandum of understanding (MoU) with the Egyptian Institute of Directors (EIoD).

An initiative launched by the Ministry of Investment, Egypt, the EIoD is an independent organisation tasked with raising awareness of corporate governance issues among Egyptian corporations, financial institutions, and other stakeholders.

The MoU is primarily designed to highlight the need for corporate sector reforms and improve corporate governance in public and private sector entities in the MENA region, particularly within state-owned enterprises.

See full Article.