Global Investment House "Global" said today that sponsored a corporate governance forum held in United Arab Emirates (UAE) that addressed ways to improve corporate governance framework in the region.
Hawkamah, the institute for corporate governance, organized the two day forum at the Dubai International Financial Center in Dubai, UAE from November 26-27, under the title “Towards sound and efficient financial markets and banking systems”, with leading figures from both local and international arena.
Global sponsorship to the forum stems from its belief that such forums will help companies strengthen corporate governance in their structure and processes to enhance transparency and international business standards.
In the past few years, corporate governance has received great attention from the public and private sector, and Global support will serve the regional policy aimed in implementing and efficiently coordinating policies and international codes in both sectors.
The forum addressed the policies and the challenges to corporate governance reforms in the Middle East and North African (MENA) region. In addition, the organizer aimed to assist countries and companies of the region by analyzing, researching, and reporting on the state of the countries advancement.
Some of the keynote speakers and participants include; Sheikh Lubna bin AlQaisimi, UAE Minister of Commerce, Sheikh Salm AlSabah, Kuwait Central Bank Governor, Dr Nasser Saidi, Executive Director for Hawkamah, Mr. Fadi Ghandour, CEO Aramex, and Ms. Lubna Olaiyan from Olaiyan Group.
All will contribute their experiences and their recommendations to help raise awareness of this important issue.
Hawkamah is a resource center that focuses on the level of corporations and enterprises and will assist countries with technical reform.
About Global Investment House “Global”
Global Investment House “Global” is a full-fledged investment company incorporated in 1998, and falls under the regulation of the Central Bank of Kuwait. Its underlying foundation is to meet the high expectations of local and international clients, and to enhance the investment service industry in Kuwait and the region. Today, Global stock lists on the Kuwait, Bahrain, and Dubai Stock Exchanges, with branches and affiliates in Bahrain, Dubai and Abu Dhabi (UAE), Jordan, Qatar, and Sudan. Global plays an important role in promoting investment opportunities in the Arabian Gulf Peninsula to investors through expert financial engineering, in-depth research and reports to advance the capital market in the region. Thus, Global’s achievements have been recognized on local, regional, and international levels. The company’s current assets under management reached KD 2.021 billion (USD 7 billion) as at 30 September 2006.
