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.
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.