New milestone in corporate governance – GulfToday – Gulf Today

New milestone in corporate governance – GulfToday – Gulf Today

A grand view of the Dubai International Financial Centre in Dubai.

Inayat-ur-Rahman

, Business Editor

Hawkamah, the Institute for Governance, has announced that it has achieved a new milestone in corporate governance in the Middle East as companies in the region embrace good corporate governance to attract more investment. The institute has now certified 190 Board Secretaries and 170 Certified Directors, demonstrating its commitment to improving regional corporate governance practices.  

 Corporate governance is globally recognised as critical to business success and sustainability. Studies show that companies with strong corporate governance practices are 29% more efficient at generating profits and are more attractive to investors due to better stock market performance and returns. Hawkamah’s certification programmes, including the Director Development Programme and the Company Board Secretary Workshop, are vital in advancing regional corporate governance practices and promoting transparency, accountability, and responsible business practices.

Dr Ashraf Gamal El Din,