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Shaikh Ahmed launches SMEs corporate governance code

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DUBAI — Shaikh Ahmed bin Saeed Al Maktoum, Chairman of the Economic Sector Committee, President of Dubai Civil Aviation and Chairman and Chief Executive of Emirates airline and Group, launched the first-ever code of corporate governance for SMEs, in the presence of Sultan bin Saeed Al Mansouri, the UAE Minister of Economy; Sami Al Qamzi, director general of the Department of Economic Development (DED); and Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME. The launch came during the first-ever conference for corporate governance for SMEs held by Dubai SME.

Published: Wed 28 Sep 2011, 11:06 PM

Updated: Tue 7 Apr 2015, 5:59 AM

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  • (Staff Report)

The conference and the code of corporate governance have significance in the ongoing evolution of corporate governance as a differentiator and enabler in organisational growth and overall economic development. The primary aim of the conference is to create awareness among Dubai’s SMEs the importance of embracing corporate governance early and now so as to be bankable and investable for sustainable growth.

The primary aim of the conference is to create awareness among Dubai’s SMEs the importance of embracing corporate governance early and now so as to be bankable and investable for sustainable growth.

It is also about building a professional and quality organisation. This is the broad theme of the conference. Based on the aim and theme of the conference, there will be two streams structured by panel discussions as follows: Trends, Principles and Common Sense Practices of Corporate Governance for SMEs; and Preparing Growing SMEs and Family-run businesses for Investors. Expert Speakers from the OECD, IFC, IASB/IFRS will speak on various facets of corporate governance. A local SME, e-Home, will share its experiences on its corporate governance journey. — business@khaleejtimes.com



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