Corporate Governance in the Middle East and North Africa (MENA)

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Key Projects

In 2005, the Working Group issued a Survey on Corporate Governance, comparing legal frameworks and developments in the region and including a set of policy conclusions. The survey also provided background for the development of recommendations set out in the Dubai Declaration and for the launch of key initiatives on the corporate governance of banks, state-owned enterprises and insolvency.

Two regional taskforces have been formed to work more specifically on the issue of corporate governance of banks and the corporate governance of state owned enterprises, and policy briefs with recommendations.

Meetings and Rountables

• November 2009, Working Group meeting (forthcoming)
• October 2009, Banking Task Force meeting (forthcoming) 
• 26-27 May, 2009, Dubai, UAE, Regional Symposium on Insolvency and Creditor Rights in the MENA countries
• 28-29 May, 2009, Beirut, Lebanon, Reinforcing Financial Supervision and Regulation - Lessons from the Crisis
• 15 June, 2009, Cairo, Egypt, Third Annual Conference of the Egyptian Institute of Directors (EIOD)
• 10 November 2008, Doha, Qatar
• 27 November 2006, Dubai, UAE
• 14-15 September 2005, Rabat, Morocco
• 14 February 2005, Amman, Jordan

Key documents

• Dubai Declaration on Corporate Governance
• Survey on Corporate Governance
• Corporate Governance of Banks Building Blocks
• Building Sound Insolvency Systems

For more information about the MENA Investment programme

This initiative is part of the broader MENA-OECD Investment Programme, aiming to assist efforts to mobilise investment as a driving force for economic growth and development in the region. The Working Group benefits from the support of the Global Corporate Governance Forum, the International Finance Corporation, and the Centre for International Private Enterprise. It works closely with home grown institutions and initiatives, such as the Hawkamah Regional Institute for Corporate Governance and the Union of Arab Banks.