MENA-OECD Corporate Governance Working Group Video Conference
The UASA’s General Secretariat represented by the Secretary General, participated in the video conference organized by the MENA-OECD Corporate Governance Working Group, in which the conference discussed the recent corporate governance developments in the MENA Region, including the impact of COVID-19, as well as the progress and challenges in implementing strategies to improve access to capital markets. The conference also reviewed the achievement and impediments related to the actions taken for greater transparency and disclosure.
In addition, the conference highlighted the progress and the obstacles with regards to bringing gender balance in corporate leadership, as well as the implemented change that will help boost the governance state-owned enterprises. The conference also presented key policy areas that will help improve future work.
It is worth mentioning that the MENA-OECD initiative on governance and competitiveness for development facilitates cooperation between the OECD and the MENA region to promote policies for sustainable and inclusive growth. Since 2005, the initiative addresses regional needs and development priorities, where it provides targeted support to practicing jurisdiction, building on the OECD’s work methods of analysis, policy dialogue, exchange of good practices and capacity building for the implementations of reforms. The mandate of the initiative has been renewed for 2021-2025 with enhanced strategic orientations.