This section contains information, summaries and outcomes of the recent events of the Pearl Initiative.
Thomson Reuters Breakfast Briefing on Secure Board Processes, Dubai, UAE
On Thursday 28th November 2013 in Dubai, Thomson
Reuters and the Pearl Initiative held a complimentary breakfast briefing for
Pearl Initiative Partner Companies on how boards can effectively manage
evolving compliance requirements, information security risks and the
increasingly complex demands of global board governance.
Corporate Accountability and Transparency: Good Practices in the Gulf Region - 18 Nov 2013, Jeddah, Saudi Arabia
Higher standards of corporate
accountability and transparency, driven by the business case for doing so, are
a key foundation for the creation of economic opportunity and a genuinely
competitive and sustainable business environment. Robust frameworks for responsible and
transparent business practices can be furthered through strong alliances
between business, government and educational institutions - and the
articulation of value creation for both the private sector and society at large
in improving values and behaviour within the overall business environment.
Pearl Initiative & Nazaha High-Level Forum on: Best Practices for Protecting Integrity in Business and Combating Corruption , 17 Nov 2013, Riyadh, Kingdom of Saudi Arabia
Executives from 50 of the largest
global public companies working in Saudi Arabia, state owned enterprises,
chambers of commerce and industry councils, civil society (Saafah), United
Nations (UN), World Economic Forum (WEF), Transparency International (TI), and
government agencies including special invited guests representing the Saudi
Arabian General Investment Authority (SAGIA), Saudi Arabian Monetary Agency
(SAMA), Ministry of Commerce and Industry, Capital Market Authority (CMA),
Ministry of Finance, Ministry of Labor, and Ministry of Interior.
Saudi Student Competition Winners Trip - November 2013
The winning team’s prize trip to the UAE, from 5th to 7th November 2013, was kindly sponsored by Standard and Poor’s (S&P). The trip was designed to give the students access to a Leadership Summit, with inspiring Speakers, related to the topics of regional economic growth, corporate governance and transparency; as well as facilitate meetings with executives from companies clearly exhibiting leadership in these areas.
Pearl Initiative Integration Board Meeting, Dubai, UAE
The Pearl Initiative has formed an Integration Board, consisting of a Senior Executive from each of our Partner Companies, to ensure that we have full corporate engagement in the direction, execution and relevance of our programmes. The second meeting of the Integration Board was held at the PwC's offices in Dubai, UAE on 27th October 2013.
Family Firms Roundtable, 16th September 2013, Abu Dhabi, UAE
profile guest speakers including Fatima Al Jaber of the Al Jaber Group Abdullah Sharafi, President of Gerab National
Enterprises, Andrew Sharp of Majid Al Futtaim Holding, and Amin Nasser of
PricewaterhouseCoopers, gathered at the Park Rotana Abu Dhabi to discuss the
business case for governance practices in family firms in the Gulf region.
Pearl Initiative and UN Global Compact partnership to bring corporate responsibility principles to the Arab world
Initiative has signed a strategic partnership with the United Nations Global
Compact to collaborate on a number of programmes in countries across the Middle
East and North Africa.
Alongside 1,000 business and civil society leaders
gathered at the UN Global Compact Leaders’ Summit chaired by the UN Secretary
General Ban Ki-Moon in New York City, the Pearl Initiative joined together in
partnership with the UN Global Compact to champion universally accepted
principles for responsible business practices in the MENA region.
Pearl Initiative Integration Board Meeting, Sharjah, UAE
The Pearl Initiative has formed an Integration Board, consisting of a Senior Executive from each of our Partner Companies, to ensure that we have full corporate engagement in the direction, execution and relevance of our programmes. The first meeting of the Integration Board was held at the American University of Sharjah, UAE on 9th June 2013.
Pearl Initiative Roundtable on Corporate Practices in Anti-Bribery and Corruption in the Middle East - Dubai, UAE
Corporate Practices in Anti-bribery and Corruption is one of the Pearl
Initiative’s core areas of focus and it was obvious from attendance at our
recent roundtable, held in Dubai on 28 May, that it is a key area of interest
for the region.
Sponsored by Habtoor Leighton Group and supported by Ernst & Young,
Thomson Reuters and our other partner companies, the event brought renowned
speakers and business leaders to share their experiences, policies and vision.
Pearl Initiative Student Award Ceremony, Riyadh, Saudi Arabia
Pearl Initiatives' first Student Case Study
Competition Awards Ceremony in Saudi Arabia. The Student Case Study
Competition of corporate good practices in accountability and transparency was
in collaboration with the King Khalid Foundation and was kindly
sponsored by the Al-Muhaidib Group was held on Tuesday 14th May 2013.
Pearl Initiative, Alturki and YPO Roundtable on Governance Practices in GCC Family Firms, Khobar, Saudi Arabia
The Pearl Initiative, Alturki and YPO Roundtable on Governance Practices in GCC Family Firms was jointly held by the Pearl Initiative and PwC. The event was kindly hosted by Alturki on 19 February 2013 at Alturki Business Park in Khobar, Saudi Arabia.
A4S Annual Forum on Integrated Reporting, St James’s Palace, London
On Thursday 13th December 2012, Badr Jafar,
Co-Initiator of the Pearl Initiative, participated in the Annual Forum of The
Prince Of Wales Accounting for Sustainability Project (A4S) at St James’s
Palace State Apartments in London.
Pearl Initiative Roundtable on Corporate Accountability and Transparency Dubai, UAE
The Pearl Initiative held a Roundtable on Corporate Accountability and Transparency on Wednesday, 14th November 2012. Badr
Jafar opened the session by highlighting that the private sector is fuelled by
incentive and that companies need to be convinced of the benefits of and the
business case for high standards of corporate governance and accountability.
Pearl Initiative Roundtable Luncheon on Corporate Accountability in the Arab World United Nations Headquarters, New York
The Pearl Initiative held a high-level Roundtable Luncheon on the topic
of Corporate Accountability in the Arab World. The event was held at the
United Nations Headquarters, New York on Monday 24th September 2012.
Pearl Initiative Brings Leadership Guru, Robin Sharma, to Qatar’s next generation of leaders
The Pearl Initiative hosted the internationally recognized and respected Leadership Expert, Author and Speaker Robin Sharma at an event at Qatar University on Sunday, 20th May 2012 entitled “Integrity and Leadership for GCC Youth”
Pearl Initiative and CERT sign Memorandum of Understanding
Pearl Initiative has entered into a Memorandum of Understanding with the
Centre of Excellence for Applied Research and Training (CERT), the commercial
division of the Higher Colleges of Technology with a mandate to develop the
human resources of the UAE.
The Pearl Initiative held a CEO Summit on Ethical Leadership on 1st May 2012. The CEO Summit was under the patronage and in the presence of His Excellency Sheikh Nahayan Mabarak Al Nahayan, Minister of Higher Education & Scientific Research and Chancellor of the Higher Colleges of Technology, UAE at the CERT Campus (Center for Excellence for Applied Research and Training) in Abu Dhabi.
MBA student team presentation on GCC Good Practice Case Studies “Beyond Compliance”
On 22nd April 2012 in Dubai, a team of 5 MBA students on an intensive 4-week internship with the Pearl Initiative, from the University of Cambridge Judge Business School, UK and the American University of Sharjah (AUS), UAE presented their findings on GCC corporate good practice case study examples to an invited audience of 70 business leaders
Pearl Initiative event at Abu Dhabi University on “Integrity and Ethics in Business for the Next Generation of Leaders”
The Pearl Initiative held an event at Abu Dhabi University on 12th April 2012 with 300 future business leaders. The session brought corporate leaders and role models from the region together with Abu Dhabi University students to discuss ethical practices in business
Pearl Initiative Roundtables on Corporate Good Practices in Anti-Bribery and Corruption
The Pearl Initiative held Roundtables on Corporate Good Practices in Anti-Bribery and Corruption – in Qatar and Bahrain on 13th and 14th March 2012. More than a hundred and eighty chief executives and senior finance, accounting, audit, compliance, legal, and governance professionals, from private and public companies and government institutions, participated in the interactive roundtable sessions. The aim was to facilitate the sharing of insights and learning between organisations with experience and interest in improving policies and actions to mitigate the risk of possible corruption throughout their organisations.
From 2nd-5th March 2012, The School of Business and Management at American University of Sharjah, along with the Pearl Initiative, hosted the TIRI Arab Integrity Education Network. This is a network of professors from Universities across the Arab world working together to develop meaningful and empowering courses in Arabic that help students build values, integrity and a toolkit for implementation in future working life. This meeting was a working group of 28 Professors coming together to develop a full-semester course curriculum on ethics in Arabic.
Pearl Initiative Participates at ECOSOC Event in New York
Badr Jafar, the Co-Initiator of the Pearl Initiative, delivered an address at the closing session of the United Nations Economic and Social Council in New York on 27th February 2012, giving the 500 delegates a bracing analysis of the employment problems facing the youth of the Middle East.
Pearl Initiative Roundtable on Integrated Reporting
A Pearl Initiative Roundtable on Integrated Reporting was held in Abu Dhabi on 14th February. Along with the Association of Chartered Certified Accountants (ACCA) and the Abu Dhabi Sustainability Group, more than fifty senior finance, accounting, compliance, sustainability and governance professionals participated in the interactive roundtable session – with the aim of facilitating the sharing of insights and learning between organisations with experience and interest in greater levels of sustainability and financial reporting.
Pearl Initiative CEO Roundtables on Good Governance
Two Pearl Initiative CEO Roundtables on Good Governance were held on 18th
December in Dubai and 19th December 2011 in Riyadh.
“The CEO Roundtable
was a great first step in promoting open discussion of the issues and spreading
awareness. It could not have been
executed better – brief and to the point. Business leaders were fully engaged.”
Abdulla Mazrui, Chairman, Mazrui Holdings
Integrated Reporting Roundtable, Dubai, 29th November 2011
An Integrated Reporting roundtable workshop was held jointly by the Pearl Initiative, the Centre for Responsible Business at Dubai Chamber of Commerce & Industry, the Institute of Chartered Accountants in England and Wales, and the Institute of Chartered Accountants of India. The workshop took place on 29th November 2011 and was hosted at the Dubai Chamber of Commerce. Around thirty five senior finance, accounting, compliance and governance professionals participated in the interactive workshop session.
The Pearl Initiative and the World Economic Forum Partnering Against Corruption Initiative (PACI) held a joint private session within the World Economic Forum Special Meeting on Economic Growth and Job Creation in the Arab World – on 23rd October 2011, at the Dead Sea in Jordan. Forty three business leaders participated in the working lunch session.
“The Workshop was a good forum to exchange and share experiences on the role of private sector companies in fighting corruption.” Iyad Malas, CEO, Majid Al Futtaim
Inaugural Board Meeting of the Pearl Initiative Board of Governors
The Pearl Initiative held its Inaugural Board Meeting at the American University of Sharjah (AUS) on April 19th in the presence of the Initiative’s Honorary Chairman, His Highness Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Higher Education of the UAE.
Badr Jafar Speaks on Social Entrepreneurship to the AUS Deans List
Badr Jafar, Executive Director of the Crescent Petroleum Group of companies, founder and CEO of Crescent Investments, founder and Chairman of Gas Cities, and joint Initiator of the Pearl Initiative, was invited to deliver a keynote speech on 21 December to the annual Dean’s List at the American University of Sharjah. Mr. Jafar, in a wide-ranging address, discussed the growing importance of social entrepreneurship in the Middle East, why philanthropy is crucial in approaching the region’s social and economic challenges, and described the Pearl Initiative and its vision for creating a culture of accountability, social responsibility and business transparency in the region.
Close to 100 business leaders and policy makers gathered at the United Nations to introduce the Pearl Initiative, a private sector-led program aimed at improving corporate governance, accountability, and smart CSR practices of business activities across the six countries of the Gulf Cooperation Council (GCC). The gathering was hosted at the UN and organized under the auspices of the United Nations Office for Partnerships, the Crescent Group of the United Arab Emirates, and the American University of Sharjah.