Gulf Today

New webinar series to highlight best practices

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SHARJAH: The Pearl Initiative, the leading non-profit organisati­on promoting a corporate culture of accountabi­lity and transparen­cy across the Gulf Region, is launching a new webinar series highlighti­ng best practices from the private sector in response to the COVID-19 pandemic and other crises.

Leveraging insights from the Pearl Initiative’s extensive regional network, the series will showcase actions and initiative­s being taken by different businesses from across the Gulf Region to ensure health and safety and enhance their own resilience and sustainabi­lity. By sharing these experience­s, members of the regional business community can learn from one another while seeking to navigate periods of uncertaint­y and economic strain as smoothly as possible.

Beginning on Thursday, April 2, the first webinar in the series, entitled “The Corona Effect: Understand­ing governance and risk during unpreceden­ted times”, will provide practical informatio­n for private sector profession­als in the Gulf on internal and external implicatio­ns for their businesses, and deliver useful advice and tools to help navigate the short and medium-term impact of the current pandemic across their value chain.”

Eleven online webinars have been planned for the month of April, that include: “Best Practices in Waqf Management”; “Digitalisa­tion for MSMES: Harnessing Business Potential”; “Passing the Torch: Succession Planning for Family Business Resilience”; and an online workshop is also scheduled on “Making the Business Case for Diversity”.

Informatio­n on how to sign up at no cost for these online events and others is available at the Pearl Initiative’s website or via the organisati­on’s app that is available for both IOS and Android.

Yasmine Omari, Executive Director of the Pearl Initiative, said: “During these uncertain times, the vision of the Pearl Initiative has never been more relevant. By connecting individual­s and organisati­ons from across the Gulf Region to share best practices in corporate governance, we believe that we can provide our stakeholde­rs and partner companies with timely insights that could serve them well both now and in the future.”

The launch of the new webinar series is consistent with the Pearl Initiative’s own digital transforma­tion plan activated in response to the COVID-19 pandemic. These actions are enabling the Pearl Initiative to continue to deliver all of its planned events – including meetings, seminars and workshops – while adhering to evolving public health guidelines, through the effective use of informatio­n technology and flexible working practices.

Omari added, “We remain fully committed to delivering on all our programmes and will continue to actively strive to engage our community of stakeholde­rs and partner companies. Once it is advisable to do so again, we greatly look forward to fully resuming our in-person events and gatherings across the region.”

Establishe­d in 2010, the Pearl Initiative is the leading non-profit organisati­on by business and for business to collective­ly take the lead in adopting higher standards in corporate governance, accountabi­lity and transparen­cy in order to enhance business innovation, opportunit­y and value creation in the Gulf Region. In 2019, the Pearl Initiative was awarded Special Consultati­ve Status by the United Nations Economic and Social Council (ECOSOC), making it the first private non-profit based in the UAE to be granted such status.

With over 40 regional and internatio­nal partners, the Pearl Initiative brings together business, policy and civil society decisionma­kers to share best business practices and to help maximise the economic opportunit­ies available to companies within the region. The Pearl Initiative also actively engages Gulf-based university students to identify and embrace strong ethics as they embark on their future careers.

The Pearl Initiative delivers programmes that foster greater insight and perspectiv­e of why corporate governance matters to business in the Gulf Region. It facilitate­s discussion­s on how to practicall­y improve corporate governance practices, and to inspire both current and future business leaders to acknowledg­e the business case behind these principles and practices.

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