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Wednesday, November 11 - 2009

British Business Group event highlights rise of 'corporate governance' in the region

  • United Arab Emirates: Wednesday, December 06 - 2006 at 12:04
  • PRESS RELEASE

The rise of 'corporate governance' in the GCC and the drive towards increasing the accountability, transparency and efficiency of companies in the region will be under the spotlight at an event hosted by the British Business Group next week.

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  • Dominic Treays, chairman of the BBG's Legal Special Interest Group, looks forward to a lively discussion about the rise of corporate governance in the region.
    Dominic Treays, chairman of the BBG's Legal Special Interest Group, looks forward to a lively discussion about the rise of corporate governance in the region.
Company secretaries from leading UAE companies including the Majid Al Futtaim Group LLC and Dubai International Financial Exchange (DIFX) will be among the main speakers taking part in the discussion forum at The Fairmont Dubai on December 11.

The breakfast event, which is open to both members and non-members of the British Business Group (BBG), will examine how emphasis on corporate governance can not only build a strong culture of fairness in the region, but also improve a company's decision-making process and its bottom line performance.

Definitions of the concept of 'corporate governance' include the promotion of corporate fairness, transparency and accountability and the establishment of efficient and well-defined management and organizational structures.

BBG member Dominic Treays, who is chairing the event, said:

"Organisations and authorities in the region are increasingly pushing for a stronger recognition of and commitment to corporate governance. We will be looking at how the implementation of corporate governance in this region fits with international standards, what demands this has on the role of a company secretary and what we can expect in the future. We are expecting a lively discussion and strongly encourage any company secretaries to join us."


The event is one of a regular programme of meetings held by the BBG's Legal Special Interest Group, which is targeted at BBG members and non-members with an interest in the law or legal topics. The BBG also has a range of other Special Interest Groups covering fields including banking and finance, construction, education and insurance.
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Notes and media contacts

Anyone interested in attending the event on December 11 should contact the BBG on 04 3970303

The British Business Group, Dubai & Northern Emirates, more usually known as the BBG, was set up in 1987 to encourage the development of British business in the UAE. It undertakes a wide range of activities from communicating with decision makers and testing British goods to sharing best business practice and arranging networking events for its members.
The BBG is led by an elected committee of members and operates under the auspices of the Dubai Chamber of Commerce & Industry. It is recognised by the UAE authorities as the representative body of British companies and individuals operating in Dubai and the Northern Emirates.
Since its inception the BBG has undergone huge growth and now has more than 850 members and holds around 70 networking events, forums and seminars each year. It is widely recognised as one of the largest and most active business groups in the Gulf and is preparing to celebrate its 20th anniversary next year.
Its activities include a cost-effective Product Testing Service that allows British companies to identify how their product or service would compete in the regional markets. The BBG is also the official body for provision of British Standards in Dubai and the Northern Emirates.

The BBG's events include regular monthly working luncheons, dinner and breakfast meetings and networking sessions, which provide a forum for members and guests to discuss their views and frequently feature guest speakers from the British and UAE business worlds. Its monthly Special Interest Groups provide a forum for members with a common interest and include Banking & Finance, Construction, Education and Real Estate.

For further information, contact:

Doreen Cameron
Office Manager
British Business Group
Tel: 04 3970303
Fax: 04 3970939

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