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DIFC established Mudara - Institute of Directors
- United Arab Emirates: Tuesday, February 12 - 2008 at 13:17
- PRESS RELEASE
The Dubai International Financial Centre (DIFC) today announced the establishment of - Mudara- The Institute of Directors (IOD), a leading initiative for the region to promote excellence at board level and facilitate professional development through education, networking, and services to members.
Mudara - The Institute Of Directors (IOD) is a representative body for directors and professionals in leading corporations in good business principles and practices with membership drawn from private and public sector enterprises in the Middle East and North Africa region (MENA). Established at the DIFC, the IOD's vision is to be the region's leading international best practice professional membership organisation for directors.
Under the leadership of its Executive Director, Khalid Al Sowaidi, and its Executive Director of Operations, William Foster, the Mudara - Institute Of Directors (IOD) aims to promote board effectiveness, so as to make a very positive contribution to the performance of enterprises and economies, and thereby, to the wellbeing of the region.
IOD will provide a range of services and relevant governance information to members through organised communications and activities, such as dialogue, advocacy, conferences, seminars, courses and advisory services.
In addition to offering a wide range of services, IOD will enable members to benefit by drawing from the experience and expertise of a network of IOD branches and partnerships with recognised affiliate organisations.
The IOD initiative will also allow senior directors to share their skills and knowledge with IODM members and with a wider group of young leaders in the region.
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Notes and media contacts
Media enquiries:Amira Abdulla
PR Manager
Dubai International Financial Centre
Tel: +971 4 362 2433
Shaima Al Zarouni
Assistant PR Manager
Dubai International Financial Centre
Tel: +971 4 362 2432
Iman Ahmad
Regional Media Relations Manager
Dubai International Financial Centre
Tel: +971 4 362 2685
About the DIFC:
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services.
In just three years, over 500 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards.
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Posted by Anne-Birte Stensgaard, Senior News Editor
