Corporate governance in MENA: Building a framework for competitiveness and growth is the outcome of work conducted by the MENA-OECD Working Group on Corporate Governance, under the auspices of the MENA-OECD Competitiveness Programme. The OECD is most grateful to the Swedish International Development Co‑operation Agency for their continued support of this work.
The report was written under the guidance of Fianna Jurdant, Programme Leader, OECD.
The OECD would like to acknowledge the contributions of the following individuals and organisations:
Chapter 2, “Facilitating access to finance and capital markets”, was developed by Aysegul Eksit. The chapter benefits from the input of an expert thematic focus group composed of Khalid Al Zaabi (Securities and Commodities Authority, UAE), Fadi Khalaf (Arab Federation of Exchanges), Hamed Al Busaidi (Capital Market Authority of Oman), Nick Nadal (Hawkamah, The Institute for Corporate Governance) and Hawkama El Djazair, Algeria.
Chapter 3, “Improving transparency and disclosure in MENA”, was developed by Aysegul Eksit. The chapter benefits from the input of an expert focus group composed of Rainer Geiger (Finance Watch), Shahad Abdulaziz Alissa (Capital Market Authority of Saudi Arabia), Bouchara El Falaki (Autorité Marocaine du Marché des Capitaux) and Mohsen Adel (Egyptian Exchange).
Chapter 4, “Achieving gender balance in corporate leadership”, builds on desk research by Addie Erwin. OECD research, drafting and editorial contributions were provided by Carla Meza and Catriona Marshall, under the guidance of Fianna Jurdant (OECD, Directorate for Financial and Enterprise Affairs). Valuable comments were provided by Nicola Ehlermann and Charlotte Goemans (OECD Global Relations Secretariat), and the UAE Securities and Commodities Authority. Policy options benefited from the input of an expert focus group composed of Lamia El Bouanani (Moroccan Institute of Directors), Iman Al Damen (Jordan Forum for Business and Professional Women), Yehia El Husseiny (International Finance Corporation) and Rasha El Hassan (Rami Makhzoumi Corporate Governance Initiative), led by Catriona Marshall (OECD).
Chapter 5, “Enhancing governance of state-owned enterprises”, was prepared by Korin Kane (OECD, Directorate for Financial and Enterprise Affairs), with oversight by Fianna Jurdant and Hans Christiansen. Valuable comments were provided by Nicola Ehlermann (OECD Global Relations Secretariat) and the UAE Securities and Commodities Authority. The chapter benefited from contributions from an expert focus group composed of Samih Abdelaziz, Fatima Barnoussi, Ahmed Belfahmi and Mustapha Boukhou (Ministry of Economy and Finance, Morocco); Munqith Al Baker (Iraqi Institute for Economic Reform); Ali Harbi (Hawkamah El Djazair, Algeria); Mohamed Hassouna (Ministry of Public Business Sector, Egypt); Nick Nadal and Ashraf Gamal (Hawkamah Institute for Corporate Governance, UAE); and Shahzad Khan (Mubadala, UAE).
The report was edited by Mary Bortin, and project co-ordination was provided by Katrina Baker (OECD).