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Corporate governance

UK Bribery Act 2010 could affect UAE companies

How the UK Bribery Act affects UAE companies

The UK Bribery Act generally affects UK residents and citizens but it may affect companies in the GCC in ways they may not be aware of...

October 15, 2012 4:11
 
Putting the pressure on progress for corporate governance

Putting the pressure on progress for corporate governance

Investors must push companies for better regulation and best practices, if corporate governance is ever going to move forward in the GCC.

April 13, 2011 12:31
 
The Business of… Corporate Social Responsibility

The Business of… Corporate Social Responsibility

When corporate cash meets social responsibility, it’s a win-win opportunity for investors, consumers, and societies. Pity it doesn’t always work out that way.

June 2, 2010 5:42
 

Damas founders fined $4 million for ‘unauthorized transactions’

Dubai Financial Services Authority takes action on Abdullah brothers for their 'failure to exercise appropriate corporate governance'.

March 21, 2010 1:30
 
Damas digging deep

Damas digging deep

The jewellery company has appointed PWC as an external auditor to scrutinize the “unauthorized transactions” performed by its ex-CEO.

October 15, 2009 4:20
 
Family businesses not into “financial wizardry”

Family businesses not into “financial wizardry”

If there’s any business that will survive the credit crisis, it’s a family business. Professor Ludo Van der Heyden, INSEAD, explains why.

December 14, 2008 7:39
 
Fraud, fraud, everywhere

Fraud, fraud, everywhere

The numbers are out: Fraud is rife in the GCC. And with the financial crisis threatening to ruin businesses, it’s likely to get worse

October 27, 2008 2:02