Dear members,

As we come towards the end of 2016, it has been eventful year. Across the globe, the world of business has been shaken by a wave of new leaders and the dawn of Brexit, as well as a possible ‘Frexit’.

In the context of a turbulent global climate and more recent corporate scandals such as Toshiba, VW and Wells Fargo, this month’s newsletter focuses on the importance of ethical leadership as both a fillip and a long-term stabiliser for business. See our exclusive columns from Dr Waddah Ghanem and Professor Deon Rossouw to find out how good business directly leads to profitable business and sustainable business. We’ve also explained how the UAE’s recent announcement of a new bankruptcy law is an unexpected boon for the country and could help to improve local business sentiment.

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Professor Deon Rossouw: How to create an ethical workplace

In an exclusive column, the CEO of The Ethics Institute in South Africa outlines his steps to success for creating an ethical culture in the workplace, from defining desired behaviours to motivating staff to implement them throughout your organisation.

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Director Development Program

GCC BDI’s Director Development Program is designed to broaden and deepen director education within a professional framework. New workshops are being introduced so that participants can choose, at each level of development, how to enrich their knowledge and expertise. We will be running workshops in Manama, Dubai and Riyadh in the coming months.

See the events calendar and find out more here.

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Voice of a BDI member

Dr Waddah Ghanem, ENOC

As the director of EHSSQ for ENOC, Waddah Ghanem is one of the region’s foremost authorities on corporate governance. In an exclusive interview, he spills the beans on his strategies for creating a truly ethical work environment.

GCC BDI signing MOU with the Securities and Commodities Authority (SCA)

Dubai, 27 October 2016 – The Securities and Commodities Authority (SCA) and GCC Board Directors Institute (BDI) have signed an MOU designed to strengthen corporate governance among listed companies in the UAE. The signing ceremony took place on Thursday, 27 October, in Abu Dhabi.

The MOU aims to increase cooperation between the two parties, particularly in the areas of advocacy, and raise awareness of the importance of effective corporate governance.

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Board Directors Remuneration Survey

GCC BDI invites you to take part in the region’s first board directors’ remuneration survey.

“This survey will enable participating companies to more effectively structure board directors’ remuneration and ensure alignment to current market practices and regulations.”

GCC BDI, in collaboration with Heidrick and Struggles, is pleased to invite your organisation to participate in our survey on regional board directors’ remuneration.
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GCC BDI Networking Events

Reserve your seat today for our next BDI Alumni dinner in Bahrain, 6 December 2016

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Reserve your seat today for our upcoming workshop “Getting the Best Out of Board Committees, Dubai – UAE”

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