The Pearl Initiative, a business-led non-profit organization promoting corporate transparency and accountability in the Gulf region, held a workshop in collaboration with Zubair SEC, in Muscat on April 24 and 25. The workshop was the first in a series scheduled for 2019, and was led by a representative of the International Finance Corporation (IFC), a subsidiary of the World Bank Group.
The workshop focused on how micro, small, and medium-sized enterprises (MSMEs) in Oman can benefit by adopting corporate governance practices to ensure enhanced business outcomes. In 2017, the Pearl Initiative published a report which highlighted that MSMEs were unaware of the benefits that corporate governance could bring to their business or did not prioritize corporate governance for their business outcomes.
The workshop worked to change this perception and bring Omani MSMEs to the table with practical methods and tools from industry experts.
“This workshop series is a result of the growing recognition of the necessity for corporate governance training for local MSMEs,” said Yasmine Omari, executive director at the Pearl Initiative.
“Governance is not just for established companies — businesses of all sizes can and should use good governance practices. We thank Zubair SEC and IFC for promoting the value of corporate governance for regional MSMEs and highlighting how it can help solve some of their most pressing issues.”
The workshop focused on how micro, small, and medium-sized enterprises (MSMEs) in Oman can benefit by adopting corporate governance practices to ensure enhanced business outcomes. In 2017, the Pearl Initiative published a report which highlighted that MSMEs were unaware of the benefits that corporate governance could bring to their business or did not prioritize corporate governance for their business outcomes.
The workshop worked to change this perception and bring Omani MSMEs to the table with practical methods and tools from industry experts.
“This workshop series is a result of the growing recognition of the necessity for corporate governance training for local MSMEs,” said Yasmine Omari, executive director at the Pearl Initiative.
“Governance is not just for established companies — businesses of all sizes can and should use good governance practices. We thank Zubair SEC and IFC for promoting the value of corporate governance for regional MSMEs and highlighting how it can help solve some of their most pressing issues.”
