The Pearl Initiative recently held a special dialogue session in collaboration with Zubair Small Enterprises Center (Zubair SEC) to address how corporate governance practices can help micro, small and medium enterprises (MSMEs) navigate growing economic challenges and boost business outcomes.
The session was organized as part of Zubair SEC’s “Tajribati” monthly dialogue initiative, which hosts a number of prominent speakers and experts in governance and MSMEs in Oman and participating MSMEs at Bait Al-Zubair. This is the second time Pearl Initiative, a business-led nonprofit advocating corporate accountability in the Gulf region, has run governance-related sessions with Zubair SEC.
Yasmine Omari, executive director at the Pearl Initiative, said: “The Pearl Initiative is consistently at the forefront of promoting a culture of corporate governance, accountability and transparency in the Gulf region. Our engagement with MSMEs on this front is crucial when considering the vital role these businesses play in boosting national and regional economies. A strong MSME sector — fueled by stringent corporate governance practices — will contribute to stronger economies, markets and overall development.”
The event, titled “Governance for Sustainable Growth: Enhancing MSME Outcomes,” highlighted the key role corporate governance practices can play in boosting the profiles of small businesses by making them more appealing to stakeholders, such as investors.
