Pearl Initiative

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Pearl Initiative
AbbreviationPI
FormationSeptember 2010; 15 years ago (2010-09)
Region served
Persian Gulf region of the Middle East
Founders
Badr Jafar
Amir Dossal
Executive Director
Ranya Saadawi
Websitewww.pearlinitiative.org

The Pearl Initiative is a non-profit organization founded in 2010 that focuses on corporate governance, accountability and transparency in the Persian Gulf region.[1][2]

The organization publishes reports,[3] and holds regular events.[4][5] It holds annual Case Study Competitions across the Gulf Region.[6][7][8][9][10] The Pearl Initiative has been involved with the Siemens Integrity Initiative,[11][12] and the Bill & Melinda Gates Foundation.[13]

History

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The Pearl Initiative was founded in 2010 in cooperation with the United Nations Office for Partnerships[14] to promote higher standards in corporate governance, accountability, and transparency in the Gulf region.[15] The organization was granted Special Consultative Status with the United Nations Economic and Social Council in 2019.[16] In 2020, the Pearl Initiative launched its updated strategy "PI Vision 2025".[citation needed]

Structure and key people

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The Pearl Initiative's board of governors and CEO council is made up of members representing Saudi Aramco, Tadawul, Shell, Ernst & Young, PwC, Aramex, Chalhoub Group, KPMG, Bank of Sharjah, Saudi Telecommunications Company, Freshfields Bruckhaus Deringer, Dana Gas, Crescent Petroleum, Gulftainer, Al Rajhi Partners, Crescent Enterprises, and ASDA'A.[17][18][19]

In 2018, the Pearl Initiative's board of governors established a student advisory board made up of students from the American University of Sharjah, Effat University, Ahlia University, Abu Dhabi University and Prince Sultan University.[20][21][22]

In 2021, the Pearl Initiative announced the appointment of Ranya Saadawi as its executive director.[23]

References

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  1. ^ "Mena focus for UN campaign". 21 September 2013. Retrieved 11 July 2018.
  2. ^ "Middle East family firms focus on corporate governance". Gulf News Economy. 22 January 2016. Retrieved 11 July 2018.
  3. ^ "CEO Corner: Badr Jafar". AccountAbility. AccountAbility. Retrieved 20 June 2019.
  4. ^ "Middle East family firms focus on corporate governance". Gulf News Economy. Retrieved 11 July 2018.
  5. ^ "Pearl Initiative Events". Pearl Initiative. Retrieved 20 June 2019.
  6. ^ "Pearl Initiative Student Case Study Competition highlights importance of responsible business practices in newly published report". Zawya. Zawya. 15 February 2015. Retrieved 10 Mar 2016.
  7. ^ "Pearl Initiative introduces corporate good practices". The Saudi Gazette. 5 November 2012.
  8. ^ "TDIC Recognised in Pearl Initiative's Series on Corporate Good Practices Report". UAE TOday. Retrieved 10 March 2016.
  9. ^ "Top Bahraini University Students Recognised". Bahrain Week. Bahrain Week. Retrieved 20 June 2019.
  10. ^ "The shining pearls". Saudi Gazette. Retrieved 8 April 2018.
  11. ^ "Siemens Integrity Initiative supports the Pearl Initiative to drive good business practices in the GCC". Zawya. 29 Oct 2015. Retrieved 10 March 2016.
  12. ^ "Pearl Initiative, Siemens Gather Industry Experts to Discuss Anti-Corruption Practices". Retrieved 30 June 2018.
  13. ^ "Pearl Initiative launches new programme". Gulf News. Retrieved 30 June 2018.
  14. ^ "Next 10 years is key for MENA's long-term sustainability, says Badr Jafar". Wamda. Retrieved 2022-04-12.
  15. ^ "Mena focus for UN campaign". The National. 2013-09-21. Retrieved 2022-04-12.
  16. ^ "Pearl Initiative promotes strategic philanthropy in the Gulf region". www.gulftoday.ae. Retrieved 2022-04-12.
  17. ^ "Ministers, business leaders gather at Expo2020 Dubai to reinforce business case for governance and sustainability". wam. 2021-11-21. Retrieved 2022-05-07.
  18. ^ "Patronage and Governance". Pearl Initiative. Retrieved 2022-04-15.
  19. ^ Staff Writer; WAM. "Pearl Initiative launches 'Vision 2025' to transform corporate governance practices across Gulf region". www.zawya.com. Retrieved 2022-04-15.
  20. ^ "Prince Sultan University | News". www.psu.edu.sa. Retrieved 2022-05-07.
  21. ^ CL (2021-06-21). "Pearl Initiative names six GCC youth to its Student Advisory Board". Middle East News 247. Retrieved 2022-05-07.
  22. ^ "Student Advisory Board – Summary". Pearl Initiative. Retrieved 2022-04-17.
  23. ^ "Pearl Initiative promotes strategic philanthropy in the Gulf region". www.gulftoday.ae. Retrieved 2022-04-15.
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