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Dana Gas provides  market update on its drilling program in Egypt

Strong governance to boost resilience of Mena economies

Improving the governance of businesses, particularly family-owned firms that comprise the majority of non-oil economy in the Middle East, is a top concern for the Region. This is according to the ‘Corporate Governance for Competitiveness in the Middle East and Africa’ report, just released by Crescent Enterprises, the UAE-based conglomerate, and co-developed with the Pearl Initiative, the leading Gulf business-led organisation promoting a corporate culture of accountability and transparency as a key driver of competitiveness across the Region.

Business must help solve Arab problems, Badr Jafar, says

Davos: “Business has a responsibility to take lead and start to help finding solutions to the Arab world’s problems, and we cannot sit back and rely on the progressive policies of the UAE government to solve everything in the region,” said Badr Jafar, Chief Executive Officer of UAE-based Crescent Enterprises which employs 5,000 people in 22 countries...