Hans Zimmer to reimagine Saudi national anthem and collaborate on future projects    Saudi Arabia's oil exports leap to 8-month peak in November    Maximum fine of SR900 for using mobile phone while driving    Al-Jadaan at WEF: Saudi Arabia achieves $200 in investment returns for every dollar it spends    Saudi House pavilion at WEF showcases Kingdom's key achievements and promising investment opportunities    Convicted US Capitol rioter turns down Trump pardon    "Theeb Rent a Car" receives two awards for Best New Sustainability Practices and Most Distinguished Company in Social Responsibility from The Global Economics    US tech giants announce AI plan worth up to $500bn    Israel's military chief resigns over 7 October 2023 failures    Dangerous drug-resistant bacteria are spreading in Ukraine    France issues health warning as tons 'aphrodisiac honey' seized    Tariffs on imports only way to get fairness, says Trump    24 Democratic states and cities sue over Trump's bid to end birthright citizenship    Al Nassr secures hard-fought 3-1 victory over Al Khaleej in Saudi Pro League    Al Hilal signs young Brazilian talent Kaio César from Vitória Guimarães    Roberto Firmino's volley secures Al Ahli's 2-1 win over Al Ettifaq    Saudi Arabia introduces national policy to eliminate forced labor    Al Hilal solidifies Saudi Pro League lead with a 4-1 victory over Al Wahda    Princess Hessa bint Salman attends launch of fashion design exhibition in Riyadh Princess Noura Al-Faisal: Art of Heritage showcases Saudi identity with a modern vision    Weight-loss drugs may boost health in many ways    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



CPC joins Pearl Initiative for ‘sharing knowledge'
Published in The Saudi Gazette on 11 - 07 - 2012

DUBAI – The Peal Initiative, the GCC-based, private sector-led, not-for-profit organization developed in collaboration with the United Nations Office for Partnerships to promote transparency, accountability, corporate governance and best business practices in the Arab world, has announced that Construction Products Holding Company (CPC) is the newest Corporate Partner to join its growing regional network of business leaders committed to driving joint action and sharing knowledge and experience.
As a not-for-profit membership organization, The Pearl Initiative catalyses joint collaborative action between regional and global business leaders, international institutions, government bodies, wider initiatives, and cross-sector partnerships. The organization welcomes its Partner Companies based on their commitment to improve business practices.
Faysal Alaquil, CPC Director of Business Development and Head of Social Responsibility, said: "There is a very important role for Saudi Arabian companies to play in fostering good corporate governance principles in Saudi Arabia and the region, by being an example to other companies, as well as benefiting from partnerships such as The Pearl Initiative. There is a great opportunity for us, as a participant in such a significant organization, to be one of the influencers in key programs, activities and research carried out by The Pearl Initiative, to address issues in implementing responsible business practices." "This new partnership shows CPC's commitment to continuing our performance and implementation of well defined corporate governance structures and standards. It is in our core strategy to develop transparency, accountability and corporate responsibility standards, reflected in our board diversity, capability and responsible business plans," Alaquil added.
The Peal Initiative offers its Partners a number of key privileges. These include receipt of all research, analysis and briefings carried out by the organization, access to resources that allow peer-to-peer exchange, opportunity to exhibit leadership and progress in corporate governance and transparency, and a chance to participate in exclusive events and roundtables with key influencers in the region.
Imelda Dunlop, Executive Director of the Pearl Initiative, said:
"We are very pleased to welcome CPC to our network as a Corporate Partner. Today, there is a growing realization of the critical role corporate governance and transparency play in the development of modern businesses, as they enhance investor confidence and help in developing the capital markets of the region. This is vital in moving the wheel of competitive economic growth, spurring job creation and enhancing sustainable social development." – SG


Clic here to read the story from its source.