• MOSTADAM: More Than Just Finance

    Perihan Abdel Ghaly, Arab African International Bank
    Maha Hasebou, Arab African International Bank
    Arab African International Bank

    Since 2004, privatization and economic reforms in Egypt, especially in the banking sector, have spurred active engagement and responsibility toward communities and in the country at large. The banking sector’s current capacity and capital remain significant when comparing its role in social and environment development. The Arab African International Bank (AAIB)’s experience offers a successful trendsetting model concerning the role of banks in affecting the growth of new industries and the economy at large.  more[...]

    The Author
     
  • Corporate Governance: The Way to Sustainable Finance

    Perihan Abdel Ghaly, Arab African International Bank
    Arab African International Bank

    Arab African International Bank (AAIB) firmly believes that the road to impactful corporate governance entails values that achieve sustainable businesses as an end goal – AAIB seeks to maintain the balance between economic growth, profitability, and environmental, social, and governance (ESG) concerns.  more[...]

    The Author
     
  • Education, Community, and Social Equality

    Perihan Abdel Ghaly, Arab African International Bank
    Arab African International Bank

    Arab African International Bank believes in investment in youth for a better future and realizes that its influence as a leading private institution has grown in parallel with its competitiveness. Arab African International Bank was the first bank in Egypt and the region to launch an education program for undergraduates in various universities across the country and offers awards for creative ideas.  more[...]  login_required

    The Author
     
  • MENA

    Editorial Team

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    Editorial Team
     
  • Abdel Ghaly, Perihan

    Editorial Team

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    The Author
    Editorial Team
     
  • Moss, Craig

    Editorial Team

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    The Author
    Editorial Team
     
  • Improving Labor Standards Performance in the Middle East

    Craig Moss, Social Accountability International (SAI)

    Labor standards and working conditions in the Middle East exhibit many of the same basic problems that occur globally. If we look at workers’ demands from the recent strikes in Egypt and Jordan, we will see issues that clearly violate the International Labour Organization’s core labor conventions – unfortunately, that will surprise no one.  more[...]  login_required

    The Author
    Craig Moss, Social Accountability International (SAI) 
     
  • Loewe, Markus

    Editorial Team

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    Editorial Team
     
  • Responsible Business Is the Key – The Role of Corporate Social Responsibility in the Arab Economies

    Walid Nagi, UN Global Compact
    Habiba Al Marashi, Emirates Environmental Group (EEG)

    In this interview, Habiba Al Marashi, Chair of the Emirates Environmental Group (EEG) and Board Member of the UN Global Compact, and Walid Nagi, Manager CSR and Corporate Communications at the Al-Mansour Holding and UNGC Regional Networks Manager MENA and Europe, talk about the drastic social changes, the examples companies can provide, and the importance of the business sector for sustainable development in the MENA region.  more[...]

    The Author
     
  • Responsible Business Is the Key – The Role of Corporate Social Responsibility in the Arab Economies

    Walid Nagi, UN Global Compact
    Habiba Al Marashi, Emirates Environmental Group (EEG)

    In this interview, Habiba Al Marashi, Chair of the Emirates Environmental Group (EEG) and Board Member of the UN Global Compact, and Walid Nagi, Manager CSR and Corporate Communications at the Al-Mansour Holding and UNGC Regional Networks Manager MENA and Europe, talk about the drastic social changes, the examples companies can provide, and the importance of the business sector for sustainable development in the MENA region.  more[...]

    The Author
     
  • On the Role of Human Development in the Arab Spring

    Prof. Randall Kuhn, University of Denver

    This essay traces the impact of human development on political change, focusing on the events of the Arab Spring. Over the past generation, most Arab States experienced rapid progress in human development outcomes, including declining child mortality, increasing schooling and increasing height of women. I posit that improvements in human development laid the foundation for mobilization against political regimes.  more[...]

    The Author
    Prof. Randall Kuhn, University of Denver 
     
  • Will the Arab Spring Free the “Orphans of Globalization”?

    Prof. Jean-Pierre Lehmann, IMD

    It was a humiliated Arab youth – the Tunisian Mohammed Bouazizi from the desolate village of Sidi Bouzid – who, in immolating himself, sparked a revolution that engulfed his country, spread to Egypt, and has gripped the entire Arab world. It is the first revolution to happen in the Arab world for some time, certainly one led by youth, and it is the first in which the spirit of revolution was spread through such social media instruments as Facebook and Twitter.  more[...]

    The Author
    Prof. Jean-Pierre  Lehmann, IMD 
     
  • Renewable Energy in the Middle East and North Africa

    Dr. Franz Trieb, German Aerospace Center - DLR
    Prof. Hans Müller-Steinhagen, Technische Univeristät Dresden

    Until very recently, the countries of the Middle East and North Africa (MENA) region had not indicated any serious interests in the use of renewable energies, as these technologies were considered insufficient, irrelevant, and expensive. Countries with oil or gas became rich by exploiting their fossil fuel reserves, while the other countries claimed to be too poor to be able to afford wind or solar power. This picture changed in 2008 when the price of a barrel of oil climbed to $140.  more[...]

    The Author
     
  • Improving Labor Standards Performance in the Middle East

    Craig Moss, Social Accountability International (SAI)

    Labor standards and working conditions in the Middle East exhibit many of the same basic problems that occur globally. If we look at workers’ demands from the recent strikes in Egypt and Jordan, we will see issues that clearly violate the International Labour Organization’s core labor conventions – unfortunately, that will surprise no one.  more[...]

    The Author
    Craig Moss, Social Accountability International (SAI) 
     
  • Wasta: How the Use of “Connections” Impacts on Private Sector Development in Arab Countries and Why

    Dr. Markus Loewe, German Development Institute

    The literal translation of the Arabic word wasta is “connection,” but it is often employed for favoritism, that is, the use of personal relations for preferential treatment. Favoritism is a form of corruption when someone uses her/his position to distribute the resources of someone else (e.g., the employer or the state) to a friend or relative.  more[...]

    The Author
    Dr. Markus Loewe, German Development Institute 
     
 
 
 
 

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