Corporate Governance in MENA

Building a Framework for Competitiveness and Growth

image of Corporate Governance in MENA

A strong corporate governance framework is essential for MENA economies as they strive to boost economic growth, strengthen competitiveness and build prosperous societies. The G20/OECD Principles of Corporate Governance and the OECD Guidelines on Corporate Governance of State-Owned Enterprises are a reference in order to build such a framework. This report assesses the corporate governance landscape in the MENA region by identifying challenges and proposing policy options for reform. The findings of the report are based on an analysis of policies and practices in four thematic areas: boosting access to finance and capital markets, improving transparency and disclosure, achieving gender balance in corporate leadership and enhancing the governance of state-owned enterprises in MENA. Overall, the report finds that MENA economies have made progress in strengthening corporate governance frameworks in recent years, but that the region still faces challenges in adopting and implementing corporate governance measures that support economic efficiency, sustainable growth and financial stability.

English French, Arabic


State ownership in MENA

Transparency regarding the operations and objectives of state-owned enterprises is crucial for monitoring their performance and maximising their economic and societal contributions. This chapter examines what is known about state-owned enterprises in the MENA region and points to areas where more systematic investigation could inform policy efforts. It first discusses the policy and institutional arrangements for state ownership in the region, highlights reforms underway in some MENA economies and compares the situation in the region with international trends. It then discusses the collection and public availability of quantitative information on state-owned enterprises in individual countries and compares this with international practices. The chapter concludes by proposing policy options for improving state ownership policies and practices in the region, drawing on the standards of the OECD Guidelines on Corporate Governance of State-Owned Enterprises.

English French

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error