”QGIRCO” Sponsors the first corporate governance conference08 November 2017
Doha – Qatar
Tuesday 7 November Hawkama held press conference for the first corporate governance conference Qatar General Insurance & Reinsurance Company is participating in this conference as a golden sponsor of the event. This conference aims to announce the coming activities for corporate governance. Qatari publicly traded companies initiated the development of a governance report since 2010 under the provisions of the Governance Code issued by Qatar Financial Markets Authority in 2009.
According to the code, these 44 companies are assigned to submit such report to Qatar Financial Markets Authority in a period not exceeding the month of July of each year.
The companies displayed 100% commitment to writing these reports during the last years.
Qatar is considered the sole Arab country that obliges its listed companies to develop the report.
Through the last years and since issuing this Code, several workshops were conducted is this regard however, a conference that gathers all companies along with regulatory bodies and experts of international institutions was not taken into consideration.
Furthermore, all these reports were not available at one place, thus holding this conference in November of this year is regarded as an exclusive and crucial event that aims to highlight the governance reports book which will be launched during this conference. Mr. Hassan Taha, QGIRCO’s legal advisor, has delivered a speech representing HE Sheikh Nasser bin Ali bin Saud Al Thani, Chairman of Qatar General Insurance & Reinsurance Company and stressed on “Qatar General Insurance and Reinsurance Company’s participation in the conference is a major priority for the company as one of the first companies in Qatar to implement governance in all its activities and strongly believes that governance is an integral part of its values, and important procedure of the company.”
The first Corporate Governance Conference will be held on 13 November 2017 and it will be attended by VIPs and dignitaries, with the participation of Qatar General Insurance and Reinsurance Company as a golden sponsor of the event.