Tuesday, October 03, 2006 7:47:06 PM
Gulf lags in corporate governance
Tuesday, October 03 - 2006 at 08:41
Corporate governance standards in the GCC are generally poor, complying with only half of the international best practice codes, according to a joint UAE-US report cited by Gulf News. Analysts say Oman has the strongest corporate governance framework, complying with around 70% of guidelines issued by the Institute of International Finance. But governments are moving to increase standards, with most introducing codes as part of new company laws.
http://www.ameinfo.com/97987.htmlGulf%20lags%20in%20corporate%20governance
When AFs are released by KPMG, they will comply with all requirements. I am confident the release will occur in a reasonable time. P.V., CEO is effectively part-time as CEO of Sulja, and his primary duties are as CEO of KORE dedicated to current deal making and closure of deals for the enterprise. In my opinion, his public releases regarding SLJB remain credible.
To eelfland and fla trader...I am from Orlando and Lake Wales...remember the A & W..THE BARREL across from the police station fla trader? My family ran it from 1950 thru the '60s...put me thru college at U of F.
Long and strong on SLJB!
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